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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2446 State Street in Granite City, IL is listed for $200,000 ($70 per sqft). Built in 1915, the home offers 2,868 sqft of living space on a 0.17 acres lot.
Turnkey Duplex Investment in Granite City – Strong Cash Flow & Modern Updates
Welcome to 2446 State St., a fully occupied duplex offering immediate, reliable income in Granite City, IL. This well-maintained property features two spacious units, each with 3 bedrooms and 1 bathroom, making it highly desirable for long-term tenants.
Both units are currently leased, generating a combined monthly income of $2,490, plus an additional $25/month pet fee. Tenants are responsible for all utilities except Trash—including water/sewer (separately metered), gas, and electric—helping keep operating expenses low and maximizing your return.
Inside, the property blends classic charm with modern updates. Each unit showcases beautiful historic millwork alongside recent upgrades, including newer stainless steel appliances, updated kitchen cabinets and countertops (granite counters in 1st floor unit), new flooring, 10 new windows, and updated faucets and fixtures throughout. A newly installed plumbing stack adds further peace of mind for investors.
Whether you’re expanding your portfolio or looking for a strong entry into multifamily investing, this duplex offers a compelling combination of steady cash flow, tenant-paid utilities, and thoughtful updates.
Don’t miss this opportunity to own a fully occupied, income-producing property with built-in value and long-term appeal.
Key Features
- Built in 1915
- 0.17 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2446 State Street
Granite City, IL 62040
State Street Terrace Add/Granite C
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2446 State Street is listed at $200,000 ($70/sqft). The estimated monthly payment is $867 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.17 acre lot, 2 stories.
This property is listed by Alex Harding and can be reached at 6187091733 or alex.harding09@gmail.com.
