Four efficiency apartments near major thoroughfares and amenities. Buyer to verify all MLS information including measurements.
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!
GREAT INCOME PRODUCING PROPERTY NEXT TO SIU DENTAL SCHOOL. THIS 3 UNIT RENTAL PROPERTY IS JUST STEPS AWAY FROM THE DENTAL SCHOOL. HAS 1 2 BEDROOM UNIT, AND TWO 1 BEDROOM UNITS. ALL UNITS UNDER ONE YEAR LEASE TERMS. BUILDING HAS ALL NEW WINDOWS. UNITS ALL IN VERY GOOD CONDITION AND HAVE BEEN WELL MAINTAINED. NEW ROOF 2023. ALL KITCHEN APPLIANCES STAY. WASHER AND DRYER IN 2 BEDR OOM UNIT AND ADDITIONAL WASHER DRYER IN LOWER LEVEL. AMPLE OFF STREET PARKING. OWNER RESPONSIBLE FOR WATER/SEWER/TRASH.
Commonly known as the Haagen Haus, this remarkable Civil War-era residence blends timeless elegance, rich history, and exceptional investment potential in the heart of Alton's charming Christian Hill neighborhood. Showcasing over 4,300 square feet of beautifully appointed living space, this fully furnished property features stunning hardwood floors, soaring ceilings, four fireplaces, attractive finishes and fixtures, and views of the iconic Alton Bridge. Currently operating as a successful hospitality-oriented guest house, the property is configured as four separate living units, each with its own kitchen and included appliances, offering incredible flexibility for investors, owner-occupants, or multi-generational living. Generate income by renting all four units, or enjoy the home as your primary residence while leasing one, two, or three additional units to offset ownership costs. The lower-level suite offers a private entrance through a wrought-iron gated courtyard, full lookout windows, a private brick patio, and the perfect setup for an in-law suite, guest quarters, or additional income-producing space. Situated on a prominent corner lot exceeding 9,000 square feet, the outdoor spaces are equally impressive. A private brick-sided courtyard patio with included gazebo provides an inviting setting for entertaining, special events, family gatherings, or peaceful relaxation. Charming brick-lined streets and the character-filled surroundings of Christian Hill further enhance the property's appeal. With an established Airbnb presence, excellent guest reviews, proven rental history, growing tourism demand, low-maintenance management, and furnishings included, this turnkey opportunity is ready for immediate enjoyment and income generation. Whether you're seeking a distinguished historic residence, a thriving hospitality business, or a unique live-and-earn opportunity, the possibilities are truly endless at the Haagen Haus. Courtyard Suite: 1 BR, 1 BA, Larger Unit w/ private courtyard patio access, $2112 rent; Eagle view Suite: 2 BR, 1 BA, two level unit, $1920 Rent; Sky View Suite: 1 BR, 1 BA, $1608 Rent; Garden View Suite: 1 BR, 1 BA, Private Entrance and Garden Patio, $1740 Rent.
Spacious duplex investment opportunity! The front occupied unit offers 2 bedrooms and 1 large bathroom with updates already completed throughout, including fresh paint and a new A/C unit in 2024. This unit features a covered porch, refrigerator, oven/range, and microwave. Newer hot water heater. The kitchen is beautifully updated with quartz countertops and custom cabinetry, and all existing appliances will stay. Newer hardwood flooring runs throughout most of the space, with tile in the bathroom and vinyl plank flooring in the laundry room. The bathroom has also been recently remodeled. The rear unit presents an excellent opportunity for additional rental income. Currently under construction, this possible 2-bedroom, 1-bath unit already has some updated electrical, plumbing, all similar in age to the front unit’s systems. Newer kitchen cabinets and flooring will stay. A brand-new water heater is also included and ready to be connected. Bring your vision and finish this space to maximize the property’s full income-producing potential! Roof and front unit windows were replaced in 2024 as well as some sewer lateral. The unfinished walk-up basement is convenient for your maintenance material storage or could be used for extra rental income. Sold As-Is.
GOOD ALTON INVESTMENT PROPERTY. THIS 2 UNIT 2 BEDROOM DUPLEX BUILT IN 2001. ROOF HAS NEW SHINGLES, NEW WATER HEATER, AND NEWER HVAC. LONG TIME TENANTS. PROPERTY HAS GOOD CASH FLOW AND IS TURN KEY. DUPLEX IS IN VERY GOOD CONDITION. PROPERTY INCLUDES 504 & 506 MARSH.
Solid investment opportunity with this duplex generating steady cash flow. The first unit offers 2 bedrooms and 1 bathroom, previously rented at $1,150 per month. The second unit features 3 bedrooms and 2 bathrooms, recently remodeled with updated finishes and modern appeal, previously bringing in $1,200 per month. Rent hack while you live in one unit and rent the other, making this a turnkey addition to your rental portfolio. Whether you're a seasoned investor or just getting started, this income-producing property is ready to work for you. Cash flow right away with this property!
INVESTMENT OPPURTUNITY....... very near Dental College. Corner property comprised of 2-buildings with a total of 14 units. Newer building on Clawson street has 6 identical 2 bedroom units.( rents vary $800-$850) The college avenue building has 8 units. (rents vary $700-$1000) There are 2-coin operated washers and dryers on the property. Tenants pay utilities except for trash service. Units are inspected between tenants and well maintained. AGENT OWNED
This multi-family property is ready for new beginnings. Located in a historic district, it offers charming surroundings and sweeping views of the Mississippi River. The building has been gutted and is primed for redevelopment, giving investors or owner-occupants a blank slate to create something truly special. With its unbeatable location and strong structural potential, this property is ideal for anyone looking to restore and revitalize in one of the area's most storied neighborhoods.
This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.
Investment Opportunity – 4-Unit Multi-Family Property. Each unit features 1 bedroom and 1 bathroom, offering comfortable and efficient living spaces. This property has a strong rental history, with 3 of the 4 units currently occupied by long-term tenants. The vacant unit presents an opportunity for owner-occupancy or to set a new rental rate at current market values. Centrally situated, tenants enjoy convenient access to shopping and dining, making it a desirable location for renters.
This multi-family property is ready for new beginnings. Located in a historic district, it offers charming surroundings and sweeping views of the Mississippi River. The building has been gutted and is primed for redevelopment, giving investors or owner-occupants a blank slate to create something truly special. With its unbeatable location and strong structural potential, this property is ideal for anyone looking to restore and revitalize in one of the area's most storied neighborhoods.
Well-Maintained Triplex with New Roof – Ideal Investment or Owner-Occupied Opportunity Located in the tranquil Alton locale, this triplex is a true gem, offering three 1-bedroom/1-bathroom units on a generous 3499 sqft lot with solid income potential. Featuring a brand new roof and well-maintained units, this property is ready to generate immediate rental income, with two units currently rented and the third unit– ideal for an investor or an owner-occupant. For those looking to live in one unit while the others help pay the mortgage, this property offers an excellent opportunity to own a rental property. With a convenient 24-minute commute into the city, you can enjoy a peaceful suburban lifestyle while being close to the excitement and opportunities of St. Louis.
Investment opportunity duplex located in the heart of Christian Hill within walking distance of downtown Alton. Detached 1-car garage. Small courtyard in back, bordered on two sides with original stone walls. Roof and siding have been replaced. Newer water heaters, furnaces, 100 amp breaker boxes, and PexA plumbing. Two separate electric meters, one water meter. The upper unit features 1 bedrooom, 1 bathroom, washer/dryer hookups, front and back balconies, some hardwood flooring, fresh paint, and a year round river view. The main floor features 2 bedrroms, 1 bath, and washer/dryer hookups. Duplex is fully electric.
This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.
Looking to expand your portfolio? Or start your investment future? 307/309 Spring offers just that! Both units are occupied with long terms tenants on month-to-month leases. 3 bedrooms and 1 and half baths in each unit. Generating $1570 monthly income. Conveniently located near highways, shopping, restaurants and schools. Call today for more information!
INVESTORS! Check out this excellent 4-unit apartment building in the center of Alton. This well-maintained property features four (4) renovated apartments with laundry and storage available on the property. Each unit has its own electrical service, and the heating system was replaced in 2021 with a new boiler that provides radiant heat throughout the building. The property includes a fire alarm system for the entire building, parking spaces off the street, and many other features. This property would be perfect if you want to add to your existing investments or if you're buying your first multi-unit property. It's ready to go. Agent Owned
Great opportunity for income producing property. 2 units each 3 bed 2 bath. Currently 1 side is occupied by long term tenant. Only 1 side available to be seen. Can be contingent to view occupied side once under contract. This property is priced very well. Being sold as is. Seller will not provide for any inspections
THIS IS A MULTI-PACKAGE DEAL! 518-521 Ridge St and 600 Ridge St (These are mixed-use Commercial / Residential Units - 9 Units Total) & 2 additional, vacant lots. Additional parcel numbers included in sale: 23-2-07-12-17-304-008, 23-2-07-12-17-304-010 & 23-2-07-12-17-304-011. LISTED TAXES reflect ONLY 518-521 Ridge St. Gross Operating Income, Net Income and Total Expense reflect Jan - Dec, 2024. Seller updated all but one of the residential units. 520 1/2 Ridge St is vacant and able to be shown. DO NOT DISTURB OTHER TENANTS; Viewing of occupied unit(s) to be coordinated upon an accepted offer. Property being sold as-is, where-is. Information is assumed accurate; Buyer or Buyer's Agent to verify all information.

Alton is located in Illinois. Alton, Illinois has a population of 25,902. Alton is less family-centric than the surrounding county with 23.24% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Alton, Illinois is $45,225. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Alton is 38.1 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 41.7 inches per year, with 15.5 inches of snow per year.