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1620 W Fredonia Avenue, Peoria, IL 61606

$168,000

1,648 sq ft
MLS# 1262378
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PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income.

Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.

Property Details

City
Peoria
County
Peoria
Subdivision
Callender & Ayres
Schools
  • Manual
Type
Residential Income
Garage
  • Detached
New Construction
No
Square Ft.
1,648
Acres
0.15
Apx Lot Size
50X132
Year Built
1924

Features

Roofing
  • Shingle
Garage/Parking
  • Detached
Basement
  • Full
Heating/Cooling
  • Baseboard
  • Electric
  • Natural Gas
  • Hot Water
  • Radiant
  • Gas Water Heater
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Alley Paved
  • Paved
Laundry Facilities
  • Owned Equipment

Financials

2024 Taxes
3404
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Adam Merrick Real Estate, Adam Merrick, as of 11/14/2025 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.