For Sale
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Multi family home for sale at 2123 Edison Ave, Granite City, IL 62040 | MLS# MIS26059827 | Listing updated on 2026-09-16
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$48,000

Monthly Est:$239

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon2,249sqft

2123 Edison Ave, Granite City, IL 62040

$239/moEst:

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  • Multi Family

  • Built in 1900

  • $-- HOA

  • 6,250.86 sqft lot

  • $21/sq.ft

Description

Affordable four-unit multifamily investment opportunity in Granite City, Illinois, offered at $48,000. The property features a 2,249 SF two-story brick building on a 50' x 125' lot and is currently 25% occupied, with one occupied unit and three vacant units. The current tenant pays $635 per month, providing immediate income while leaving significant upside through lease-up of the remaining units. At just $12,000 per unit, this property offers a compelling value-add opportunity for an investor seeking a low-cost multifamily acquisition with room to increase occupancy and revenue. 2025 real estate taxes are approximately $2,300.64.

  • Houzeo last checked: 22 minutes ago
  • Listing updated: September 16, 2026 at 5:34 am
  • Listing Provided by: Brendan Barone (618) 606-3829 | H3 Capital Real Estate, Llc (618) 622-3343
  • Source: MARIS MLS-MO | MLS#: MIS26059827 MARIS MLS-MO

Part of

Building
2123 Edison Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Madison County

  • City

    Granite City

  • Neighborhood

    --

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    2,249 sqft

  • Lot Size

    6,250.86 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MARIS MLS

  • MLS Number

    MIS26059827

  • MLS Status

    Active

  • Days on Market

    1

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Construction Materials

    Brick

  • Architectural Style

    Other

Other Features

  • Subdivision Name

    Granite City

  • Disclosures

    None

Price History

DateEventPrice

09/16/2026

Source: mls_logoMARIS MLS-MO #MIS26059827

Listed for Sale

$48,000

$21/sqft

Based on information from Mid America Regional Information Systems, Inc. through Sep 16, 2026, 10:16AM. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. © 2026 Mid America Regional Information Systems, Inc. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty

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