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Sold on 05/19/2023
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1816 E Watch Ave, Springfield, IL 62702

  • $114,000

    Last sold 05/19/2023 for $90K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1816 E Watch Ave

Property type Multi-family
Neighborhood
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This duplex offers two separate units, each with one bedroom and one bathroom. Both units are fully rented to section 8 tenants, with a gross rent of $1,349.The owner is responsible for garbage and mowing, while all utilities are separated and paid for by the tenants. Each unit also includes a full unfinished basement with separate washer and dryer hookups. Recent updates within the last year include new flooring, fresh paint, new appliances, and new windows, making this property a great investment opportunity!
Listed by
Listing Agent Contact: Pref: 217-638-1360
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1021121 • last updated 3 years ago
Movoto checked RMLS Alliance for data 17 minutes ago
Overview
Heating Forced Air, Gas, Central Air
Levels/Style One Story
MLS # CA1021121
Status Sold
SubType Residential Income
Property Tax 1482.54
Exterior
Foundation Block
Roof Shingle
Construction Vinyl Siding
Parking Detached
# of Parking Spaces 4
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Lanphier High School
APN 14-23.0-332-005
Directions N 19th To Watch
Multifamily Details
Total # of Units 2
Net Operating Income -1987
Expense: Operating 504
Expense: Trash 24
$114K
Range: $78.6K-$149K
Last 30 days 
Rental est.: $1,485/month
Gross rent multiplier: 5.1 - Great
  • 1816 E Watch Ave
    $90K
  • Springfield
    —
  • 62702
    $129K +3% y/y
  • Springfield
    $195K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Fairview Elementary School
public Grades K-5
Springfield School District 186
2/10
Washington Middle School
public Grades 6-8
Springfield School District 186
2/10
Lanphier High School
public Grades 9-12
Springfield School District 186
Source: GreatSchools.org © 2026. All rights reserved.

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