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Listed price in listed location currency (USD).
$149,900

000

MLS® 6252863

  • Key Facts
  • Description
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Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $3,840
Days Active 164
Lot Size 0.6 acres
Approx. Age 1858
MLS® Number 6252863

Property Address: 314 S Cedar St, Shelbyville, IL, 62565-1840

Average square foot calculated using Size range provided by listing agent.

Description

Versatile Multi-Family Property with Strong Rental Income & Conversion Potential! Welcome to this spacious multi-family home offering two generous units—perfect for investors seeking steady rental income, Airbnb potential, or buyers looking to convert into a single-family residence. Unit 1 features: 3 spacious bedrooms and 2.5 baths, large living room perfect for relaxing or entertaining, Eat-in kitchen with ample cabinet and counter space, Full front porch access, Basement access with shared laundry area Unit 2 offers: 2 bedrooms and 2.5 baths, Expansive layout with a large living room, family room, and dining area, updated kitchen with range, refrigerator, microwave and dishwasher, Enclosed porch perfect for year-round enjoyment, Attached 2+ car garage, Direct basement access with private laundry, workshop, and abundant storage. Recent updates include modernized electric panels and updated furnaces, ensuring comfort and efficiency. While the wood exterior could use fresh paint, the property offers strong structural integrity and immediate income generation. Whether you're looking to continue as a fully rented investment property, explore short-term rental opportunities, or convert back to a spacious single-family home—this property is full of potential.
MLS® Number6252863
Laundry Level
Central VacNo
FireplaceNo
Acreage0.6
Exterior
GarageYes
Approx. Age1858
BasementUnfinished, Full
DrivewayAttached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Jul 3, 2025List Date
$149,900List Price
  • Commute

Commute

Starting Address
Destination Address
314 S Cedar St, Shelbyville, IL

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