518 W Harris Avenue, Greenville, IL 62246
Local realty services provided by:CENTURY 21 Premiere Realty
518 W Harris Avenue,Greenville, IL 62246
$165,000
- - Beds
- - Baths
- 3,328 sq. ft.
- Multi-family
- Active
Listed by: noel harnetiaux
Office: bond county realtors
MLS#:26009661
Source:MO_MARIS
Price summary
- Price:$165,000
- Price per sq. ft.:$49.58
About this home
If you’re not afraid of a little grit and you know how to unlock potential, this four-unit property could be your next value-add win.
The building features two 3 bed, 1 bath units and two 1 bed, 1 bath units. Three of the four apartments are considered livable, with projected monthly income between $2,000–$2,200 once stabilized. All three previously passed Occupancy Permit inspections at the time their last tenants moved in.
Two units are currently tenant-occupied, with both tenants on month-to-month leases. One unit is vacant and close to rent-ready with some finishing touches. The fourth unit needs renovation and is not physically accessible for showings.
Each apartment has separate electric and water meters, allowing tenants to pay their own utilities and keeping operating expenses more predictable.
Details about each apartment:
Unit A - 1 bedroom, 1 bath, 624 sq ft, ground floor. Currently vacant, market rental rate $500-600/month.
Unit B - 3 bedroom, 1 bath, 1036 sq ft, 2nd floor with private deck. Currently rented below market rental rate for $700/month.
Unit C - 1bedroom, 1 bath, 600 sq ft, 2nd floor. In need of repairs and updating, only accessible by exterior stairs, which are currently not in place. Market rental rate $500-600/month.
Unit D - 3 bedroom, 1 bath, 992 sq ft, ground floor. Currently rented at market rental rate, $800/month.
Let’s be clear: this property is not glamorous. It needs cleaning, cosmetic updates, and hands-on ownership. Fresh paint, new flooring, and general improvements could significantly increase both appeal and cash flow. For the right buyer with vision and a plan, this could become a solid addition to an investment portfolio.
Bring your contractor, your creativity, and your calculator.
Contact an agent
Home facts
- Year built:1986
- Listing ID #:26009661
- Added:5 day(s) ago
- Updated:March 01, 2026 at 03:55 PM
Rooms and interior
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
- Living area:3,328 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Wall/Window Unit(s)
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1986
- Building area:3,328 sq. ft.
- Lot area:0.41 Acres
Schools
- High school:Greenville
- Middle school:BOND DIST 2
- Elementary school:BOND DIST 2
Utilities
- Water:Public
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$49.58
- Tax amount:$4,068 (2024)
New listings near 518 W Harris Avenue
- New
$489,000Active3 beds 4 baths2,414 sq. ft.417 Dudleyville Road, Greenville, IL 62246
MLS# 26008869Listed by: BAILEY REAL ESTATE LLC - New
$280,000Active4 beds 4 baths2,196 sq. ft.5 Spring Hill Drive, Greenville, IL 62246
MLS# 26006111Listed by: SEVEN OAKS REALTY - New
$149,900Active2 beds 1 baths800 sq. ft.604 E South Street, Greenville, IL 62246
MLS# 26008572Listed by: COLE JONES GROUP WITH ELEVATE ILLINOIS REALTY - New
$79,900Active4 beds 2 baths1,856 sq. ft.523 W Washington Avenue, Greenville, IL 62246
MLS# 12570954Listed by: KERI HIR - New
$989,800Active3 beds 3 baths4,252 sq. ft.6 Willow Circle Drive, Greenville, IL 62246
MLS# 26009385Listed by: WALL REAL ESTATE
$265,000Pending4 beds 2 baths3,152 sq. ft.221 E Main Street, Greenville, IL 62246
MLS# 26008936Listed by: SEVEN OAKS REALTY
$250,000Pending3 beds 3 baths1,900 sq. ft.807 Linder Boulevard, Greenville, IL 62246
MLS# 26008755Listed by: BOND COUNTY REALTORS
$29,000Active0.48 Acres1016 E Oak Street, Greenville, IL 62246
MLS# 26008500Listed by: BOND COUNTY REALTORS
$569,000Active7 beds 4 baths5,600 sq. ft.1015 E Oak Street, Greenville, IL 62246
MLS# 26008254Listed by: BOND COUNTY REALTORS