406-408 N County Road, Mascoutah, IL 62258
Traditional, 2-4 Units - Mascoutah, IL
- Added:
- Jun 3, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 406-408 N County Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Off Street
- Basement Y/N
- 1
- Standard status
- Active
- 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
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1991
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Aluminum Siding
- Architectural style
- New Traditional
Listing agent Claire Leopold License #471001999 (618) 530-5599
Listing office Nester Realty 12 East Main Street, Edwardsville, IL (618) 236-0400
Listing date Jun 3, 2026
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.
HighLights
- Fully rented duplex providing immediate rental income.
- Long‑term tenants already in place.
- Professionally managed and well‑maintained property.
- Townhouse‑style duplex in a desirable location in the heart of Mascoutah.
- Basement included.
- Option to purchase additional nearby duplexes as a package.
Overview
Located in Mascoutah, Illinois, the property sits on a 0.21-acre lot and includes 1,560 square feet of building area. The listing presents the duplex as part of a broader ownership footprint, with the seller also owning two additional duplexes nearby.
For buyers looking for a turn-key rental asset, the current fully rented status and long-term tenant occupancy are key considerations. The professionally managed operation may appeal to investors who want day-to-day oversight already in place. Additionally, the seller’s interest in selling the duplexes in a package can be relevant for buyers assembling a small multi-property portfolio, depending on their acquisition goals.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mascoutah
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.8176173
- Latitude
- 38.5008052
