Seller's Agent in 2026
Doug Payne
Southern Illinois Realty, LLC
(618) 233-1101
121 Total Sales
Estimated Value: $272,292
Turnkey Income Property – Townhouse Duplex Investment
Excellent opportunity to acquire a fully leased townhouse-style duplex in O'Fallon, one of the most desirable and fastest-growing communities in the Metro East region. Conveniently located within walking distance of the local sports complex, this property offers both strong tenant appeal and consistent rental demand.
Each unit features a spacious and functional floor plan designed for comfortable everyday living. The main level includes a generous living room and a separate family room highlighted by a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The eat-in kitchen is equipped with a refrigerator, electric range/oven, and dishwasher, and provides easy access to a private patio through sliding glass doors, perfect for outdoor relaxation.
Additional main-level conveniences include a powder room and laundry closet with washer and dryer hookups.
The upper level offers two oversized bedrooms and a full bath, providing ample space and privacy for tenants.
Interior finishes include luxury vinyl plank flooring in the living and family rooms, ceramic tile in the kitchen, laundry, and bathrooms, and carpeting in the bedrooms.
This property has benefited from significant exterior improvements completed in 2023, including a new roof, new siding, new upstairs windows, and new sliding patio doors, helping to minimize future maintenance expenses.
Ideally situated within the highly desirable O'Fallon Township High School District 203, widely recognized as one of the top-performing school districts in the Metro East area, the property continues to attract strong tenant interest.
Investment Highlights
• Asking Price: $275,000
• Monthly Rental Income: $2,450
• Annual Gross Income: $29,400
• Annual Property Taxes: $3,866
• Net Annual Income: $25,424
• Approximate 9%+ Cap Rate
Both units are currently leased with tenants in good standing, offering investors an immediate turnkey cash-flowing opportunity.
This property presents an excellent addition to any rental portfolio or long-term investment strategy in the thriving O'Fallon market.
Last Agent to Sell the Property
Southern Illinois Realty, LLC License #471005505 Listed on: 03/14/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Town & Country Title | ||
| $270,000 | Town & Country Title | ||
| -- | None Available | ||
| $145,000 | Town & Country Title Co | ||
| $172,500 | Pti | ||
| $159,000 | Pti |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $216,000 | ||
| Previous Owner | $136,000 | ||
| Previous Owner | $108,750 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $138,000 | ||
| Previous Owner | $293,400 | ||
| Previous Owner | $86,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | Sold | $270,000 | -1.8% | $216 / Sq Ft |
| 03/16/2026 03/16/26 | Pending | -- | -- | -- |
| 03/14/2026 03/14/26 | For Sale | $275,000 | -- | $220 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,866 | $52,246 | $9,113 | $43,133 |
| 2023 | $3,570 | $46,371 | $8,088 | $38,283 |
| 2022 | $3,379 | $42,632 | $7,436 | $35,196 |
| 2021 | $3,319 | $41,089 | $7,461 | $33,628 |
| 2020 | $3,296 | $38,894 | $7,062 | $31,832 |
| 2019 | $3,228 | $38,894 | $7,062 | $31,832 |
| 2018 | $3,146 | $37,765 | $6,857 | $30,908 |
| 2017 | $3,504 | $40,543 | $7,150 | $33,393 |
| 2016 | $3,494 | $39,597 | $6,983 | $32,614 |
| 2014 | $3,238 | $39,139 | $6,902 | $32,237 |
| 2013 | $3,991 | $38,539 | $6,796 | $31,743 |
Seller's Agent in 2026
Doug Payne
Southern Illinois Realty, LLC
(618) 233-1101
121 Total Sales
Seller Co-Listing Agent in 2026
Judy Ross
Southern Illinois Realty, LLC
(618) 789-4379
116 Total Sales
J
Buyer's Agent in 2026
Jan Fiss
Nester Realty
(618) 624-0400
74 Total Sales
Source: MARIS MLS
MLS Number: MIS26014707
APN: 04-30.0-305-010
Ask me questions while you tour the home.