Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!
Closed
Listing Provided by:
Jan V Fiss 618-960-6486,
Nester Realty
Bought with: Nester Realty
$532,500
1612 California Ave, Collinsville, IL 62234
5beds
4baths
6,620sqft
Multi Family
Built in 1950
-- sqft lot
$530,500 Zestimate®
$80/sqft
$1,586 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 15, 2025 at 09:51am
Listing Provided by:
Jan V Fiss 618-960-6486,
Nester Realty
Bought with:
Jan V Fiss, 475146875
Nester Realty
Source: MARIS,MLS#: 25020580
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,620
- Total interior livable area: 6,620 sqft
- Finished area above ground: 6,620
Property
Parking
- Parking features: Unassigned
Lot
- Size: 1.35 Acres
Details
- Parcel number: 132212602201002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collinsville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan,Other
- Ownership: Private
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$530,500
2% more+$10,610
With Zillow Showcase(estimated)$541,110