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  • Listed by: Landmark Realty • Jenny A Wisniewski • 618-791-8224
    Bought with: Landmark Realty
    $155,000

    1238 Brown St, Alton, IL 62002

    4beds
    4baths
    2,442sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $155,700 Zestimate®
    $63/sqft
    $1,029 Estimated rent

    Home value

    $155,700

    $145,000 - $168,000

    $1,029/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny A Wisniewski 618-791-8224,

    Landmark Realty

    Bought with:

    Patricia A Kulish, 475128394

    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: $63/sqft
    • Tax assessed value: $94,920
    • Annual tax amount: $2,572
    • Date on market: 7/11/2026
    • Cumulative days on market: 51 days
    • Listing terms: Cash,Conventional
    • Ownership: Private
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/31/2026Sold$155,000-6.1%$63/sqft
    Source: MARIS #26043344 Report a problem
    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

    Neighborhood: 62002

    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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    Estimated market value
    $155,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $155,700