302 E Central Street

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Address: 302 E Central St, Bethalto, IL 62010, USA
Chicago & Midwest + Apartment Buildings
Created date: October 6, 2026
Date last updated: October 6, 2026
Price: $325,000Investment Analyzer NEW!

Property Description

LIVE IN ONE SIDE & LET THE OTHER SIDE HELP PAY YOUR MORTGAGE! This fantastic duplex is only 16 years old and offers an incredible opportunity for an investor, first-time buyer, or anyone looking for a smart way to offset their housing costs! Each unit features 3 bedrooms and 2 1/2 baths, making these spacious units highly desirable for renters. Unit B is already occupied by a long-time tenant, and the rent was recently increased to $1,500 per month, giving you immediate rental income from day one! It has a brand new dishwasher & garbage disposal. Now take a look at Unit A! It has been completely freshened up with fresh paint, brand-new carpet, and brand-new stainless-steel appliances. It's move-in ready and waiting for its next occupant. The seller says she gets calls every day from people wanting to rent Unit A, but she's intentionally keeping it vacant so the new owner can decide: rent it out, choose their own tenant, set their own rental rate, or make it their own home! Enjoy the convenience of front and back porches, plus off-street parking in the rear. Whether you're looking to add a great property to your investment portfolio or you're ready to stop paying rent and have a tenant help pay your mortgage, this one deserves a serious look! With one unit already rented and the other ready to go, this is an opportunity you won't want to miss!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $325,000
Year Built: 2010
Lot Size: 2,352.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 3
Number of Bathrooms: 0
Address: 302 E Central Street, Bethalto, IL 62010, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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