Real Estate Investment Properties for Sale in Effingham, IL

Looking for investment property in Effingham, IL with high ROI ?

Explore a variety of short-term homes & houses in Effingham, IL. Invest wisely with VRBO & Effingham, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Effingham, IL

Search for Multi Family for Sale in Effingham, Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 1 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
702 W Fayette Ave Effingham, IL 702 W Fayette Ave, Effingham, IL 62401 \| Multi Family	N/A beds \| N/A baths \| 0 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $953 Airbnb ROI: N/A Traditional ROI: 1.8%
Other Investment Properties for Sale in Effingham
104 S Willow St Effingham , IL Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 1 baths \| 1,995 sq.ft.	$145,999	Airbnb cash on cash: 5.39% Traditional cash on cash: 9.41% Airbnb Rental Income: $1641 Traditional Rental Income: $1741 Airbnb ROI: 5.39% Traditional ROI: 9.41%
14326 E Persimmon Ave Effingham , IL 14326 E Persimmon Ave, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 2,000 sq.ft.	$278,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.24% Airbnb Rental Income: $1641 Traditional Rental Income: $2321 Airbnb ROI: 0.89% Traditional ROI: 5.24%
505 W Evergreen Ave Effingham , IL 505 W Evergreen Ave, Effingham, IL 62401 \| Single Family Residential	4 beds \| 2 baths \| 3,635 sq.ft.	$325,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 4.12% Airbnb Rental Income: $1089 Traditional Rental Income: $2344 Airbnb ROI: -1.2% Traditional ROI: 4.12%
907 Ealy St Effingham , IL 907 Ealy St, Effingham, IL 62401 \| Single Family Residential	3 beds \| 1 baths \| 1,896 sq.ft.	$219,500	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.6% Airbnb Rental Income: $1641 Traditional Rental Income: $1720 Airbnb ROI: 1.99% Traditional ROI: 4.6%
1105 Merchant St Effingham , IL 1105 Merchant St, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 1,296 sq.ft.	$159,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 8.68% Airbnb Rental Income: $1641 Traditional Rental Income: $1910 Airbnb ROI: 3.89% Traditional ROI: 8.68%
9284 E Court Eleven Effingham , IL 9284 E Court Eleven, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 5,500 sq.ft.	$1,999,900	Airbnb cash on cash: -2.92% Traditional cash on cash: -1.75% Airbnb Rental Income: $1089 Traditional Rental Income: $2898 Airbnb ROI: -2.92% Traditional ROI: -1.75%
406 W Kentucky Ave Effingham , IL 406 W Kentucky Ave, Effingham, IL 62401 \| Single Family Residential	3 beds \| 3 baths \| 3,492 sq.ft.	$345,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.91% Airbnb Rental Income: $1641 Traditional Rental Income: $2741 Airbnb ROI: 0.1% Traditional ROI: 4.91%
506 Bent Tree Dr Effingham , IL 506 Bent Tree Dr, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 3,418 sq.ft.	$349,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.65% Airbnb Rental Income: $1641 Traditional Rental Income: $2079 Airbnb ROI: -0.02% Traditional ROI: 2.65%
9219 E Best Ct Effingham , IL 9219 E Best Ct, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 2,860 sq.ft.	$1,950,000	Airbnb cash on cash: -2.92% Traditional cash on cash: -1.58% Airbnb Rental Income: $1089 Traditional Rental Income: $3137 Airbnb ROI: -2.92% Traditional ROI: -1.58%
2310 Raney St Effingham , IL 2310 Raney St, Effingham, IL 62401 \| Single Family Residential	5 beds \| 3 baths \| 4,268 sq.ft.	$449,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.1% Airbnb Rental Income: $3288 Traditional Rental Income: $3180 Airbnb ROI: 2.6% Traditional ROI: 4.1%
504 A&B E Hendelmeyer Ave #B Effingham , IL 504 A&B E Hendelmeyer Ave #B, Effingham, IL 62401 \| Single Family Residential	2 beds \| 1 baths \| 916 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $1395 Airbnb ROI: N/A Traditional ROI: 1.88%
11154 E Ravenwood Ct Effingham , IL 11154 E Ravenwood Ct, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 4,797 sq.ft.	$619,900	Airbnb cash on cash: -2.19% Traditional cash on cash: 1.68% Airbnb Rental Income: $1089 Traditional Rental Income: $2994 Airbnb ROI: -2.19% Traditional ROI: 1.68%
805 N Glenwood St Effingham , IL 805 N Glenwood St, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 3,276 sq.ft.	$352,900	Airbnb cash on cash: -1.36% Traditional cash on cash: 5.44% Airbnb Rental Income: $1089 Traditional Rental Income: $2972 Airbnb ROI: -1.36% Traditional ROI: 5.44%
11107 E Cambridge Ln Effingham , IL 11107 E Cambridge Ln, Effingham, IL 62401 \| Single Family Residential	8 beds \| 4 baths \| 7,879 sq.ft.	$989,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.22% Airbnb Rental Income: $3288 Traditional Rental Income: $3300 Airbnb ROI: -0.59% Traditional ROI: 0.22%

Your search for investment property begins and ends here

Multi Family for Sale in Effingham, IL

702 W Fayette Ave

Effingham, IL

N/A beds | N/A baths | 0 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.8%

Airbnb Rental Income: $null

Traditional Rental Income: $953

Airbnb ROI: N/A

Traditional ROI: 1.8%

Other Investment Properties for Sale in Effingham

Effingham , IL

3 beds | 1 baths | 1,995 sq.ft.

$145,999

Airbnb cash on cash: 5.39%

Traditional cash on cash: 9.41%

Airbnb Rental Income: $1641

Traditional Rental Income: $1741

Airbnb ROI: 5.39%

Traditional ROI: 9.41%

Effingham , IL

3 beds | 2 baths | 2,000 sq.ft.

$278,900

Airbnb cash on cash: 0.89%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1641

Traditional Rental Income: $2321

Airbnb ROI: 0.89%

Traditional ROI: 5.24%

Effingham , IL

4 beds | 2 baths | 3,635 sq.ft.

$325,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: 4.12%

Airbnb Rental Income: $1089

Traditional Rental Income: $2344

Airbnb ROI: -1.2%

Traditional ROI: 4.12%

Effingham , IL

3 beds | 1 baths | 1,896 sq.ft.

$219,500

Airbnb cash on cash: 1.99%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $1641

Traditional Rental Income: $1720

Airbnb ROI: 1.99%

Traditional ROI: 4.6%

Effingham , IL

3 beds | 2 baths | 1,296 sq.ft.

$159,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 8.68%

Airbnb Rental Income: $1641

Traditional Rental Income: $1910

Airbnb ROI: 3.89%

Traditional ROI: 8.68%

Effingham , IL

4 beds | 3 baths | 5,500 sq.ft.

$1,999,900

Airbnb cash on cash: -2.92%

Traditional cash on cash: -1.75%

Airbnb Rental Income: $1089

Traditional Rental Income: $2898

Airbnb ROI: -2.92%

Traditional ROI: -1.75%

Effingham , IL

3 beds | 3 baths | 3,492 sq.ft.

$345,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1641

Traditional Rental Income: $2741

Airbnb ROI: 0.1%

Traditional ROI: 4.91%

Effingham , IL

3 beds | 2 baths | 3,418 sq.ft.

$349,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 2.65%