Active
202 Wabash Avenue
Belleville, IL 62220
$140,000
0 beds · 0 baths · 1,426 sq ft
Listing office: Keller Williams Pinnacle
Photo 1 of 1
About this home
Don't miss this fully occupied duplex offering immediate rental income with $18,000 in current annual gross rental income and excellent upside potential. The property features two occupied units on month-to-month leases, providing flexibility for investors while maintaining consistent cash flow. The upper unit is currently rented for $850 per month, while the lower unit, with its own private entrance and separate exit, is rented for $650 per month. Both rents are below current market value, presenting an opportunity to increase future income. Market rents are estimated at approximately $1,000 per month for the upper unit and $850 per month for the lower unit. Recent improvements include replacement of the tub faucet plumbing fixture and repairs to the back and side sections of the roof, helping reduce immediate maintenance needs. Tenants are responsible for gas and electric, while the owner pays water, sewer, trash, and seasonal lawn care. Current owner expenses include approximately $375–$400 per month for water, sewer, and trash. $110 per month for landscaping during the mowing season. With no vacancies, separate entrances for both units, below-market rents, and significant potential to increase cash flow, this duplex is an outstanding opportunity for investors looking to expand their portfolio with a property that offers both immediate income and future appreciation potential.
Home facts
- Bedrooms
- 0
- Bathrooms
- 0
- Living area
- 1,426 sq ft
- Lot size
- 0.1 acres
- Property type
- Residential Income · 2-4 Units
- Year built
- 1893
- Subdivision
- Highland Add
- Days on market
- 102
- Listed on
- Jul 14, 2026
- Listing office:
- Keller Williams Pinnacle, 618-226-6447
- Listing agent:
- Viktoriia Kovel
- MLS number:
- 26044473
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 2:30 AM CDT.
Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.