UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,442 sqft
Price per Sqft $67
Subdivision Oaknoll Anx
MLS Listing ID 26043344
Style Traditional
Year Built 1925
Annual Tax Amount $2,572
Lot Size 7,775 Sqft
Acres 0.1785
Property Sub-Type 2-4 Units
Property Description
This 2,442-square-foot quadplex features four 1-bedroom, 1-bathroom apartments, each offering a spacious bedroom and functional floor plan that appeals to long-term tenants.
A major advantage is that one unit is currently vacant, allowing an owner-occupant to move in and significantly offset their housing expenses while building equity—or lease it immediately to maximize cash flow.
Property Highlights
• Quadplex with 4 total units
• Each unit: 1 bedroom, 1 bathroom
• 2,442 total square feet
• Large bedrooms in every apartment
• One vacant unit—ideal for owner-occupants or immediate leasing
• Excellent opportunity for both new and experienced investors
• Strong rental demand in a desirable location
Prime Location
Conveniently situated just:
• 1 mile from the SIU School of Dental Medicine, providing consistent rental demand from students, faculty, and staff.
• 1 block from Alton Memorial Hospital, making it an attractive option for healthcare professionals and hospital employees.
• Minutes from historic downtown Alton's shopping, dining, entertainment, and riverfront attractions.
Whether you're looking to expand your investment portfolio or take advantage of the benefits of house hacking, 1238 Brown St offers location, flexibility, and long-term income potential in one attractive package.
Schedule your private showing today and discover the possibilities this income-producing property has to offer!
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Water Heater
Exterior
Parking Features false
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Story 2
Water Public
Level or Stories Two
Structure Type Unknown
Schools
Elementary Schools Alton Dist 11
Middle Schools Alton Dist 11
High Schools Alton
School District Alton Dist 11
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is
NEARBY SCHOOLS & PROPERTIES
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