$125,000

983 Riley Avenue, Alton, IL 62002

1,872 sqft

Multi-Family Home
Built in 1940
9,148sqft lot
—— car garage
$67/sqft
Listed 24 days ago

Property Description

Fantastic investment opportunity with this updated duplex offering strong rental potential! One unit features 3 bedrooms and 1 full bath, updated kitchen, appliances, bath and hard surface flooring in 2023. The second unit offers 2 bedrooms and 1 full bath with hard surface flooring throughout, fresh paint, and new appliances in 2023. Both units include full basements, offering ample storage and additional usable space and in unit laundry. Both units are newly rented at market rate, making this a true turnkey, income-producing property from day one. With desirable unit sizes, functional layouts, and solid rental demand, this duplex is a strong addition to any investment portfolio. Don’t miss this opportunity!

Listing Status:: Pending
Date Added:: March 3, 2026
Data Last Updated:: March 28, 2026 at 3:18PM
Listing Office:: Keller Williams Pinnacle : 618-226-6447
MLS ID:: 26012228

Appliances: DishwasherFree-Standing Electric RangeFree-Standing Gas RangeFree-Standing Refrigerator
Basement: Block
A/C: Central Air
Heating: Forced Air

Style: Other

General: AsphaltVinyl SidingOne

Originating MLS: maris2
School District: Alton DIST 11
County: Madison

Zoning: TR N PT SE SW 50X18023-1-07-01-18-301-011

Utilities: 220 Volts
Water: Public

Source: maris2

This listing courtesy of Keller Williams Pinnacle

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Eunice Smith Elementary School

2400 Henry St, Alton, IL, 62002

Grades KG-2

0.42 miles away

Alton Middle School

2200 College Ave, Alton, IL, 62002

Grades 6-8

0.94 miles away

Alton High School

4200 Humbert Rd, Alton, IL, 62002

Grades 9-12

1.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.