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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Quincy, IL

Listed for sale 7 days ago
$ 165,000
ROI
29.6
Cash Flow/m
452- 6 Bed
- 4 Bath
- 3041 sft
1300 Jefferson St, Quincy, IL, 62301

$ 275,000
ROI
25.0
Cash Flow/m
401- 7 Bed
- 4 Bath
- 4450 sft
1629-1631 Vermont St, Quincy, IL, 62301

$ 165,000
ROI
32.2
Cash Flow/m
572- 5 Bed
- 4 Bath
- 3780 sft
537 Locust St, Quincy, IL, 62301

Currently Rented
$ 120,000
ROI
30.8
Cash Flow/m
370- 4 Bed
- 2 Bath
- 1741 sft
824 S 11th St, Quincy, IL, 62301
Why Invest in Quincy, Illinois?
Investing in multifamily properties in Quincy, IL, presents an excellent opportunity for investors seeking strong returns. With an average cap rate of 6.5% and a rental yield of 8.2%, Quincy offers a favorable environment for generating passive income. Additionally, the city's consistent job growth and affordable living conditions lead to a high demand for rental units, providing steady cash flow.
12%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Quincy is approximately $900 per month. This competitive pricing makes it an attractive location for both renters and investors.
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