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1238 Brown Street, 
Alton, IL 62002

$165,000


Bed


Bath


2,442

Sq Ft


Multi-Family

Pending

Listed by

Jennifer Wisniewski

Landmark Realty

Last updated:

August 30, 2026, 08:41 AM

MLS#

26043344

Source:

MO MARIS

About This Home

1238 Brown Street

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!

Home Facts

Multi-Family

Built in 1925

Subdivision & Development:

Oaknoll Anx

Price Summary

165,000

$67 per Sq. Ft.

MLS #:

26043344

Last Updated:

August 30, 2026, 08:41 AM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

2,442 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,442 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

7,775


Finances & Disclosures

Finances

Price:

$165,000

Price per Sq. Ft:

$67 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.