For sale Home

Listed Oct 7, 2026

$59,900 Est. $396/mo

314 East Archer Avenue

  • 3

    Beds

  • 1

    Baths

  • 982

    Sq ft

The story

  • Basement

**Investor Alert - This Beautifully Remodeled Home Is Ready to Generate Income!** Here's your chance to snag a turnkey investment property with a proven rental history of $1260/ month. This charming 3 bedroom home has remodeled interior that is sure to please! Step inside and you'll immediately notice the brand-new luxury vinyl plank flooring and fresh paint flowing throughout the main floor, creating a clean, modern aesthetic. The living room features an arched opening that leads into a generously sized dining room, both adorned with classic crown molding that adds a touch of sophistication. The kitchen and bathroom have been completely renovated, offering a fresh feel that tenants will love. The primary bedroom offers a decorative fireplace that serves as a focal point, while new drywall with knockdown texture gives every room a polished finish. New interior doors and light fixtures as well. Downstairs, you'll find laundry hookups and a basement accessible through cellar doors off the back of the home as well as from the kitchen-offering flexible storage and utility space. Practical upgrades include a new gas water heater and several updated water lines. Outside, a covered front porch provides the perfect spot to unwind after a long day. With immediate possession available, convenient access to public transit and nearby schools, this property is move-in ready. Schedule your private showing today! Home to be sold as is.

Facts & features

Home type

Home

Year built

1900

Price per sq ft

$61

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Heating

    Natural Gas, Forced Air

  • Appliances

    Gas Water Heater

  • Roof

    Shingle

  • Lot Information

    Level

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$396 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $319
  • Property tax $60
  • Insurance $17

Includes principal, interest, taxes & insurance.

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Listing Broker

RE/MAX Traders Unlimited

Broker Name

RE/MAX Traders Unlimited

Agent

Michelle Largent

Location

Peoria IL 61603