Rent report generated Dec 13, 2024
The Rent Potential of
4011 N Ashton Ave Peoria, IL
is $800 – $2,350/mo.
Rent Advice
The property at 4011 N Ashton Ave, Peoria, IL, with its 2-bedroom, 1-bathroom configuration and 1,088 sqft of living space, can generate rental income ranging from $800 to $2,350 monthly, based on local comps. The neighborhood's stable market conditions and recent property updates, including a remodeled bathroom and new siding, add to its appeal. However, being a single-family residence limits multi-family revenue potential. The full basement offers additional storage or entertainment space, enhancing rental attractiveness.
To boost rental income, consider modernizing the interior with energy-efficient appliances and smart home features, appealing to tech-savvy tenants. If the owner plans to sell, highlighting the recent updates and potential rental income can attract investors. Enhancing curb appeal with landscaping could also increase property value. Given current market conditions, holding the property for a few more years could yield a higher sale price.
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