Residential Income for Sale: 105 Timberlake, Damiansville, IL 62215

$329,000
$329,000
105 Timberlake, Damiansville, IL 62215
$329,000
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Price:
$329,000

Type Residential Income
Total Living Area 2,300 sqft
Garage Spaces 2
Lot Size 0.29 acres
Year Built 2003
Taxes Paid $4,588

City Damiansville
County Clinton
School District DAMIANSVILLE DIST 62
Subdivision Hilltop Acres

MLS 26049411
Status Active Under Contract
DOM 65 days
Outstanding investment opportunity in Damiansville, Illinois — 105 & 107 Timberlake Drive delivers immediate, day-one cash flow in a quiet, established community just minutes from Breese and the I-64 corridor. This meticulously maintained duplex features two spacious 2-bedroom, 2-bathroom units, each with a partially finished basement — providing tenants with valuable extra living and storage space that sets this property apart from typical rental inventory and fuels long-term occupancy. This property has never had a vacancy. Zero. The owner's commitment to maintenance, management, and tenant relationships speaks for itself — and it shows in the numbers. Both units are currently occupied at rents that are meaningfully below today's market rate, with comparable 2-bedroom, 2-bathroom units in the area leasing for $1,400/month. At current rents of $1,350 and $1,200/month, a buyer acquires immediate cash flow while sitting on significant upside — bringing both sides to market rate adds over $5,400/year in gross income at the next lease renewal. At the current asking price of $329,000 with in-place rents, the property produces a solid cap rate with strong DSCR that satisfies commercial lending requirements — and that story only gets better as rents normalize to market. The partially finished basements on each side represent an additional value-add opportunity for a buyer willing to invest modest finish dollars in exchange for a premium rent bump. Pride of ownership is evident throughout this property. If you are looking for a stabilized, low-maintenance, income-producing duplex in a growing Clinton County community with a proven track record and room to grow, 105 & 107 Timberlake Drive is exactly what you have been waiting for. Priced at $329,000. Do not disturb tenants — call the listing agent to schedule a showing.

Room Features

Basement Description Partially Finished

Lot & Building Features

Architecture Traditional
Construction Frame, Brick Veneer, Vinyl Siding
Cooling Central Air
Heating Forced Air
Parking Description Attached Carport, Concrete, Driveway
Tax Year 2024
Taxes Paid $4,588
Water Public

Community and Schools

Elementary School DAMIANSVILLE DIST 62
Junior High School DAMIANSVILLE DIST 62
Senior High School Breese

Price History of 105 Timberlake, Damiansville, IL

Date Name Price Difference
08/04/2026 Listing Price $329,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 105 Timberlake, Damiansville, IL

Location Map Street View
Photo of Shara Balotti, ASP, CRS, GRI
Direct: 314-503-0622
Office
5285 Hwy N, Ste 104
St. Charles, MO 63304
636-400-7653
Listed by Real Broker LLC, Darin Revermann
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20%
1.3945288753799%
6.75%
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Monthly Taxes
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105 Timberlake (MLS #26049411) is a residential income listing located in Damiansville, IL. This is a residential income listing with a lot of 12,632 sqft (or 0.29 acres). This property was listed on 08/04/2026 and has been priced for sale at $329,000.

Nearby zip codes are 62245, 62265 and 62271. This property neighbors other cities such as Germantown, New Baden and Okawville.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Real Broker LLC

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