Four-Unit Apartment
For Sale
$165,000
Pending
1238 Brown Street, Alton, IL 62002
One apartment is vacant, creating immediate flexibility for an owner-occupant or new lease placement.
Property Size2,442 SF
Days on Market47
Property Features for 1238 Brown Street
General Information
Standard status
Pending
Size
2,442 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,572
Building Details
Building Size
2,442 SF
Year Built
1925
Buildings
1
Stories
2
Units
4
Listing Agency:
Landmark Realty
(314) 441-4444
Listed By:
Jenny Wisniewski
Source:
Powerhausrealty
Added: Jul 14
Changed: Aug 28
Last Checked: Aug 25 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Realty
Investment Insights
Based on property information with market context.
This 2,442-square-foot apartment property contains four 1-bedroom, 1-bathroom units, with spacious bedrooms and functional layouts throughout. Built in 1925, the building includes one vacant apartment that can accommodate an owner-occupant or be offered for lease while the remaining units support ongoing occupancy.
The property is located at 1238 Brown St in Alton, 1 mile from the SIU School of Dental Medicine and 1 block from Alton Memorial Hospital. Historic downtown Alton, including its shopping, dining, entertainment, and riverfront attractions, is minutes away. The unit configuration and nearby institutional destinations provide a straightforward multifamily profile for investors evaluating an established four-unit building.
The property is located at 1238 Brown St in Alton, 1 mile from the SIU School of Dental Medicine and 1 block from Alton Memorial Hospital. Historic downtown Alton, including its shopping, dining, entertainment, and riverfront attractions, is minutes away. The unit configuration and nearby institutional destinations provide a straightforward multifamily profile for investors evaluating an established four-unit building.
Key Highlights
- Four‑unit apartment building totaling 2,442 square feet
- Four 1‑bedroom, 1‑bathroom apartments
- One unit is currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Explore this area
Business Placement
Demographics for 62002, IL
30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - One apartment is vacant, creating immediate flexibility for an owner-occupant or new lease placement.
Where is this quadplex located?
The property is located at 1238 Brown Street Alton, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Four‑unit apartment building totaling 2,442 square feet; Four 1‑bedroom, 1‑bathroom apartments; One unit is currently vacant
