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Two-Unit Duplex Property
For Sale
$119,000

504 MARSH Avenue, Alton, IL 62002

Residential Income, Alton, IL

Property SizeContact for details
Days on Market48

Property Features for 504 MARSH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Off Street
Appliances Electric Water Heater
Subdivision NOT IN A SUBDIVISION
Elementary school ALTON DIST 11
Middle school ALTON DIST 11
High school Alton
Elementary school district Alton DIST 11
Middle school district Alton DIST 11
High school district Alton DIST 11
Standard status Active
APN 23-2-08-18-07-201-029

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2748

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2001
Number of units 2
Building materials Vinyl Siding
Listing Agency: Landmark Realty
Listed By: Matt Horn · License #2023007773
Added: Jul 22 Changed: Sep 4 Last Checked: Sep 7 at 4:06PM
MLS# 26038290

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.

Built in 2001, this two-unit duplex includes the properties at 504 and 506 Marsh Avenue in Alton, Illinois. The building has vinyl siding, central air conditioning, forced-air heating, and an electric water heater, with natural gas and public water service. Off-street parking is provided.

Recent property updates include new roof shingles and a new water heater, while the HVAC system is described as newer. The property is occupied by long-time tenants and is offered in very good condition. Each unit is identified as having two bedrooms, providing a straightforward residential income configuration within the Madison County market.

Key Highlights

  • Two‑unit duplex at 504 and 506 Marsh Avenue in Alton, IL 62002
  • Built in 2001 with vinyl siding
  • New roof shingles and new electric water heater

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Law Firm (Bike/Boat/Book/etc) Store Nail Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Vinyl-sided duplex with central air, forced-air heating, and off-street parking.
Where is this duplex located?
The property is located at 504 MARSH Avenue Alton, IL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Two‑unit duplex at 504 and 506 Marsh Avenue in Alton, IL 62002; Built in 2001 with vinyl siding; New roof shingles and new electric water heater
More about this property
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