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Two-Unit Duplex with Parking
For Sale
$129,900

517 Mascoutah Avenue, Belleville, IL 62220

Historic residential income property with recent flooring, furnace, driveway, and drainage improvements.

Property Size1,813 SF
Days on Market13

Property Features for 517 Mascoutah Avenue

General Information

Standard status Active
Size 1,813 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,770

Building Details

Building Size 1,813 SF
Year Built 1887
Buildings 1
Units 2
Listing Agency: Re/Max Signature Properties
Listed By: Lacey Dore · License #475128953
Source: Century21laclede
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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 Re/Max Signature Properties

Investment Insights

Based on property information with market context.

Built in 1887, this duplex at 517 Mascoutah Avenue in Belleville, Illinois, contains two residential units with a two-bedroom, one-bath layout in each. Off-street parking serves the property, and some flooring has been updated.

Unit A has a furnace installed in 2023. Recent work also addressed the driveway and yard drainage. Tenants are responsible for all utilities, while ownership handles lawn care and property management. Unit B can be used by an owner occupant or offered for rental, subject to tenant rights.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bath in each unit
  • Built in 1887 with some newer flooring
  • Unit A furnace installed in 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon

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

719
Businesses Nearby

Demographics for 62220, IL

19,474
Population
8,784
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
28.9 sq mi
ZIP Area
674
Density / Sq Mi
$65,261
Median Household Income
$37,105
Median Earnings
$976
Median Rent
$141,300
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 - Historic residential income property with recent flooring, furnace, driveway, and drainage improvements.
Where is this duplex located?
The property is located at 517 Mascoutah Avenue Belleville, IL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bath in each unit; Built in 1887 with some newer flooring; Unit A furnace installed in 2023
More about this property
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