Three-Unit Rental
For Sale
$365,000
117 N MORRISON Street, Centralia, IL 62801
Three freshly built 3-bed, 2-bath ranch rentals are each equipped with laminate flooring and on-demand water heaters.
Property SizeContact for details
Days on Market598
Property Features for 117 N MORRISON Street
General Information
Standard status
Active
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$347
Building Details
Year Built
2023
Listing Agency:
SOMER REAL ESTATE
(618) 548-5123
Listed By:
Anna M Lange · License #475193597
(618) 335-4472
Source:
Exitrealty
Added: Jan 15, 2025
Changed: Aug 8
Last Checked: Jul 30 at 6:41AM
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 SOMER REAL ESTATE
Investment Insights
Based on property information with market context.
This for-sale triplex features three freshly built 3-bedroom, 2-bath ranch homes. Each unit includes laminate flooring throughout and has an on-demand water heater. The property is currently leased month-to-month.
Utilities are supported by city water and Ameren electric and gas. Per the seller, tenants pay all utilities. Appliances are owned by the seller in all units, with the exception of the washer and dryer in unit one.
Parking and storage vary by unit: there is a carport in front of unit one and a shed out back that are owned by the tenant. Carport and a shed located behind units two and three are owned by the seller.
Utilities are supported by city water and Ameren electric and gas. Per the seller, tenants pay all utilities. Appliances are owned by the seller in all units, with the exception of the washer and dryer in unit one.
Parking and storage vary by unit: there is a carport in front of unit one and a shed out back that are owned by the tenant. Carport and a shed located behind units two and three are owned by the seller.
Key Highlights
- Three freshly built rental homes built in 2023, each a 3‑bed, 2‑bath ranch
- Laminate flooring throughout all three homes
- On‑demand water heaters in all 3 homes
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
Demographics for 62801, IL
20,502
Population
9,044
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
86%
High-School Grad
134.4 sq mi
ZIP Area
153
Density / Sq Mi
$53,740
Median Household Income
$36,109
Median Earnings
$785
Median Rent
$91,100
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?
Triplex - Three freshly built 3-bed, 2-bath ranch rentals are each equipped with laminate flooring and on-demand water heaters.
Where is this triplex located?
The property is located at 117 N MORRISON Street Centralia, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Three freshly built rental homes built in 2023, each a 3‑bed, 2‑bath ranch; Laminate flooring throughout all three homes; On‑demand water heaters in all 3 homes
