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502 E Harding Dr, Urbana, IL, 61801

5beds
3baths
1,798sqft
$289,900
$161price/sqft
$2,330/moest. monthly cost
$93,200/yrincome needed

About This Home

FOR SALE — INVESTOR PROPERTY - Turnkey 5BR/3BA Student Rental Near UI Vet School | High-Demand, Low-Vacancy -Rare opportunity to acquire a fully-rented, furnished, 5-bedroom, 3-bath student rental in Urbana, IL, located minutes from the UI Vet School — one of the most stable and reliable tenant pools in the region. This property has a long history of renting to Grad and Vet students who stay multiple years, creating consistent cash flow and minimal turnover. PROPERTY FEATURES: 5 true bedrooms 3 full bathrooms Finished basement with 2 bedrooms + living area, second kitchenette and laundry area Corner lot with fenced yard and patio Garage + driveway parking Washer/dryer included Strong rental history with Grad and Vet students Easy to rent year after year INVESTMENT HIGHLIGHTS Historically low vacancy High demand from Grad and Vet students (stable, long-term tenants) Turnkey setup for multi-tenant living Ideal for out-of-state or hands-off investors Perfect for parents wanting housing for their Vet student while renting the other rooms Financials, rent roll, and pro forma available upon request

Getting Around

26
WalkingCar-Dependent
45
TransitSome Transit
66
BikeBikeable

Schools

5/10
Leal Elementary SchoolGrades K-51.1 mi
3/10
Urbana Middle SchoolGrades 6-80.7 mi
2/10
Urbana High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1956

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,798 sqft

Property

Details

  • Parcel number: 932120280003

Features

  • Exterior features: Other

Lot

  • Lot size: 10,454 sqft

Parking

  • Total spaces: 7
  • Parking features: Garage - Attached,Off-street,On-street