Multi Family homes for sale & real estate in Granite City, IL

6 homes

Sort:

Recommended

ABOUT THIS HOME
Multi Family Home for sale in Granite City, IL:
Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 fully occupied, residential units (2 upper and 2 lower) All four are on leases and all have been updated. Inspections were completed upon placement. Owner will provide leases and permits in hand, but will not facilitate new permits or inspections. Owner pays water, sewer, trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. * * * Seller is also selling MLS 25073987. May consider package. * * * *

$275,000

4 beds4 baths1,344 sq ft

2441 E 24th St, Granite City, IL 62040

6,486 sq ft lot • Built 1965 • Listed 28 days

ABOUT THIS HOME
Multi Family Home for sale in Granite City, IL:
Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 residential units (2 upper and 2 lower) AND an 1 "open canvas" commercial opportunity, just waiting for your vision. Hint, hint, can you say ARV possibility? All four residential units are occupied. Three on leases, one on month to month. Commercial property is vacant. Units A, B and C have been recently remodeled with recent occupancy inspections. Owner pays trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. * * * May require commercial financing. Seller is also selling MLS 25073965. May consider package. * * * *

$349,000

0 beds— baths4,734 sq ft

821/823 Niedringhaus Ave Unit A-D, Granite City, IL 62040

7,514 sq ft lot • Built 1926 • Listed 28 days

ABOUT THIS HOME
Multi Family Home for sale in Granite City, IL:
Looking to increase your passive income? Looking for a home with a Mother-In-Law suite? This property previously brought in $2000 a month in income. The front home is a 3 bedroom, 2 bath, eat-in kitchen and laundry with a nice sized fenced yard. The rear unit is a 1 bedroom, 1 bath, laundry service, extra storage and comes with furnishings. Call your favorite agent today and schedule a private tour!

$115,000

4 beds3 baths1,305 sq ft

1437 Grand Ave, Granite City, IL 62040

Mother-in-law suite • Fenced yard • Extra storage

ABOUT THIS HOME
Multi Family Home for sale in Granite City, IL:
4-Unit Fixer-Upper with Endless Potential – 2205 Grand Ave, Granite City! Attention investors and rehabbers — here’s your chance to bring a solid 4-unit property back to life and unlock its full income potential! Located in the heart of Granite City, this multi-family building offers FOUR spacious units, each with 1 bedrooms and 1 bathroom, waiting for your vision and updates. Each unit is 900 sq ft and includes separate water and electric meters! With the right improvements, this property can generate strong rental income or serve as a great live-in / rent-out opportunity. The brick exterior provides lasting durability, while the convenient location near shopping, dining,

$16,500

4 beds4 baths3,384 sq ft

2205 Grand Ave, Granite City, IL 62040

Strong rental demand • Brick exterior • 2 unit property

ABOUT THIS HOME
Multi Family Home for sale in Granite City, IL:
Here is your opportunity to add a solid cash flow surplus to your portfolio. This mixed use property offers a variety of income producing methods. Two out of the 3 units are currently rented, and the vacant residential unit is ready for a new tenant right away. The main floor of the building is a fully running & operational bar and grill that is currently tenant occupied, paying $1,500/mo. Items included in the sale and will be transferred to the new owner, are all of the kitchen equipment consisting of the commercial stove top, fryers, prep coolers, range hood, perfectly functioning large walk in refrigeration system, and beer coolers. Upstairs consists of two residential apartments.

$226,000

3 beds2 baths4,608 sq ft

1348 Madison Ave, Madison, IL 62060

Mixed use property • Commercial stove top • 0.29 acre lot

Property at 2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040, 20 beds, 10 baths

$100,000

20 beds10 baths3,925 sq ft

2013 Grand Ave Unit A,B,A,B, Granite City, IL 62040

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

OPEN SUN, 1PM TO 3PM

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
Exceptional Move-In Ready Duplex with Instant Cash Flow Potential! Discover this beautifully maintained duplex, featuring two separate units, each with 3 bedrooms and 1 bath, perfectly positioned on a desirable corner lot. This duplex is be sold as-is. Ready for immediate occupancy, this duplex is an ideal setup for an owner-occupant looking to live in one unit and generate instant cash flow from the other. Step inside to find an inviting, light-filled space featuring an open concept kitchen and living room combo. The spacious bedrooms offer comfort, while the truly unique bathroom in both units promises a spa-like retreat. It boasts a separate toilet/sink area and a luxurious built-in whir

$335,000

9 beds3 baths2,788 sq ft

3843 St.ferdinand Ave, Saint Louis, MO 63113

5,039 sq ft lot • Built 1928

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
Nicely updated 2 Family, in quiet pocket of the city. All brick house features 2 living areas. First floor has 5 rooms. Spacious Living Room and Dining Room. Large Eat-In Kitchen. Butler's Pantry features pass through. Lots of original stained glass and wainscoting. Second floor has 6 rooms, 3 bedrooms , 1 bath. Eat-In kitchen , separate full, formal living room and dining room. Butler's Pantry. Covered Porch off Kitchen. Live in one, rent the other. Don't miss this profitable opportunity! Easy to Show, Call Listing Agent.

$75,000

5 beds2 baths2,640 sq ft

4627 Moraine Ave, Saint Louis, MO 63115

Quiet pocket • Large eat in kitchen • Butler's pantry

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
House is located in North City in the Fairground Neighborhood. Real solid investment property occupied with Section 8 tenant. Updated in 2023. New furnace and AC coil in 2024. Long term tenant lease expires 05/26 and she would like to stay. PLEASE DO NOT DISTURB TENANT. Viewings with accepted contract.

$70,000

2 beds1 bath703 sq ft

4254 John Ave, Saint Louis, MO 63107

New furnace • New ac coil • Updated in 2023

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
Located at 4138 Saint Louis Ave in the historic Ville neighborhood of St. Louis (63115), this quadruplex offers a substantial opportunity for investors looking for their next value-add project. With approximately 5,280 sq. ft. of total space on a generous 7,013 sq. ft. lot, this 1907 building is currently a full shell, ready for a complete renovation and redesign. With its solid brick structure and multi-unit layout, this property provides an excellent foundation for producing strong rental income once restored. Perfect for seasoned rehabbers, developers, or investors seeking a high-potential multi-family project in an up-and-coming area.

$29,900

0 beds— baths5,280 sq ft

4138 Saint Louis Ave, Saint Louis, MO 63115

Generous lot • Full shell • Multi-unit layout

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
Looking for your next project? This property is a blank canvas for an experienced investor or rehabber ready to transform potential into profit. Offered as-is, where-is, no inspections or repairs by seller. Convenient access to highways, schools, and ongoing revitalization nearby, this property offers serious upside for those ready to roll up their sleeves and bring new life to the block. Bring your imagination and make it happen!

$5,000

0 beds— baths1,104 sq ft

4414 Elmbank Ave, Saint Louis, MO 63115

3,510 sq ft lot • Built 1921 • Listed 23 days

ABOUT THIS HOME
Multi Family Home for sale in Granite City, MO:
Investor special! This complete fixer-upper is being sold as-is, where-is, in its current condition — no inspections or repairs by seller. Excellent opportunity for rehabbers, cash buyers, or seasoned investors looking to add value in a growing area. With strong rental demand and ongoing revitalization nearby, this property offers serious upside for those ready to roll up their sleeves and bring new life to the block.

$15,000

0 beds— baths1,912 sq ft

4550 Adelaide Ave, Saint Louis, MO 63115

4,260 sq ft lot • Built 1911 • Listed 23 days

Property at 4648 Pope Ave, Saint Louis, MO 63115, 16 beds, 4 baths

$199,000

16 beds4 baths4,294 sq ft

4648 Pope Ave, Saint Louis, MO 63115

Property at 5218 N Broadway, Saint Louis, MO 63147

$49,000

0 beds— baths3,120 sq ft

5218 N Broadway, Saint Louis, MO 63147

Property at 3237 Barrett St, Saint Louis, MO 63107

$170,000

0 beds— baths— sq ft

3237 Barrett St, Saint Louis, MO 63107

Property at 3932 Cook Ave, Saint Louis, MO 63113, 4 beds

$75,000

4 beds— baths2,736 sq ft

3932 Cook Ave, Saint Louis, MO 63113

Property at 3922 Natural Bridge Ave, Saint Louis, MO 63107

$45,000

0 beds— baths2,352 sq ft

3922 Natural Bridge Ave, Saint Louis, MO 63107

Property at 854 Canaan Ave, Saint Louis, MO 63147

$95,000

0 beds— baths1,100 sq ft

854 Canaan Ave, Saint Louis, MO 63147

Property at 3858 Greer Ave, Saint Louis, MO 63107, 10 beds, 4 baths

$174,900

10 beds4 baths3,156 sq ft

3858 Greer Ave, Saint Louis, MO 63107

Property at 3850 Penrose St, Saint Louis, MO 63107

$142,500

0 beds— baths3,434 sq ft

3850 Penrose St, Saint Louis, MO 63107

Property at 4136 Farlin Ave, Saint Louis, MO 63115

$118,750

0 beds— baths2,324 sq ft

4136 Farlin Ave, Saint Louis, MO 63115

Property at 2754 Bacon St, St. Louis, MO 63106

$410,000

0 beds— baths— sq ft

2754 Bacon St, St. Louis, MO 63106

0 beds— baths4,500 sq ft

4149 Labadie Ave, Saint Louis, MO 63115

Property at 1224 Northdale Ave, Saint Louis, MO 63138, 2 beds, 1 bath

$85,500

2 beds1 bath864 sq ft

1224 Northdale Ave, Saint Louis, MO 63138

Property at 4219 E Sacramento Ave, Saint Louis, MO 63115

$76,000

0 beds— baths— sq ft

4219 E Sacramento Ave, Saint Louis, MO 63115

Property at 10030 Mccartney Ln, Saint Louis, MO 63137, 2 beds, 1 bath

$95,000

2 beds1 bath944 sq ft

10030 Mccartney Ln, Saint Louis, MO 63137

Based on information submitted to the MLS GRID as of Sat Dec 06 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Multi Family Homes for Sale in Granite City

There are currently 6 multi family homes for sale in Granite City at a median listing price of $128K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Granite City stay on the market for 40 days. Popular neighborhoods include Ward 2. This map is refreshed with the newest listings in Granite City every 15 minutes.

In the past month, 31 homes have been sold in Granite City. In addition to houses in Granite City, there was also 1 condo, 0 townhouses, and 9 multi-family units for sale in Granite City last month. Granite City is a minimally walkable city in Illinois with a Walk Score of 39. Granite City is home to approximately 30,265 people and 15,267 jobs. Find your dream home in Granite City using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Granite City are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Granite City. Our Granite City real estate stats and trends will give you more information about home buying and selling trends in Granite City. If you're looking to sell your home in the Granite City area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Granite City with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Granite City, IL

More to explore in Granite City, IL

How to buy a house in Granite City, IL

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Illinois

Chicago homes for sale
$345,000
Naperville homes for sale
$665,000
Schaumburg homes for sale
$299,000
Arlington Heights homes for sale
$432,000
Glenview homes for sale
$734,500
Oak Park homes for sale
$344,900
Evanston homes for sale
$425,000
Des Plaines homes for sale
$393,950
Orland Park homes for sale
$380,000
Downers Grove homes for sale
$489,900
Mount Prospect homes for sale
$434,500
St. Charles homes for sale
$460,000
Skokie homes for sale
$439,000
Glen Ellyn homes for sale
$570,000
Northbrook homes for sale
$619,900

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

Multi Family homes for sale & real estate in Granite City, IL

Multi Family Homes for Sale in Granite City

More real estate resources for Granite City, IL

Nearby Cities

Neighborhoods

Zip Codes

Nearby Cities with Multi Family Homes

Nearby Neighborhoods with Multi Family Homes

More to explore in Granite City, IL

How to buy a house in Granite City, IL

Popular Markets in Illinois