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Updated Three-Unit Triplex
For Sale
$190,000

413 W Columbia Ter, Peoria, IL 61606

The apartments provide a two-bedroom, one-bedroom, and studio mix with refreshed interiors.

Property SizeContact for details
Days on Market11

Property Features for 413 W Columbia Ter

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 3
Individually Metered Utilities gas, electricity

Additional Details

Tenant in Place Yes

Building Details

Year Built 1930
Buildings 1
Listing Agency: Landmark Realtors
Listed By: Jacqueline Betancourt
Source: Illianahomesource
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 8:22AM

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 Landmark Realtors

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Investment Insights

Based on property information with market context.

Built in 1930, this Peoria triplex contains three rented apartments: a two-bedroom unit with a separate dining room, a one-bedroom apartment, and a studio. A spacious foyer provides access to the upper unit, and a shared area offers additional interior space. The apartments have new flooring, updated plumbing, new appliances, and fresh paint. Gas and electric service are separately metered.

The property is within walking distance of OSF Saint Francis Medical Center, Methodist Hospital, and Bradley University. I-74 is a short drive away.

Key Highlights

  • Three rented apartments: two‑bedroom, one‑bedroom, and studio
  • Upper apartment includes a separate dining room
  • New flooring, updated plumbing, new appliances, and fresh paint

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The apartments provide a two-bedroom, one-bedroom, and studio mix with refreshed interiors.
Where is this triplex located?
The property is located at 413 W Columbia Ter Peoria, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Three rented apartments: two‑bedroom, one‑bedroom, and studio; Upper apartment includes a separate dining room; New flooring, updated plumbing, new appliances, and fresh paint
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