Updated Duplex with Separate
For Sale
$79,500
1218 N 8th Street, Quincy, IL 62301
Up-and-down residential income property with one occupied unit and one currently vacant unit.
Property Size2,341 SF
Days on Market127
Property Features for 1218 N 8th Street
General Information
Standard status
Active
Size
2,341 SF
Total Parking Spaces
2
Property subtype
Residential Income
Lease Term
Month To Month
Additional Details
Gross Income
$15,000
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,385
Building Details
Building Size
2,341 SF
Year Built
1886
Buildings
1
Units
2
Listing Agency:
Mays LLC REALTORS
(217) 316-1375
Listed By:
Joe Mays
(217) 316-1375
Source:
Craggsrealtors
Added: Apr 7
Changed: Aug 10
Last Checked: Aug 10 at 9:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mays LLC REALTORS
Investment Insights
Based on property information with market context.
Built in 1886, this up-and-down duplex includes two separate residential units. The main-floor apartment has been occupied by the same tenant for several years, while the upstairs unit is currently vacant. Each unit has individual utility meters, including separate water metering, and tenants pay their own utilities.
Recent property improvements include a furnace serving the main floor, new flooring upstairs, water lines extending to the second floor, updated electrical panels for both units, and newer water heaters. The two-unit layout provides an existing tenant arrangement along with a vacant upper unit.
Recent property improvements include a furnace serving the main floor, new flooring upstairs, water lines extending to the second floor, updated electrical panels for both units, and newer water heaters. The two-unit layout provides an existing tenant arrangement along with a vacant upper unit.
Key Highlights
- Up‑and‑down duplex with two separate residential units
- Main‑floor tenant has occupied the unit for several years
- Upstairs unit is currently vacant
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,341
Businesses Nearby
Explore this area
Business Placement
Demographics for 62301, IL
31,481
Population
15,295
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
11.2 sq mi
ZIP Area
2,811
Density / Sq Mi
$52,212
Median Household Income
$36,665
Median Earnings
$805
Median Rent
$124,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Up-and-down residential income property with one occupied unit and one currently vacant unit.
Where is this duplex located?
The property is located at 1218 N 8th Street Quincy, IL.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: Up‑and‑down duplex with two separate residential units; Main‑floor tenant has occupied the unit for several years; Upstairs unit is currently vacant
