Skip To Content

715 W Broadway

SPARTA, IL 62288
  • $163,000
  • STATUS: Closed
  • ON SITE: 601 Days
  • ID#: 24076948
Sold - 01/14/2026
$163,000
SOLD - 01/14/2026
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

HUGE Price Drop! Cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!

Monthly Payment Calculator

Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-08-13T23:39:35.28.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/158951795
Print Image

715 W Broadway SPARTA, IL 62288

  • Price: $189,900
  • Status: Closed
  • On Site: 601 Days
  • Updated: 210 min ago
  • ID#: 24076948
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1978
Built
Neighborhood:
Not in A Subdivision
County:
Randolph
Elementary School:
Sparta Dist 140
Middle School:
Sparta Dist 140
High School:
Sparta
School District:
Sparta Dist 140
Property Description
HUGE Price Drop! Cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!
Exterior Features

Attached Garage YN Yes Carport YN No Construction Materials Aluminum SidingBrick Garage YN No Lot Size Dimensions 120X146.5 Lot Size Source Public Records Parking Features AttachedGarageAdditional ParkingCovered Parking Total 0 Patio And Porch Features Deck Pool YN No Road Surface Type ConcreteGravel Waterfront YN No

Interior Features

Appliances OtherGas Water HeaterPropane Water Heater Basement YN No Cooling Wall/Window Unit(s)Central AirElectric Fireplace YN No Heating Forced AirElectricNatural Gas Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Room Count 0

Property Features

Association St. Louis Association of REALTORS Association Fee 0 Auction YN No Disclosures See Seller's Disclosure Gross Income 41400 Listing Terms CashConventionalFHAOtherVA Loan Net Operating Income 27444 New Construction YN No Operating Expense 13956 Operating Expense Includes InsuranceTaxesMaintenance GroundsMaintenance StructureSnow Removal Ownership Type Private Possession Close Of Escrow Property Sub Type 2-4 Units Section BLAIR Sewer Septic Tank Special Listing Conditions Standard Structure Type Duplex Tax Annual Amount 2716 Tax Annual Amount Description Owner Occupied Tax Year 2023 Tenant Pays Cable TVElectricityGas Unit Count 4 Utilities Propane Owned Water Source Community

Listing provided courtesy of Prime Real Estate and Property Management: 314-732-5634. Listing information © 2026 Mid America Regional Information Systems, Inc.
Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-08-13T23:39:35.28.

Fusion Realty, LLC: 618.781.9170
 
https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_11_24076948-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_11_24076948-1.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_11_24076948-1.jpg
Logo
Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025