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518 W Harris Avenue, 
Greenville, IL 62246

$165,000


Bed


Bath


3,328

Sq Ft


Multi-Family

Active

Listed by

Noel Harnetiaux

Bond County Realtors

Last updated:

March 6, 2026, 04:00 PM

MLS#

26009661

Source:

MO MARIS

About This Home

518 W Harris Avenue

If you’re not afraid of a little grit and you know how to unlock potential, this four-unit property could be your next value-add win. The building features two 3 bed, 1 bath units and two 1 bed, 1 bath units. Three of the four apartments are considered livable, with projected monthly income between $2,000–$2,200 once stabilized. All three previously passed Occupancy Permit inspections at the time their last tenants moved in. Two units are currently tenant-occupied, with both tenants on month-to-month leases. One unit is vacant and close to rent-ready with some finishing touches. The fourth unit needs renovation and is not physically accessible for showings. Each apartment has separate electric and water meters, allowing tenants to pay their own utilities and keeping operating expenses more predictable. Details about each apartment: Unit A - 1 bedroom, 1 bath, 624 sq ft, ground floor. Currently vacant, market rental rate $500-600/month. Unit B - 3 bedroom, 1 bath, 1036 sq ft, 2nd floor with private deck. Currently rented below market rental rate for $700/month. Unit C - 1bedroom, 1 bath, 600 sq ft, 2nd floor. In need of repairs and updating, only accessible by exterior stairs, which are currently not in place. Market rental rate $500-600/month. Unit D - 3 bedroom, 1 bath, 992 sq ft, ground floor. Currently rented at market rental rate, $800/month. Let’s be clear: this property is not glamorous. It needs cleaning, cosmetic updates, and hands-on ownership. Fresh paint, new flooring, and general improvements could significantly increase both appeal and cash flow. For the right buyer with vision and a plan, this could become a solid addition to an investment portfolio. Bring your contractor, your creativity, and your calculator.

Home Facts

Multi-Family

Built in 1986

Price Summary

165,000

$49 per Sq. Ft.

MLS #:

26009661

Last Updated:

March 6, 2026, 04:00 PM


Rooms & Interior

Interior

Living Area:

3,328 Sq. Ft.


Structure

Structure

Building Area:

3,328 Sq. Ft.

Year Built:

1986


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$165,000

Price per Sq. Ft:

$49 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.