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    Madison County, IL Multifamily Properties for Sale

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    42 properties
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    Two-Unit Duplex with Porches
    Updated: Oct 5
    Two-Unit Duplex with Porches

    302 E Central Street, Bethalto, IL 62010

    $325,000
    2,352 sqft 0.31 AC lot
    Two units, each with 3 bedrooms and 2 1/2 bathrooms
    2,352 square feet on a 0.31‑acre lot
    Built in 2010
    One unit is occupied; the vacant unit has fresh paint, new carpet, and stainless‑steel appliances
    Front and rear porches with off‑street parking
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    Historic Four-Unit Guest House
    Updated: Jul 22
    Historic Four-Unit Guest House

    617 State Street, Alton, IL 62002

    $485,000
    4,300 sqft 0.21 AC lot
    4,300‑square‑foot furnished residence configured as 4 separate living units
    Built in 1861 with brick construction, hardwood floors, high ceilings, and four fireplaces
    Each unit includes a kitchen and appliances
    Lower‑level suite offers a private entrance, lookout windows, and private brick patio
    0.2076‑acre corner lot with brick‑sided courtyard, gazebo, privacy fencing, and gated access
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    Fully Occupied Quadplex
    Fully Occupied Quadplex

    91 N Stanley Road, Cottage Hills, IL 62018

    $165,000
    2,989 sqft 0.23 AC lot

    Single-level four-unit property with a varied bedroom mix, private storage sheds, and on-site parking.

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    Historic Quadplex with Courtyard
    Historic Quadplex with Courtyard

    617 State St, Alton, IL 62002

    $485,000
    4,300 sqft 0.21 AC lot

    Four furnished living units include individual kitchens and appliances.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    26 Fox Meadow Lane, Glen Carbon, IL 62034

    $319,900
    1,958 sqft 0.35 AC lot

    Two matching residences offer private outdoor space, walk-out lower levels, and separate one-car garages.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    2200 Iowa Street, Granite City, IL 62040

    $289,900
    4,148 sqft 0.17 AC lot

    Six apartment homes across from a hospital, with updated units, parking, and a fenced front yard.

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    Remodeled Two-Unit Duplex
    Remodeled Two-Unit Duplex

    821 Alby Street, Alton, IL 62002

    $124,900
    3,258 sqft 0.22 AC lot

    The property combines a two-bedroom residence with a three-bedroom residence and updated finishes in the larger unit.

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    Eight-Unit Apartment Buildings
    Eight-Unit Apartment Buildings

    1906 Rhodes St, Madison, IL 62060

    $520,000
    2,250 sqft

    Two-building rental property with recent exterior and insulation improvements.

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    Newly Built Brick Triplex
    Newly Built Brick Triplex

    329 Rutledge Street, Worden, IL 62097

    $379,900
    3,300 sqft 0.57 AC lot

    Three residential units offer a mix of two- and three-bedroom layouts with electric heating and central air.

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    Four-Unit Duplex Package
    Four-Unit Duplex Package

    207-209 Roxana Avenue, South Roxana, IL 62087

    $275,000
    1,440 sqft 0.14 AC lot

    Two parcels combine a ranch-style residential income property with three occupied units and one unit available for leasing or occupancy.

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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    1333 11th St, Cottage Hills, IL 62018

    $162,500
    1,644 sqft 0.45 AC lot

    Two residences and a separate workshop share a fenced parcel with parking for both homes.

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    Updated Triplex Rental Property
    Updated Triplex Rental Property

    2704 Idaho Avenue, Granite City, IL 62040

    $120,000
    1,440 sqft 0.08 AC lot

    Three residential units with updated interiors, central air, and on-street parking near Wilson Park.

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    Four-Unit Quadplex with Vacancy
    Four-Unit Quadplex with Vacancy

    612 Mechanic Street, Alton, IL 62002

    $139,000
    1,594 sqft 0.17 AC lot

    Four compact residential units include a current vacancy alongside established tenancy and practical apartment layouts.

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    Four-Unit Duplex Package
    Four-Unit Duplex Package

    207-209 Roxana Ave, South Roxana, IL 62087

    $275,000
    1,440 sqft

    Two parcels convey together, with three units occupied and one available for leasing or owner occupancy.

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    Mixed-Use Building with Bar and Apartments
    Mixed-Use Building with Bar and Apartments

    1348 Madison Avenue, Madison, IL 62060

    $199,000
    4,608 sqft 0.29 AC lot

    Brick property combines two occupied apartments with a restaurant-ready commercial space and separate gravel parking parcel.

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    Mixed-Use Building with Patio
    Mixed-Use Building with Patio

    119 W 3rd Street, Alton, IL 62002

    $699,000
    0.06 AC lot

    Brick property combines commercial space with four residential apartments.

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    Updated Three-Unit Rental Property
    Updated Three-Unit Rental Property

    2704 Idaho Ave, Granite City, IL 62040

    $120,000
    1,440 sqft

    Three residential units offer a compact multifamily configuration for rental use.

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    Duplex Property with Workshop
    Duplex Property with Workshop

    1333 11th Street, Cottage Hills, IL 62018

    $162,500
    1,644 sqft 0.45 AC lot

    Two residences and a separate workshop provide flexible living, family, and project space on a fenced parcel.

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    Duplex with Finished Basements
    Duplex with Finished Basements

    20-22 Carol Dr, Collinsville, IL 62234

    $249,000
    3,160 sqft

    Both residences are occupied and include kitchen appliances plus washer and dryer hookups.

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    Gutted Triplex with Replacement Windows
    Gutted Triplex with Replacement Windows

    1937 Benton Street, Granite City, IL 62040

    $70,000
    2,609 sqft 0.14 AC lot

    Three-unit residential property with off-street parking and a front porch.

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    Occupied Four-Unit Property
    Occupied Four-Unit Property

    91 N Stanley Rd, Cottage Hills, IL 62018

    $165,000
    2,989 sqft

    Single-level layout with varied unit mix, storage sheds, and on-site parking.

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    Renovated Four-Unit Mixed-Use Building
    Renovated Four-Unit Mixed-Use Building

    2356 State Street, Alton, IL 62002

    $215,000
    0.13 AC lot

    Brick property combines renovated apartments and commercial suites with individual electrical service, storage, laundry, and off-street parking.

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    Remodeled Duplex
    Remodeled Duplex

    821 Alby St, Alton, IL 62002

    $124,900
    3,258 sqft

    Two-unit residential property with distinct bedroom and bathroom layouts, including one recently updated residence.

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    Brick Four-Unit Apartment Building
    Brick Four-Unit Apartment Building

    2013 Grand Avenue, Granite City, IL 62040

    $57,000
    3,925 sqft 0.14 AC lot

    Four residential units offer central air, forced-air heating, public water, and a combination of on- and off-street parking.

    View details
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    Madison County, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Madison County, IL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 210,265 square feet of properties for sale, with an estimated market value of $8,765,900.

    Sale prices for multifamily properties in Madison County, IL start at $57,000, averaging $243,497, and reaching up to $980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Madison County Real Estate Agencies

    Realmo connects you with licensed Madison County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Tarrant & Harman Real Estate and Auction Co.
    3644 Fosterburg Rd. Alton, IL 62002
    Phone: 16184339436
    www.tarrantandharman.com
    Nester Realty Inc.
    2110 Troy Rd., Ste. G Edwardsville, IL 62234
    Phone: 16185674000
    www.nesterrealty.com
    Keller Williams Marquee
    1254 University Drive, Ste 200 Edwardsville, IL 62025
    Phone: 16183075616
    www.kwmarquee.com
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