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Active under contract
  • Listed by: Landmark Realty • Jenny A Wisniewski • 618-791-8224
    $165,000

    1238 Brown St, Alton, IL 62002

    4beds
    4baths
    2,442sqft
    : 
    $1,207/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $68/sqft
    $-- HOA

    What's special

    Spacious bedroomFunctional floor plan
    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!
    37 days
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    80
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny A Wisniewski 618-791-8224,

    Landmark Realty

    Source: MARIS,MLS#: 26043344MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,442
      • Total interior livable area: 2,442 sqft
      • Finished area above ground: 2,442
      • Finished area below ground: 0

      Property

      Features
      • Levels: Two
      Lot
      • Size: 7,775 Square Feet
      Details
      • Parcel number: 232071216401038
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Condition
      • Year built: 1925

      Utilities & green energy

      • Electric: Other
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Oaknoll Anx
      HOA
      • Has HOA: No
      Location
      • Region: Alton

      Financial & listing details

      • Price per square foot: $68/sqft
      • Tax assessed value: $94,920
      • Annual tax amount: $2,572
      • Date on market: 7/11/2026
      • Cumulative days on market: 37 days
      • Listing terms: Cash,Conventional
      • Ownership: Private
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/20/2026Contingent$165,000$68/sqft
        Source: MARIS #26043344 Report a problem
        7/11/2026Listed for sale$165,000+31.5%$68/sqft
        Source: MARIS #26043344 Report a problem
        11/1/2021Sold$125,500-7%$51/sqft
        Source: MARIS #21058256 Report a problem
        9/24/2021Contingent$135,000$55/sqft
        Source: MARIS #21058256 Report a problem
        8/13/2021Listed for sale$135,000+64.6%$55/sqft
        Source: MARIS #21058256 Report a problem
        6/18/2021Sold$82,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,572 +6.4%$31,640 +10.7%
        2023$2,417 +6.6%$28,570 +10.6%
        2022$2,266 +1.9%$25,830 +6.4%
        2021$2,223 +2.3%$24,270 +3.7%
        2020$2,172 -3.3%$23,410 +2.3%
        2019$2,247 $22,880 +2.6%
        2018-- $22,290 +3.3%
        2017$2,087 +7.3%$21,570
        2016$1,944 $21,570
        2015$1,944 $21,570
        2014$1,944 $21,570 -2.7%
        2013$1,944 $22,160 -5%
        2012-- $23,330 -2.9%
        2011-- $24,030
        2010-- $24,030 +1.7%
        2009-- $23,620 +8.7%
        2007-- $21,720 -1.8%
        2005-- $22,120 +10.9%
        2004$1,521 +4.6%$19,950 +5.6%
        2003$1,454 +1.2%$18,890 +0.8%
        2002$1,437 $18,740 +5.5%
        2001-- $17,770 +3.5%
        2000$1,346 $17,170
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 62002

        Getting around

        27 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alton Dist 11
        • Middle: Alton Dist 11
        • High: Alton

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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