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    Alton, IL
    Triplex

    Alton, IL Triplexes for Sale

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    Godfrey, IL East Alton, IL Wood River, IL Bethalto, IL Roxana, IL Cottage Hills, IL Hartford, IL Saint Louis, MO
    Three-Unit Residential Income Property
    Updated: Jul 2
    Three-Unit Residential Income Property

    2713 College Avenue, Alton, IL 62002

    $215,500
    2,140 sqft 0.17 AC lot
    3‑unit rental property next to SIU Dental School; 1 two‑bedroom unit and two one‑bedroom units
    All units on one‑year lease terms; all units under lease with 1‑year terms
    New roof in 2023 and building has all new windows
    Kitchen appliances stay with the units
    Washer and dryer in the 2‑bedroom unit, plus an additional washer/dryer in the lower level
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    This listing looks promising.

    Here's a quick look at some key insights for

    2713 College Avenue, Alton, IL 62002

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $225K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alton, 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.

    Rented Triplex Income Property
    Rented Triplex Income Property

    Saint Louis, MO 63123

    $239,900
    2,375 sqft 0.25 AC lot

    Fully rented triplex with two-bedroom and one-bedroom units, plus recent electrical and HVAC/window updates.

    View details
    Mixed-Use Building with Bar
    Mixed-Use Building with Bar

    2029 Bremen Ave, Saint Louis, MO 63107

    $140,000

    Three apartments are leased through 06/30/2027, plus a completed store portion and a bar area with an attached kitchen to finish.

    View details
    Brick Triplex Income Property
    Brick Triplex Income Property

    8552 Church Road, St, Louis, MO 63147

    $150,000
    2,100 sqft 0.10 AC lot

    Well-maintained brick triplex with three units and off-street parking, generating $2,100 in gross monthly rental income.

    View details
    Semi-Renovated Triplex
    Semi-Renovated Triplex

    4153 E Lexington Avenue, St, Louis, MO 63115

    $129,000
    3,724 sqft 0.20 AC lot

    Three-unit residential income property with recent roof and flooring updates, offered for sale in St. Louis.

    View details

    Alton, IL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Alton, IL on our real estate platform. These investment opportunities span a total of 2,140 square feet of properties for sale, with an estimated market value of $215,500.

    Sale prices for three-family homes in Alton, IL start at $215,500, averaging $215,500, and reaching up to $215,500 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Quadplexes 2
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.3%
    Median Household Income $57,851
    College Educated 32.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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