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Listed price in listed location currency (USD).
$85,000

000

MLS® 6255823

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $2,075
Days Active 2
Lot Size 
Approx. Age 1891
MLS® Number 6255823

Property Address: 1509 Lafayette Ave, Mattoon, IL, 61938-3913

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

Description

Investor’s Opportunity – Updated Tri-Plex with Major Renovations Complete! This tri-plex investment property offers an incredible opportunity for income generation with three distinct units — a spacious 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom unit. Each unit includes convenient washer and dryer hookups, appealing to long-term tenants and owner-occupants alike. One unit is fully finished, while the remaining two are under construction, allowing you to complete them to your own specifications and increase rental income potential. The heavy lifting has already been done — this property features a new roof, new windows, new heating and air systems, updated electrical, and new plumbing throughout. Perfect for investors looking for a project with strong upside potential, this property combines modern updates, multiple income streams, and tremendous long-term value.
MLS® Number6255823
Laundry Level
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age1891
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 26, 2025List Date
$85,000List Price
  • Commute

Commute

Starting Address
Destination Address
1509 Lafayette Ave, Mattoon, IL

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