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Duplex with New HVAC Systems
For Sale
$120,000

613 Reed Dr, East Alton, IL 62024

Two three-bedroom residences feature central heating and air conditioning with separately paid utilities.

Property Size1,625 SF
Price / SF$73.85
Days on Market69

Property Features for 613 Reed Dr

General Information

Standard status Active
Size 1,625 SF
Property subtype Residential Income

Units

Unit Mix 3BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,764

Amenities

central heat and air
Listing Agency: QDM Real Estate, LLC
Listed By: Rob Shipley · License #471021523
Source: Exprealty
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 31 at 7:22PM

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 QDM Real Estate, LLC

Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom, one-bath residences. Recent rehabilitation work has been completed, and both units are equipped with new HVAC systems serving central heating and air conditioning.

The property is located at 613 Reed Dr in East Alton, Illinois, approximately 30 minutes from St. Louis International Airport. Tenants are responsible for all utilities, supporting a straightforward operating structure.

Key Highlights

  • Two‑unit duplex with 3‑bedroom, 1‑bath layouts
  • Recent rehabilitation work completed
  • New HVAC units provide central heat and air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 62024, IL

9,337
Population
4,719
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
1,729
Density / Sq Mi
$60,775
Median Household Income
$43,330
Median Earnings
$851
Median Rent
$112,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two three-bedroom residences feature central heating and air conditioning with separately paid utilities.
Where is this duplex located?
The property is located at 613 Reed Dr East Alton, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 1‑bath layouts; Recent rehabilitation work completed; New HVAC units provide central heat and air
More about this property
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