Looking to level up your investment game? Check out this amazing south side 2-unit property that’s sure to add some serious value to your portfolio! This charming brick duplex is a gem, nestled on a corner lot and boasting two spacious fully rented units, plus a convenient detached 2-car garage. With a large basement for extra storage and recent updates including new water heaters, water lines, drain lines, and plumbing fixtures, not to mention upgraded furnaces and central air in both units, you’re getting a property that’s move-in ready and set to impress. What’s more, the main floor apartment got a complete remodel in 2023, while the upstairs unit received a stylish bathroom facelift – making this property not only a lucrative investment, but a visually appealing one too! The cherry on top? Long-term tenants and a solid revenue stream mean you can sit back and watch your investment flourish. Don’t miss out on this fantastic opportunity!
© Copyright 2026 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than Happel Inc., Realtors are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed.
The RMLS data on this page was last updated on Wednesday, January 7th, 2026.
Listed by: Happel, Inc., REALTORS 217-242-3371
Data services provided by IDX Broker
View full listing details | Price: | 159,900 |
| Address: | 1038 S 12th Street |
| City: | Quincy |
| County: | Adams |
| State: | Illinois |
| Zip Code: | 62301 |
| Subdivision: | None |
| MLS: | CA1039724 |
| Year Built: | 1892 |
| Square Feet: | 2,875 |
| Acres: | 0.21 |
| Lot Square Feet: | 0.21 acres |
| roof: | Other |
| cooling: | Central Air |
| heating: | Forced Air, Natural Gas, Other |
| taxYear: | 2024 |
| basement: | Finished |
| mlsStatus: | Pending (No Showings) |
| agentOwned: | no |
| directions: | Corner of 12th and Madison |
| highSchool: | Quincy School District #172 |
| lvtDateMLS: | 2025-10-07 |
| grossIncome: | 17700 |
| lotFeatures: | Corner Lot |
| repossessed: | no |
| saleRentMLS: | For Sale |
| waterSource: | Public |
| 100YearPlain: | No |
| mlsAreaMinor: | Quincy |
| parcelNumber: | 23-3-2103-000-00 |
| parkingTotal: | 2 |
| pricePerSqFt: | 55.62 |
| structureType: | Two or More Story |
| numberOfRanges: | 2 |
| laundryFeatures: | Units Hook-Ups |
| managerOnSiteYN: | no |
| parkingFeatures: | Detached |
| taxAnnualAmount: | 2357 |
| elementarySchool: | Denman |
| insuranceExpense: | 1300 |
| listingAgreement: | Exclusive Right To Sell |
| operatingExpense: | 2140 |
| taxExemptionsMLS: | None |
| firstPhotoAddDate: | 2025-10-08T01:20:04.1 |
| foundationDetails: | Stone |
| lotSizeDimensions: | 68 x 136.5 |
| newConstructionYN: | no |
| numberOfGasMeters: | 2 |
| seniorCommunityYN: | no |
| waterSewerExpense: | 840 |
| attributionContact: | Office: 217-224-8383 |
| disclosedShortSale: | N |
| netOperatingIncome: | 13203 |
| numberOfUnitsTotal: | 2 |
| agentRelatedToOwner: | no |
| listingContractDate: | 2025-10-05T00:00:00+00:00 |
| numberofWaterMeters: | 1 |
| taxLegalDescription: | LOT 20 BLK 27 BERRIAN SURVEY -EX N 120FT- LOTS 18 19 & 20 |
| grossScheduledIncome: | 17700 |
| numberOfHeatingUnits: | 2 |
| numberOfWaterHeaters: | 2 |
| constructionMaterials: | Brick, Wood Siding |
| numberofRefrigerators: | 2 |
| statusChangeTimestamp: | 2025-11-10T00:00:00+00:00 |
| addressSearchNumberMLS: | 1038 |
| interiorOrRoomFeatures: | Cable Available, High Speed Internet |
| numberOfElectricMeters: | 2 |
| numberOfCentralAirUnits: | 2 |
| listingVisibilityTypeMLS: | MLS Listing |
| operatingRecordingDevice: | None |
| agentIsDesignatedManagingBroker: | no |
