$165,000
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!
26043344
MLS
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ACTIVE UNDER CONTRACT
Status
1238 Brown St, Alton