$435,000
205 S 6th St, Mount Vernon, IL 62864
Multi-Building investment opportunity!! Fully occupied and income generating! Here's your chance to own a rare multi-property portfolio in Jefferson County, combining three buildings into one solid investment. Building 1 (205 S 6th)- Located just off the main road in Mt Vernon, this all brick, two story complex features 5 fully occupied 1 bedroom, 1 bath units. Solid construction, desirable
EMILY WILLIAMS Rod Snow, INC.
Explore Mount Vernon
$875,000
200 N 12th St, Mount Vernon, IL 62864
PUT YOUR ATTENTION TO THIS OPPORTUNITY! 5 BUILDINGS CONSISTING OF (19) 1 BEDROOM UNITS, (2) 2 BEDROOM UNITS AND AN ONSITE OFFICE. THE OWNERS HAVE INVESTED OVER OVER $300,000 IN REPAIRS AND UPGRADES SUCH AS NEW WATER TANKS, NEW WINDOW UNITS, NEW FLOORING, FRESH INTERIOR PAINTING, NEW ROOFING ETC. DETAILED INFORMATION ON FILE FOR YOUR REVIEW. Addresses are 200 N 12th - 206 N 12th - 210 N 12th -
Pam Kirkpatrick Buy Home Realty
Mount Vernon, Illinois, located at the intersection of Interstates 64 and 57 in South Central Illinois, is a small city with a population of around 15,000. The city is home to SSM Health Good Samaritan Hospital, which offers specialized heart and cancer care, eliminating the need for residents to travel to Springfield or St. Louis for treatment. Major employers in Mount Vernon include Continental Tire and Walgreens, both operating factories in the area. The downtown area features the historic 5th District Appellate Court building, where Abraham Lincoln once argued cases, and the Jefferson County Historical Village, an outdoor museum showcasing 19th-century life. The Granada Theatre, a renovated 1937 landmark, hosts concerts and weddings, while Veterans Memorial Park offers recreational activities such as tennis, frisbee golf, and the Aquatic Zoo water park with its slides and lazy river. Market Days at Veterans Memorial Park is a popular monthly event from May through September, featuring a flea market and vendor fair. Housing in Mount Vernon is affordable, with many single-family homes built in the 20th century, including bungalow-style houses priced below $100,000. The city’s schools include Summersville Grade School, which has a high rating. Public transportation is provided by the South Central Illinois Mass Transit District, with routes within Mount Vernon and to nearby communities. For air travel, Veterans Airport of Southern Illinois is 40 miles away, and St. Louis Lambert International Airport is about 90 miles away.
On average, homes in Mount Vernon, IL sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Mount Vernon, IL over the last 12 months is $235,900, up 32% from the median home sale price over the previous 12 months.
In Mount Vernon, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $435,000 to $875,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Mount Vernon is $255,000, while the average sale price is $201,171, offering insights into the local housing market. On average, multi-family homes spend 56 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Mount Vernon, IL.
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