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1238  Brown Street

1238 Brown Street

Alton, IL 62002

Under Contract MLS# 26043344 39 days on market

$165,000

$68 / sq ft

📞 Call George to schedule a showing — 618-531-4000

2,442

Sq Ft Above Grade

0.178

Acres

About This Property

Don't miss this outstanding opportunity to own a well-maintained 4-unit apartment building in one of Alton's most convenient locations! Whether you're a first-time investor looking to house hack or a seasoned investor seeking a solid addition to your portfolio, this property checks all the boxes. This 2,442-square-foot quadplex features four 1-bedroom, 1-bathroom apartments, each offering a spacious bedroom and functional floor plan that appeals to long-term tenants. A major advantage is that one unit is currently vacant, allowing an owner-occupant to move in and significantly offset their housing expenses while building equity—or lease it immediately to maximize cash flow. Property Highlights • Quadplex with 4 total units • Each unit: 1 bedroom, 1 bathroom • 2,442 total square feet • Large bedrooms in every apartment • One vacant unit—ideal for owner-occupants or immediate leasing • Excellent opportunity for both new and experienced investors • Strong rental demand in a desirable location Prime Location Conveniently situated just: • 1 mile from the SIU School of Dental Medicine, providing consistent rental demand from students, faculty, and staff. • 1 block from Alton Memorial Hospital, making it an attractive option for healthcare professionals and hospital employees. • Minutes from historic downtown Alton's shopping, dining, entertainment, and riverfront attractions. Whether you're looking to expand your investment portfolio or take advantage of the benefits of house hacking, 1238 Brown St offers location, flexibility, and long-term income potential in one attractive package. Schedule your private showing today and discover the possibilities this income-producing property has to offer!

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Property Details

MLS#26043344
StatusUnder Contract
Property TypeResidential Income
Property Sub-Type2-4 Units
Year Built1925
LevelsTwo
Sq Ft Above Grade2, 442
Lot Size Acres0.178
SubdivisionOaknoll Anx
HeatingForced Air
CoolingWall/Window Unit(s)
WaterPublic
Annual Taxes$2, 572 (2024)
Elementary SchoolALTON DIST 11
Middle SchoolALTON DIST 11
High SchoolAlton

Listing History

Listed: July 11, 2026 (39 days on market)

Viewed 18 times on this site.

Brokered by Landmark Realty Broker Reciprocity MARIS