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Granite City, IL Multifamily Homes & Duplexes for Sale

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  • 3233 Carlson Ave, Granite City, IL 62040
    3233 Carlson Ave, Granite City, IL 62040
    3233 Carlson Ave, Granite City, IL 62040
    /18

    $150,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    3233 Carlson Ave, Granite City, IL 62040

    Need a great fenced yard? You can have it with this brick ranch home which features 3 bedrooms, a full basement plus an additional lot. The house and lot are both included. The dishwasher is included but will need a new faucet to be installed. This brick bungalow has a perfect location, just minutes from shopping, dining and banking. Furnace & central air - 1 yr old. House parcel ID:

    Judine Lux RE/MAX Alliance

    3233 Carlson Ave, Granite City, IL 62040
  • 2544 State St, Granite City, IL 62040
    2544 State St, Granite City, IL 62040
    2544 State St, Granite City, IL 62040
    /13

    $89,900

    • 3 Beds
    • 1.5 Baths
    • 1,535 Sq Ft

    2544 State St, Granite City, IL 62040

    Inviting 2 story home with a welcoming covered front porch and off-street parking. Entering in, notice some nice nostalgic features: hardwood floors and curved archway plus the updated stationary picture window! The family room features a wood burning fireplace-heater that provides an additional heat source for chilly days. Abundant windows provide light and a view of the fenced back yard.

    Jane Duft Coldwell Banker Brown Realtors

    2544 State St, Granite City, IL 62040
  • 901 Niedringhaus Ave, Granite City, IL 62040
    901 Niedringhaus Ave, Granite City, IL 62040
    901 Niedringhaus Ave, Granite City, IL 62040
    /33

    $155,000

    • 3 Beds
    • 3 Baths
    • 4,480 Sq Ft

    901 Niedringhaus Ave, Granite City, IL 62040

    A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the

    Jayne Endres RE/MAX Alliance

    901 Niedringhaus Ave, Granite City, IL 62040
  • 2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040
    2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040
    /2

    $140,000

    • 20 Beds
    • 10 Baths
    • 3,925 Sq Ft

    2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040

    Four-plex! Each of the four units features 2 bedrooms and 1 bathroom, offering functional layouts perfect for tenants. With room to renovate for even more value, the potential here is huge. Take the first step toward building your wealth!

    Emma Twichell Keller Williams Pinnacle

    2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040
  • 1832 Cleveland Blvd, Granite City, IL 62040
    1832 Cleveland Blvd, Granite City, IL 62040
    /2

    $1,475,000

    • 8 Beds
    • 8 Baths
    • 5,580 Sq Ft

    1832 Cleveland Blvd, Granite City, IL 62040

    Turnkey Investment with Guaranteed Income & Expansion Potential!This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income. The tenant handles full property management and rehabs units as needed, ensuring a truly passive income stream for the owner.The complex consists of 8 one-bedroom units and 4 efficiency units, all fully furnished by the

    Angela Judd-Uram Coldwell Banker Brown Realtors

    1832 Cleveland Blvd, Granite City, IL 62040
  • 2201 Richmond Ave, Granite City, IL 62040
    2201 Richmond Ave, Granite City, IL 62040
    2201 Richmond Ave, Granite City, IL 62040
    /43

    $239,900 Coming Soon

    • 4 Beds
    • 3 Baths
    • 2,356 Sq Ft

    2201 Richmond Ave, Granite City, IL 62040

    Welcome to your dream home in beautiful Granite City!This beautifully maintained 4-bedroom, 3-bath split-level home offers an ideal blend of comfort and elegance. With vaulted ceilings and tons of natural lighting the spacious open floor plan seamlessly connects living, dining, and kitchen areas—perfect for both everyday living and entertaining. As you enter the home you will the find living

    Kari Thompson Hughes Group LLC

    2201 Richmond Ave, Granite City, IL 62040
Illinois Granite City

Multi-Family Homes & Duplexes for Sale in Granite City, IL

Why Live in Granite City

Manufacturing helped birth Granite City, and it remains a key attraction to this southwestern Illinois community. Now a suburb of St. Louis, Granite City earned its name because it was an area known for producing graniteware for cooking in the late 19th century. Steel production has been key to the economy across the decades since, and job opportunities remain a draw. A budding downtown district is giving the population of 27,500 more and more to do in their off time. And this area is conveniently close to St. Louis. “That’s enticing for those who want to move away from the congestion of the city,” says Realtor and Granite City native Angie Uram of Global Real Estate Group with Coldwell Banker Brown Realtors. Granite City is flush with bungalows that date back to the early 19th century and midcentury ranch-style homes, priced anywhere from $15,000 to $300,000 based on condition and size. But buyers can also find some new traditional-style options built within the last 20 years, with price tags from $160,000 to $275,000. Most houses in Granite City come with yards, which get bigger on some of the community’s outskirts. “You have a little more land than you do in St. Louis for the
Learn more about living in Granite City

Home Trends in Granite City, IL

On average, homes in Granite City, IL sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Granite City, IL over the last 12 months is $315,000, up 56% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$315,000
Median Single Family Sale Price
$300,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
4
Last 12 months Home Sales
29
Months of Supply
1.70
Median List Price
$312,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
56%
How to Buy a Home How to Finance a Home How to Sell a Home

In Granite City, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $89,900 to $1,475,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Granite City is $312,000, while the average sale price is $276,282, offering insights into the local housing market. On average, multi-family homes spend 55 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 Granite City, IL.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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