Townhouse Investment Properties for Sale in Peoria, IL
75- 2 Bed
- 2 Bath
- 1305 sft
45- 3 Bed
- 4 Bath
- 2272 sft
231- 3 Bed
- 3 Bath
- 2066 sft
271- 4 Bed
- 4 Bath
- 2904 sft
Why Invest in Peoria, Illinois?
Peoria, IL offers strong opportunities for townhouse investors seeking stable rental income and appreciation. With a growing renter population and affordable entry prices around $130k, townhouses deliver solid **cap rates** of 7-9%. Recent data shows **8% annual appreciation** and average rents near $1,200, supporting **cash flows** of $400+ monthly. Low vacancy and Midwest economic stability make townhouses a low-risk choice for long-term holds.
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 8% with average rents of $1,200 and low maintenance. Appreciation has averaged 8% annually, supported by steady demand. Investors benefit from affordable purchase prices under $150k.
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