Prime Investment Opportunity in the Heart of Belleville located just minutes from the square. This property features eight units: four spacious one-bedroom apartments and four comfortable two-bedroom apartments offering flexibility to any potential renter's living situation. Tenants enjoy the convenience of coin-operated laundry and ample parking, all while benefiting from the property’s private, tucked-away setting. Current rents are significantly below market, offering savvy investors an exceptional opportunity to increase cash flow and build equity quickly. Owner covers W/S/T Cap rate: 5.96% Rents: 765, 575, 503 (sec 8 assisted), 675, 630 (sec 8 assisted), 675, 675, 775. Whether purchased individually or as part of a package (see MLS#:24073227), this property is poised for growth. Don’t miss out on this incredible chance to expand your portfolio!
Closed
Listing Provided by: Real Broker LLC
Bought with: eXp Realty
$320,000
320 W H St, Belleville, IL 62226
3beds
2baths
5,760sqft
Multi Family
Built in 1978
-- sqft lot
$528,000 Zestimate®
$56/sqft
$1,150 Estimated rent
Home value
$528,000
$449,000 - $612,000
$1,150/mo
Zestimate® history
Owner options
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$2,232/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Christopher M Kelly 314-445-7436,
Real Broker LLC
Bought with:
Jake L Kline, 475184727
eXp Realty
Source: MARIS,MLS#: 24073225
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Other, Common Area
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,760
- Total interior livable area: 5,760 sqft
- Finished area above ground: 5,760
Property
Parking
- Parking features: Assigned, Open, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 0.31 Acres
- Dimensions: 315*125
Details
- Parcel number: 0821.0216030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Brick Veneer, Vinyl Siding
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Belleville
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $320,000+156%$56/sqft |
Source:  MARIS #24073225 Report a problem | ||
| 10/22/2018 | Listing removed | $565 |
Source: Bouse Properties, LLC Report a problem | ||
| 10/16/2018 | Listed for rent | $565 |
Source: Bouse Properties, LLC Report a problem | ||
| 12/5/2012 | Sold | $125,000-47.8%$22/sqft |
Source: Public Record Report a problem | ||
| 7/18/2006 | Sold | $239,500$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,800 +6.8% | $134,192 +14% |
| 2023 | $11,051 +8.9% | $117,728 +11.1% |
| 2022 | $10,144 +3.8% | $105,985 +8.2% |
| 2021 | $9,769 +2.9% | $97,980 +4.4% |
| 2020 | $9,496 +22.8% | $93,833 +25.7% |
| 2019 | $7,733 +2.3% | $74,648 +2.2% |
| 2018 | $7,562 +99.1% | $73,034 +0.7% |
| 2017 | $3,799 | $72,522 +2.2% |
| 2016 | $3,799 +12.3% | $70,981 +0.3% |
| 2014 | $3,383 -47.8% | $70,778 -1.4% |
| 2013 | $6,476 | $71,790 -3.4% |
| 2012 | -- | $74,301 -2.8% |
| 2011 | -- | $76,441 -1.8% |
| 2010 | -- | $77,835 -16.8% |
| 2009 | -- | $93,598 +2.3% |
| 2008 | -- | $91,503 +10.8% |
| 2006 | -- | $82,599 +7% |
| 2005 | $6,254 +7.6% | $77,188 +7.2% |
| 2004 | $5,812 | $71,990 +6.4% |
| 2003 | -- | $67,628 +6.3% |
| 2002 | -- | $63,638 +4.8% |
| 2001 | -- | $60,741 +3% |
| 2000 | -- | $58,983 |
Find assessor info on the county website
Neighborhood: 62226
Nearby schools
GreatSchools rating
- 5/10Franklin Elementary SchoolGrades: K-6Distance: 0.4 mi
- 8/10Central Jr High SchoolGrades: 7-8Distance: 2.3 mi
- 4/10Belleville High School-EastGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Belleville Dist 118
- Middle: Belleville Dist 118
- High: Belleville High School-East
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
$528,000
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
$528,000
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