205 S 6th St Mount Vernon, IL 62864
Estimated payment $3,050/month
About This Home
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 location and consistent rental history makes this an attractive asset. Building 2 (601 Broadway)- A spacious 2 story home also in Mount Vernon offering 3 bedrooms, 1 full bath and 3 parking spaces. This single family home is currently occupied and adds diversity to the rental mix. Building 3 (606 Main)- Located in Woodlawn, this building includes 4 updated units, each offering 3-4 bedrooms and 1 full bath. Plus one of the units is leased to the Woodlawn Post Office, providing stable commercial income. All units are currently rented. Whether you're expanding your portfolio or entering the investment space, this unique grouping of residential and commercial rentals offers steady cash flow, tenant stability, and long-term potential.
Listing Agent
Rod Snow, INC. Brokerage Phone: 618-339-4831 License #475199310 Listed on: 07/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,799
Year Built
- Built in 1930
Parking
- 15 Parking Spaces
Home Design
- 9,300 Sq Ft Home
- Shingle Roof
- Vinyl Siding
Schools
- Mt Vernon High School
Additional Features
- 9 Bedrooms
- Corner Lot
- Forced Air Heating and Cooling System
- Partially Finished Basement
Community Details
- Trash Expense $1,200
Listing and Financial Details
- Assessor Parcel Number 0729382009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,405 | $42,158 | $3,555 | $38,603 |
| 2023 | $3,405 | $38,920 | $3,282 | $35,638 |
| 2022 | $3,160 | $32,670 | $2,879 | $29,791 |
| 2021 | $3,024 | $31,114 | $2,742 | $28,372 |
| 2020 | $3,033 | $29,079 | $2,563 | $26,516 |
| 2019 | $2,992 | $29,079 | $2,563 | $26,516 |
| 2018 | $2,956 | $29,079 | $2,563 | $26,516 |
| 2017 | $2,893 | $29,079 | $2,563 | $26,516 |
| 2016 | $2,823 | $29,079 | $2,563 | $26,516 |
| 2015 | $2,762 | $29,079 | $2,563 | $26,516 |
| 2014 | $2,611 | $29,079 | $2,563 | $26,516 |
| 2013 | $2,611 | $27,433 | $2,418 | $25,015 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | For Sale | $435,000 | -- | $47 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | None Listed On Document | |
| Warranty Deed | $118,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | New Conventional | |
| Previous Owner | $88,500 | Purchase Money Mortgage | |
| Previous Owner | $465,100 | Unknown | |
| Previous Owner | $250,000 | Unknown |
Source: RMLS Alliance
MLS Number: EB458966
APN: 07-29-382-009
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