Four-Unit Residential Income
427 East Drive Marissa, IL 62257
For Sale
$155,000
MULTI_FAMILY - Marissa, IL
Days on Market67
Property Features for 427 East Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Dining Room
- Parking features
- Parking Lot, Assigned
- Window features
- Double Pane Windows, Screens
- Interior features
- Kitchen/Dining Room Combo, Shower, Tub
- Exterior features
- Awning(s), Courtyard
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 21-27.0-202-009
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2312
Utilities
- Utilities
- Cable Available
- Heating system
- Baseboard
- Cooling system
- Window Unit(s), Wall/Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1970
- Flooring type
- Carpet, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing Agency:
Coldwell Banker Brown Realtors
(618) 235-7992
Listed By:
Annette Wendler · License #471020402
(618) 692-7290
Added: May 21
Changed: Jul 21
Last Checked: Jul 26 at 8:06AM
MLS# 25056756
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Investment Insights
Based on property information with market context.
This offering is a four-unit residential property with four separate two-bedroom, one-bath apartments. The building is positioned as an income-oriented asset or as a home base depending on how the units are occupied. Each unit’s layout supports straightforward day-to-day living with defined bedroom and bathroom space.
The property is located at 427 East Drive in Marissa, Illinois (St. Clair County). Addressing and unit configuration are straightforward for prospective occupants and operators considering multi-unit ownership in the area.
For tenants, this setup can appeal to households looking for a dedicated two-bedroom plan within a multi-unit building. For buyers, the four-unit structure provides multiple ways to approach occupancy, including keeping one unit for personal use while renting the others. If you’re looking for a small-scale, manageable residential income property, this four-unit configuration is designed to support either investment occupancy or owner-occupied use.
The property is located at 427 East Drive in Marissa, Illinois (St. Clair County). Addressing and unit configuration are straightforward for prospective occupants and operators considering multi-unit ownership in the area.
For tenants, this setup can appeal to households looking for a dedicated two-bedroom plan within a multi-unit building. For buyers, the four-unit structure provides multiple ways to approach occupancy, including keeping one unit for personal use while renting the others. If you’re looking for a small-scale, manageable residential income property, this four-unit configuration is designed to support either investment occupancy or owner-occupied use.
Key Highlights
- Four 2‑bedroom / 1‑bath units
- Kitchen/dining room combo in interior layout
- Heating includes baseboard heat; cooling via window and wall/window unit(s)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four two-bedroom, one-bath units offer flexible options for investors or owner-occupancy under one roof.
Where is this quadplex located?
The property is located at 427 East Drive Marissa, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Four 2‑bedroom / 1‑bath units; Kitchen/dining room combo in interior layout; Heating includes baseboard heat; cooling via window and wall/window unit(s)
