Investment opportunity in the heart of Highland! This two-family property features a spacious 3-bedroom unit ($1350 rent) and a separate 1-bedroom unit (rented for $800), offering flexibility for investors or owner-occupants looking to offset their mortgage with rental income. The property currently generates $25,800 in annual gross income. The water/sewer is included in rent for tenants as there is one water meter. The rest of utilities are covered by each tenant. Both units will be sold with its appliances, making the transition easy for the new owner and tenants. The basement provides two sets of washers and dryers, with a dedicated set available for each unit. Whether you’re adding to your rental portfolio or exploring multi-family ownership, this Highland property is well worth a look! Preapproval or proof of funds required to show as to not bother current tenants.
Status: Active · MLS# 26067275 · Listing Courtesy of Equity Realty Group, LLC, [email protected]
MORE, REALTORS® is a licensed brokerage that lists and sells homes across the two state St. Louis metro, and the agent who answers is one of ours, looking at this listing with you. The national sites are lead generation businesses: they refer your question to an agent at some other firm in exchange for a referral fee, commonly 30% to 40% of that agent's commission. Why that matters to what you pay
0 Bed
0 Bath
2,414 sq.ft
$0 per sq.ft
Apartment Style
$ 165,000
Active
0
26067275
0
0
2,414
None
Highland
Highland DIST 5
Madison-IL
Residential Income
Apartment Style
Residential Income
$4,702
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 705 Main Street, C, Highland, IL 62249 | 1/1 | 750 | $775 | $775 100% of ask |
Nov 2, 2026 |
| 360 Courtland Drive, Highland, IL 62249 | 3/3 | 1,440 | $295,000 | $303,500 102.9% of ask |
Oct 30, 2026 |
| 20 Glory Drive, Highland, IL 62249 | 3/3 | 1,984 | $475,000 | $460,000 96.8% of ask |
Oct 30, 2026 |
| 1324 Pine Street, Highland, IL 62249 | 2/1 | 860 | $155,000 | $155,000 100% of ask |
Oct 29, 2026 |
| 1409 Lemon Street, Highland, IL 62249 | 4/2 | 2,008 | $50,000 | $89,040 178.1% of ask |
Oct 29, 2026 |
| 13810 Klaus Lake Road, Highland, IL 62249 | 3/2 | 1,602 | $279,900 | $270,000 96.5% of ask |
Oct 29, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Prefilled with the national 30 year fixed average, 7.24% as of Oct 29, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.