Centralia, IL Multifamily properties for sale

Updated: Jan 15, 2025

Three-Unit Rental Property

117 N MORRISON Street, Centralia, IL 62801

$365,000

Three freshly built rental homes built in 2023, each a 3‑bed, 2‑bath ranch
Laminate flooring throughout all three homes
On‑demand water heaters in all 3 homes
Currently leased month to month at $1,200/mo (per public remarks)
Utilities: tenants pay all utilities; city water plus Ameren electric and gas

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Updated: Aug 14, 2025

Furnished Duplex in Centralia, IL

404 N BEECH Street, Centralia, IL 62801

Contact for pricing

Furnished duplex with rental income potential.
Live in one unit and rent the other for extra income.
Easily convertible back to a single‑family home.
Great investment opportunity.
Year Built: 1920.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Centralia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex with Finished Basements

105 Timberlake, Damiansville, IL 62215

$329,000

2,300 sqft 0.29 AC lot

Maintained two-unit rental property with private parking, central air, and additional basement space on each side.

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Duplex with Full Basements

13014 Bermuda Grass Court, Breese, IL 62230

$299,000

2,228 sqft 0.28 AC lot

Two occupied units provide separate laundry facilities, full basements, and established residential functionality.

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Two-Unit Duplex with Full Basements

13014 Bermuda Grass Ct, Breese, IL 62230

$299,000

2,228 sqft

Occupied mirror units offer two bedrooms, full basements, and oversized laundry rooms.

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Two-Unit Duplex with Basements

105 Timberlake, Damiansville, IL 62215

$329,000

Occupied duplex with two-bedroom units, two bathrooms, and additional basement space on each side.

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Off-Market Properties in Centralia, IL

Consider similar Off-Market properties in Centralia, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

324 Elm St, Centralia, IL 62801-2955

Value Estimation by Request

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Centralia, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Centralia, IL on our real estate platform.

Sale prices for multifamily properties in Centralia, IL average $365,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.