2505 Pine Ave Mattoon, IL 61938
Estimated payment $13,429/month
About This Home
This is a portfolio sale that covers 13 parcels across Mattoon and Charleston with a mix of multifamily and single-family rentals. The package includes 22 multifamily units across two addresses plus 11 single-family homes ranging from duplexes to 3-, 4-, 5-, and 6-bedroom properties. All units are currently tenant-occupied and producing income, delivering an in-place 10 cap.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,655
Year Built
- Built in 1975
Lot Details
- Lot Dimensions are 300 x 100
- Additional Parcels
Home Design
- Rooming House
Interior Spaces
- 2-Story Property
Community Details
- 13 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2025 11/08/25 | Price Changed | $2,275,000 | -12.2% | -- |
| 08/26/2025 08/26/25 | For Sale | $2,590,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12459016
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
- 2516 Pine Ave
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- 113 S 25th St
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- 16 W Harrison Ave
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- 950 4th St
- 617 4th St Unit 2
- 1305 4th St
- 1132-1142 6th St
- 1408-1416 6th St
- 1627 7th St
- 820 W Lincoln Ave Unit 6
- 1520 9th St Unit 2
Ask me questions while you tour the home.