328 N 18th St

Property Overview:

Type: Single Family Home
Size: Approx. 800–900 sqft
Bedrooms: 2
Bathrooms: 1
Status: Vacant – Ready for Cleanup
Purchase Price: $28,000

Property Highlights:
All mechanics fully functional — plumbing, electrical, and HVAC in working condition
Minimal repairs needed — just a light cleanup quoted at only $200
Move-in ready condition after cleaning
Located in a quiet residential area of Decatur, close to schools, shops, and parks
Great opportunity for buy-and-hold investors or beginner landlords looking for low-entry rentals
Low holding costs and taxes make this an ideal cash-flow property

Repairs Needed:
Light cleanup only (trash-out and basic cosmetics)
No heavy rehab or major system repairs required
Estimated Cleanout Cost: ~$200
Investment Potential:
ARV (After Repair Value): $45,000–$50,000
Estimated Rent: $750–$850/month
Strong ROI potential with minimal upfront investment
Investor Summary:
This off-market Decatur property is a great entry-level rental or quick flip with minimal effort required. With all mechanics working and only a small cleanup needed, you can get tenants in fast and start generating income immediately. Perfect for investors seeking affordable, low-risk properties in Central Illinois.