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Two-Home Multifamily Property
For Sale
$78,900

1813 N Indiana Ave, Peoria, IL 61603

Includes a three-bedroom residence and a separate one-bedroom home with a one-car garage.

Property Size1,700 SF
Price / SF$46.41
Days on Market8

Property Features for 1813 N Indiana Ave

General Information

Standard status Active
Size 1,700 SF
Property subtype Multi-Family

Building Details

Year Built 1920
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Brian Monge · License #475124221
Source: Schaublerealty
Added: Aug 26 Changed: Aug 30 Last Checked: Sep 1 at 9:15PM

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 Jim Maloof Realty, Inc.

Investment Insights

Based on property information with market context.

This multifamily property at 1813 N Indiana Ave includes two residential homes totaling 1,700 SF. The primary residence offers three bedrooms, hardwood flooring, an updated electric box, a full basement, and a high-efficiency furnace. The second home provides one bedroom and a one-car garage.

Both homes are fully rented, with separate gas and electric meters serving the residences. Water and sewer are paid by the owner. Built in 1920, the property is being offered in its current condition and provides a two-home configuration in Peoria, Illinois.

Key Highlights

  • Two residential homes totaling 1,700 SF
  • Three‑bedroom main home with hardwood floors and full basement
  • Second home includes one bedroom and a one‑car garage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Barber Shop Spa & Massage Center Electrical Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,769
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Includes a three-bedroom residence and a separate one-bedroom home with a one-car garage.
Where is this multifamily property located?
The property is located at 1813 N Indiana Ave Peoria, IL.
What is the asking price?
The asking price for this property is $78,900.
What are key features of this property?
This property features: Two residential homes totaling 1,700 SF; Three‑bedroom main home with hardwood floors and full basement; Second home includes one bedroom and a one‑car garage
More about this property
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