Triplex

Granite City, IL Triplexes for Sale

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Madison, IL Pontoon Beach, IL Louis, MO Hazelwood, MO E St Louis, IL Riverview, MO Defiance, MO Edwardsville, IL
Updated Triplex Rental Property
Updated: Aug 10
Updated Triplex Rental Property

2704 Idaho Avenue, Granite City, IL 62040

$120,000
1,440 sqft 0.08 AC lot
Three‑unit multifamily property with 1,440 square feet
Updated interiors across all three residential units
Built in 1950 with vinyl siding and a shingle roof
Central air conditioning and forced‑air heating
Public water service and on‑street parking
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Gutted Triplex with Replacement Windows
Updated: Aug 2
Gutted Triplex with Replacement Windows

1937 Benton Street, Granite City, IL 62040

$70,000
2,609 sqft 0.14 AC lot
2,609‑square‑foot triplex on a 0.1435‑acre lot
Mostly gutted interior offered in as‑is condition
Replacement windows and doors remain with the property
Three bedrooms, four bathrooms, and a basement
Off‑street and on‑street parking
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Triplex with Conversion Potential
Triplex with Conversion Potential

1937 Benton St, Granite City, IL 62040

$70,000
2,609 sqft

Mostly gutted multifamily property offered as-is with replacement windows and doors included.

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See hot listings in Granite City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
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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.

Furnished Historic Triplex
Furnished Historic Triplex

926 Allen Ave, Saint Louis, MO 63104

$635,000
7,732 sqft

Fully leased three-unit property with furnished residences, updated interiors, private outdoor spaces, and rear off-street parking.

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Triplex with Off-Street Parking
Triplex with Off-Street Parking

1841 S 10th St, Saint Louis, MO 63104

$539,900
3,540 sqft

Second-floor owner’s residence sits above two updated apartments in a flexible three-unit configuration.

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Brick Triplex with Off-Street Parking
Brick Triplex with Off-Street Parking

8552 Church Road, St, Louis, MO 63147

$150,000
2,100 sqft 0.10 AC lot

Three-unit building with central air, natural gas heating, and public water service.

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Brick Triplex with New Roof
Brick Triplex with New Roof

4153 E Lexington Avenue, St, Louis, MO 63115

$129,000
3,724 sqft 0.20 AC lot

Three-unit property with updated flooring, public utilities, and off-street parking.

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Granite City, IL Triplexes Market Trends and Statistics

Explore 3 triplexes for sale in Granite City, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,658 square feet of properties for sale, with an estimated market value of $260,000.

Sale prices for three-family homes in Granite City, IL start at $70,000, averaging $86,666, and reaching up to $120,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Quadplexes 4
Triplexes 3
Duplexes 1

Demographics Overview

Population 40K
Population Growth (5Y) -4.9%
Median Household Income $60,558
College Educated 20.7%

High-Yield Neighborhoods for Investment

Identify Granite City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62040 $86.7K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Granite City fall within the 100,000+ square foot range.

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