714 23Rd St, Murphysboro, IL 62966
This exceptional investment opportunity presents a well-maintained two-unit apartment building located at 714 N 23rd St, Murphysboro, Illinois, 62966. The property, built in 1993, boasts a total of 1,800 square feet and is offered at an attractive asking price of $125,000, translating to $69.44 per square foot. Each of the two spacious units features two sizable bedrooms and one bathroom, providing comfortable living spaces for tenants. The floor plan in each unit is designed with an open concept, seamlessly connecting the living area to the kitchen. Convenient on-site parking is available with four spaces provided for residents. The building offers both front and back entrances, enhancing accessibility and convenience. The property's location in Murphysboro, Jackson County, Illinois (APN: 14-05-252-009) presents a strong potential for rental income, making it an ideal investment for both seasoned investors and owner-occupants seeking a positive return on investment. This updated duplex is ready for immediate occupancy or rental. The property's features and location combine to create a compelling investment opportunity in a desirable market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.