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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Charleston, IL
Currently Rented
Rental Income
$ 102,500
ROI
26.4
Cash Flow/m
189- 2 Bed
- 2 Bath
- 1056 sft
1704 Monroe Ave, Charleston, IL, 61920
$ 128,500
ROI
20.0Cash Flow/m
9- 2 Bed
- 2 Bath
- 1176 sft
811 Westchester Pl, Charleston, IL, 61920
$ 118,900
ROI
21.6Cash Flow/m
61- - Bed
- - Bath
- - sft
802 Van Buren Ave, Charleston, IL, 61920
$ 170,000
ROI
21.2Cash Flow/m
67- 7 Bed
- 3 Bath
- - sft
1103 & 1105 6th St, Charleston, IL, 61920
Why Invest in Charleston, Illinois?
Investing in multi-family properties in Charleston, IL, offers a strong opportunity for real estate investors. With an average rent of $1,100 and a rental yield of 8.5%, the market is attractive for those looking for steady cash flow. The cap rate stands at approximately 7%, making it a favorable environment for investors seeking to maximize their investment returns.
10%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Charleston, IL, is approximately $1,100 per month, making it an attractive option for many tenants.
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