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40 Queensway Dr, Belleville, IL, 62226

4beds
2baths
1,740sqft
$165,000
$95price/sqft
$1,405/moest. monthly cost
$56,200/yrincome needed

About This Home

Solid all-brick duplex opportunity in a prime Belleville location! Situated on a corner lot with attached carports, this well-maintained investment property offers strong rental appeal and reliable cash flow with local property management already in place. Each unit features a functional 2-bedroom floor plan with spacious family rooms, hardwood flooring, washer/dryer connections, and layouts tenants love for long-term living. Property is currently occupied with stable tenants in place, including one long-term Section 8 tenant at $725/month and one newer tenant at $905/month. Tenants are responsible for all utilities, keeping owner expenses minimal with only taxes, insurance, and seasonal lawn care (approximately $110/month in season). While interiors retain some original character, the property has been exceptionally cared for over the years and presents an excellent opportunity for investors seeking dependable income with future upside potential through cosmetic updates. Conveniently located near shopping, dining, schools, major roadways, and everyday amenities, this duplex checks the boxes for both tenant desirability and long-term portfolio performance. New Roof July 2023. Agent Owned

Getting Around

61
WalkingSomewhat Walkable
26
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Block
  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Gas Oven,Built-In Gas Range,Gas Water Heater
  • Laundry features: Laundry Room,Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,740

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,740
  • Total interior livable area: 1,740 sqft

Property

Details

  • Parcel number: 0808.0415006
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 9,147 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Covered,Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2