2123 Edison Avenue, Granite City
$48,000
2,249 Square Feet
Tax History: $2,301.00 in 2025
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.
This property is located on 0.1435 Acre(s).
Approximate lot size is 0 Acre(s)
Elementary School: GRANITE CITY DIST 9
Middle School: GRANITE CITY DIST 9
High School: Granite City
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MLS#: 26059827
Listing ID: 90119
Updated: 10/16/2026
Posted: 10/16/2026
Listing provided by
Brendan Barone
H3 Capital Real Estate, Llc
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