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501 W Columbia Terrace

Peoria, IL 61606
  • $380,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PA1263065
UPDATED: 32 min ago
$380,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

High School:

Description

HUGE ALL-BRICK TRIPLEX over 5000 finished sqft! Incredible investment opportunity offering three spacious 3-bedroom units, each approximately 1,600–1,700 sq ft. This solid brick property has been extensively updated, featuring a 2024 roof, 2024 furnaces and A/C units, newer electrical, one new water heater, new bathroom vanities, new washers and dryers, and multiple newer appliances. Main and lower unit have common laundry room. Upper level has laundry in unit. All units currently occupied. Each unit offers generous living space and functional layouts, making this property ideal for owner-occupants or investors alike. Don’t miss your chance to own this well-maintained, income-producing property with significant updates already completed!

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-23T17:44:49.297.
www.ashleycoker.com/homes/171696117
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501 W Columbia Terrace Peoria, IL 61606

  • Price: $380,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 32 min ago
  • ID#: PA1263065
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1930
Built
Neighborhood:
Wheeler
County:
Peoria
Area:
Paar Area
High School:
Peoria High
Property Description
HUGE ALL-BRICK TRIPLEX over 5000 finished sqft! Incredible investment opportunity offering three spacious 3-bedroom units, each approximately 1,600–1,700 sq ft. This solid brick property has been extensively updated, featuring a 2024 roof, 2024 furnaces and A/C units, newer electrical, one new water heater, new bathroom vanities, new washers and dryers, and multiple newer appliances. Main and lower unit have common laundry room. Upper level has laundry in unit. All units currently occupied. Each unit offers generous living space and functional layouts, making this property ideal for owner-occupants or investors alike. Don’t miss your chance to own this well-maintained, income-producing property with significant updates already completed!
Exterior Features

Construction Materials Brick Parking Features Attached Parking Total 2 Road Surface Type Paved Roof RubberShingle

Interior Features

Basement Finished Building Area Total 4900 Cooling Central Air Heating Forced Air Interior Features Cable Available Laundry Features Common AreaPrivate Number Of Central Air Units 2 Number Of Dishwashers 0 Number Of Dryers 3 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 3 Number Of Washers 3 Number Of Water Heaters 2 Numberof Refrigerators 3

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 53400 Gross Scheduled Income 53400 Insurance Expense 2828 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 1030x48x130x49 Manager On Site YN No Net Operating Income 42403 New Construction YN No Number Of Water Meters 1 Operating Expense 5828 Repossessed No Structure Type Triplex Tax Annual Amount 5169.32 Tax Legal Description WHEELER'S SUB NW 1/4 SEC 4-8-8E (96-09181) LOT 1 BLK 5 Tax Year 2024 Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Sarah Knickerbocker of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-23T17:44:49.297.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711