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Alton, IL Multifamily Homes & Duplexes for Sale

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    $169,000

    • 10 Beds
    • 6 Baths
    • 3,258 Sq Ft

    821 Alby St, Alton, IL 62002

    Solid investment opportunity with this fully occupied duplex generating steady cash flow. The first unit offers 2 bedrooms and 1 bathroom, currently rented at $1,000 per month. The second unit features 3 bedrooms and 2 bathrooms, recently remodeled with updated finishes and modern appeal, bringing in $1,100 per month. Both units are tenant-occupied, making this a turnkey addition to your rental

    Jake Kline eXp Realty

    821 Alby St, Alton, IL 62002
  • /51

    $249,000

    • 6 Beds
    • 4 Baths

    1011 State St, Alton, IL 62002

    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

    Jason Jackson Tarrant and Harman Real Estate and Auction Co

    1011 State St, Alton, IL 62002
  • /2

    $200,000

    • 4 Beds
    • 2 Baths
    • 2,275 Sq Ft

    427 E 4th St, Alton, IL 62002

    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

    Nicholas Schranck Landmark Realty

    427 E 4th St, Alton, IL 62002

Why Live in Alton

Alton, Illinois, is a riverside town located about 25 miles north of St. Louis, known for its rich history and ongoing revitalization efforts. The downtown area features century-old brick streets and storefronts, reflecting its past as a significant 19th-century port. The city is home to a variety of historic houses, including colonial and Victorian styles, with many properties dating back to the 19th century. Homebuyers can also find midcentury bungalows and ranch-style houses. Alton's affordability is a notable draw, with homes selling for significantly less than the national average. Major employers include Olin Corporation, Wieland Rolled Products, and Alton Memorial Hospital. The Alton Community Unit School District serves 5,700 students across 11 campuses, while Marquette Catholic High School is highly rated. Alton Works is actively revitalizing the downtown area, focusing on arts, innovation, and entertainment. Local attractions include Riverfront Park, which hosts events like the Alton Jazz & Wine Festival, and Henry Street Park, home to the Alton Farmers & Artisans Market. Gordon F. Moore Community Park offers extensive recreational space, including the Spencer T. Olin Golf Course. The YWCA Southwestern Illinois provides indoor recreation options. Alton's proximity to St. Louis, accessible via U.S. Route 67 and Amtrak, adds to its appeal. Crime rates have decreased in recent years, with efforts to reduce youth violence contributing to a safer environment compared to the national average.

Home Trends in Alton, IL

Housing Trends

Median Sale Price
$126,000
Median Single Family Sale Price
$125,000
Median Townhouse Sale Price
$137,500
Median 2 Bedroom Sale Price
$135,000
Median 1 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
61
Last 12 months Home Sales
339
Months of Supply
2.20
Median List Price
$129,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
15%
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