Townhouse-Style Duplex with Long-Term
406-408 N County Road Mascoutah, IL 62258
For Sale
Under Contract
$245,000
MULTI_FAMILY - Other - Mascoutah, IL
Property Size1,560 SF
Lot Size0.21 Acres
Price / SF$157.05
Days on Market18
Property Features for 406-408 N County Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bathroom 5, Basement, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 6
- Parking
- 4
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Basement
- Crawl Space
- Standard status
- Active Under Contract
- APN
- 10-30.0-308-062
- Size
- 1,560 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6226
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1991
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Aluminum Siding
- Architectural style
- Other
Listing Agency:
Nester Realty
(618) 236-0400
Listed By:
Claire Leopold · License #471001999
(618) 567-4000
Added: Jul 6
Changed: Jul 22
Last Checked: Jul 23 at 4:06PM
MLS# 26022131
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This townhouse-style duplex at 406–408 N County Road is being offered for sale as a fully rented property with long-term tenants in place. The units are described as professionally managed and well maintained by the seller. The property totals 1,560 square feet and sits on a 0.21-acre lot.
Located in Mascoutah, IL (St. Clair County), the duplex represents a straightforward residential income setup for buyers seeking current rental occupancy.
The seller also owns two additional duplexes nearby and would like to sell them in a package, providing an opportunity to expand a multifamily portfolio through the same owner.
Located in Mascoutah, IL (St. Clair County), the duplex represents a straightforward residential income setup for buyers seeking current rental occupancy.
The seller also owns two additional duplexes nearby and would like to sell them in a package, providing an opportunity to expand a multifamily portfolio through the same owner.
Key Highlights
- Townhouse‑style duplex built in 1991 with multiple bedrooms and 6 bathrooms
- Fully rented with long‑term tenants (professionally managed)
- Public water supply; forced air heating with central air and ceiling fan(s)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.7k | $12.60 |
| − Vacancy | −$1.3k | −$0.82 |
| EGI | $18.4k | $11.78 |
| − OpEx | −$5.5k | −$3.53 |
| NOI | $12.9k | $8.25 |
1,560 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$183.8K
$160.8K – $214.4K
NOI $12,865 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$165.6K
$144.9K – $193.2K
NOI $11,589 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$369.3K
$323.2K – $430.9K
NOI $25,852 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Townhouse-style duplex at 406–408 N County Road, fully rented with long-term tenants and professional management.
Where is this duplex located?
The property is located at 406-408 N County Road Mascoutah, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Townhouse‑style duplex built in 1991 with multiple bedrooms and 6 bathrooms; Fully rented with long‑term tenants (professionally managed); Public water supply; forced air heating with central air and ceiling fan(s)
