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2446 State St

Granite City IL 62040

2868 sq. ft.
7501.03 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

2868 sq. ft. floor area
7501.03 sq. ft. lot size
Multi-Family

Property history for 2446 State St

2022
Sold
Undisclosed
18 Nov 2022 by Doug Hartmann, of Hartmann Realtors
2020
Sold
$62,500
19 Jun 2020 by Louie McCoy, of RE/MAX Alliance

Happy sellers in Granite City

95%
95% of sellers in Granite City reported that their sale price either exceeded or met their price expectations.

Granite City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Granite City over the last 12 months.

Local market activity for multi families in Granite City

In the last 12 months, 11 multi families similar to 2446 State St, have been sold.

This represents a 45% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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