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1519 ILLINOIS AVENUE

Multi-family Active With Contract
$265,000

BTC: 4.12290937

ETH: 139.28015810

-$50K (2026/06/11)
165 days
4 bds
1,456 sqft

Overview

Under contract-accepting backup offers. Turnkey income-producing opportunity! This fully leased 4-bedroom, 4-bath investment property is generating immediate rental income from day one, making it an excellent addition to any investor's portfolio. The unique four-bedroom/four-bath layout offers strong rental appeal while helping maximize occupancy and long-term cash flow. Situated on a generous lot in the growing St. Cloud market, this property is conveniently located near shopping, dining, schools, major roadways, and area employers. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire a performing asset with income already in place. Tenant occupied—showings by appointment only. PLEASE READ ALL REALTOR REMARKS BEFORE REQUESTING A SHOWING!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1920
Lot:
0.33 Acres
Heating:
Central
Price/sqft:
$182
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$2,550
2024
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Awning(s) / Balcony

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 012630000102980130

    • Zoning: SR2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $2,551

  • Source details

    • MLS ID: O6358436

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Living Area: 1456

    • Water Source: Public

    • Lot Size Dimensions: 95 x 150

    • Subdivision Name: ST CLOUD 2ND TOWN OF

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: THE PROPERTY PROS REAL ESTATE, INC