Granite City, IL Quadplexes for sale

Updated: Jul 22

Bungalow Quadplex with Detached Garage

2321 Washington Avenue, Granite City, IL 62040

$140,000

1,737 sqft 0.11 AC lot

Currently configured as four separate rental units
Main residence: two‑bedroom, two‑bath with living room, kitchen, and full basement
Upper level: one‑bedroom, one‑bath with kitchen and breakfast nook
Detached two‑story garage building: one‑car garage plus two efficiency units with private baths
0.11‑acre lot; built in 1918; brick construction with shingle roof

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This listing looks promising.

Here's a quick look at some key insights for

2321 Washington Avenue, Granite City, IL 62040

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$13K
Annual
Price @ 7% Cap

$183K
Above asking
Property Type

Single Family Residence
Built 1918

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Updated: Jul 22

Four-Unit Residential Income Property

2013 Grand Avenue, Granite City, IL 62040

$57,000

3,925 sqft 0.14 AC lot

Brick multi‑family property built in 1901
Four 2‑bedroom, 1‑bath units
Forced air heating with natural gas
Central air conditioning
Off‑street and on‑street parking

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4-Unit Brick Quadplex with Basement

2230 E 24th Street, Granite City, IL 62040

$66,500

0.24 AC lot

4-unit brick quadplex built in 1910 with forced-air heating, window A/C, and a full basement with storage.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

All-Brick Quadplex

4512 N 19th Street, St, Louis, MO 63107

$160,000

0.14 AC lot

All units are tenant occupied in an all-brick four-unit quadplex with central air and two-bedroom layouts.

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Four-Unit Apartment Building with Porches

4149 Labadie Avenue, St, Louis, MO 63115

Contact for pricing

4,500 sqft 0.21 AC lot

Four 1-bedroom, 1-bath units with covered front porches and rear deck; off-street parking pad accessible from alley.

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Four-Unit Brick Multifamily Building

5071 Ruskin Avenue, St, Louis, MO 63115

$89,000

3,400 sqft 0.12 AC lot

Four one-bedroom, one-bath units in a brick building built in 1935 with public water.

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Four-Unit Residential Income Building

4228 Clarence Avenue, St, Louis, MO 63115

$39,900

3,536 sqft 0.14 AC lot

Four-unit building requiring full rehabilitation, with each unit laid out as a one-bedroom, one-bathroom residence.

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Granite City, IL Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Granite City, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,662 square feet of properties for sale, with an estimated market value of $263,500.

Sale prices for four-unit buildings in Granite City, IL start at $57,000, averaging $87,833, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62040	$87.8K

Neighborhood

Average Price

62040

$87.8K

Granite City, IL Quadplexes for Sale

2321 Washington Avenue, Granite City, IL 62040

2013 Grand Avenue, Granite City, IL 62040

2230 E 24th Street, Granite City, IL 62040