For Sale9d on marketHistoric · 111 yrs
2446 State St
Granite City, IL, 62040 • 62040 • Madison County
$200,000
$70/sqft
Down payment assistance available
6Beds
2Baths
2,868Sqft
0.17 acLot
1915Built
Property DNA
Traditional Style
Built 1915 · 111 years of history
State Street Terrace Add/Granite C
62040
This home is getting attention
Listed 9 days ago · 357 views · 12 saves
Market activity
Demand and pricing signals for this listing
357 views
People checking out this listing
12 saves
Buyers have saved this home
9 days on market
Recently listed
$70/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 46% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1915 · Historic
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.
Standout features identified
Our analysis highlights two spacious units, beautiful historic millwork, and newer stainless steel appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,318/month
Principal & Interest$1,051
Property Tax$200
Insurance$67
Down payment20% ($40,000)
3%50%
Est. 6.88% rate · 30yr fixed · $160,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1915
HeatingForced Air, Natural Gas
CoolingCentral Air
ParkingNo Data
Days on Zillow9 Days
Price/sqft$70
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTraditional
Year built1915
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick
Water / SewerPublic
Parking & Outdoor
BasementFull
Lot7,501 sqft
Location & Tax
Neighborhood62040
Annual tax$2,811
Parcel222201815403018
Features & details
5 categories of property features
Interior Features
Appliances
Stainless Steel Appliance(s)
Flooring
Carpet
Heating
Forced Air
Natural Gas
Cooling
Central Air
Exterior Features
Construction
Brick
Listing insights
Market data and value estimates
StatusFor Sale
Days on market9
Est. value$198,900
Est. rent$1,083/mo
Tax rate1.87%
Price/sqft$70
On marketMar 30, 2026
PostedMar 30, 2026
Last sold$74,000
MLS statusActive
MLS updatedApr 7, 2026
Tour days9
Views357
Favorites12
How are the schools in Granite City?
3 schools rated nearby
Location
Granite City, IL, 62040
Price history
22 events
DateEventPrice$/sqftSource
Mar 31, 2026Listed For Sale$200,000$70MARIS
Nov 18, 2022Sold$74,000$26MARIS
Sep 12, 2022Pending Sale$80,000$28MARIS
Aug 30, 2022Listed For Sale$80,000$28MARIS
Jun 25, 2022Pending Sale$80,000$28MARIS
Jun 21, 2022Listed For Sale$80,000$28MARIS
Apr 8, 2022Pending Sale$80,000$28MARIS
Apr 6, 2022Listed For Sale$80,000$28MARIS
Jun 19, 2020Sold$62,500$22MARIS
May 18, 2020Pending Sale$69,000$24RE/MAX Alliance
Dec 31, 2019Price Change$69,000$24RE/MAX Alliance
Jun 12, 2019Listed For Sale$75,000$26RE/MAX Alliance
Apr 8, 2019Pending Sale$75,000$26RE/MAX Alliance
Sep 4, 2018Price Change$75,000$26RE/MAX Alliance
Jul 3, 2018Price Change$81,999$29RE/MAX Alliance
May 10, 2018Listed For Sale$84,999$30RE/MAX Alliance
Apr 3, 2018Listing Removed$95,000$33Miller & Associates - Waterloo
Sep 28, 2017Price Change$95,000$33Miller & Associates - Waterloo
Aug 9, 2017Listed For Sale$104,940$37Miller & Associates - Waterloo
Apr 20, 2009Sold$32,000$11Public Record
Mar 1, 2009Price Change$31,900$11Listhub
Jan 27, 2009Listed For Sale$42,800$15Listhub
Listed For Sale$200,000
Mar 31, 2026•$70/sqft•MARIS
Sold$74,000
Nov 18, 2022•$26/sqft•MARIS
Pending Sale$80,000
Sep 12, 2022•$28/sqft•MARIS
Listed For Sale$80,000
Aug 30, 2022•$28/sqft•MARIS
Pending Sale$80,000
Jun 25, 2022•$28/sqft•MARIS
Listed For Sale$80,000
Jun 21, 2022•$28/sqft•MARIS
Pending Sale$80,000
Apr 8, 2022•$28/sqft•MARIS
Listed For Sale$80,000
Apr 6, 2022•$28/sqft•MARIS
Sold$62,500
Jun 19, 2020•$22/sqft•MARIS
Pending Sale$69,000
May 18, 2020•$24/sqft•RE/MAX Alliance
Price Change$69,000
Dec 31, 2019•$24/sqft•RE/MAX Alliance
Listed For Sale$75,000
Jun 12, 2019•$26/sqft•RE/MAX Alliance
Pending Sale$75,000
Apr 8, 2019•$26/sqft•RE/MAX Alliance
Price Change$75,000
Sep 4, 2018•$26/sqft•RE/MAX Alliance
Price Change$81,999
Jul 3, 2018•$29/sqft•RE/MAX Alliance
Listed For Sale$84,999
May 10, 2018•$30/sqft•RE/MAX Alliance
Listing Removed$95,000
Apr 3, 2018•$33/sqft•Miller & Associates - Waterloo
Price Change$95,000
Sep 28, 2017•$33/sqft•Miller & Associates - Waterloo
Listed For Sale$104,940
Aug 9, 2017•$37/sqft•Miller & Associates - Waterloo
Sold$32,000
Apr 20, 2009•$11/sqft•Public Record
Price Change$31,900
Mar 1, 2009•$11/sqft•Listhub
Listed For Sale$42,800
Jan 27, 2009•$15/sqft•Listhub
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$2,811$32,250
Apr 8, 2023$2,767$29,060
Apr 8, 2022$2,664$26,630
Apr 8, 2021$2,583$24,970
Apr 8, 2020$2,523$23,850
Apr 8, 2019$3,904$36,020
Apr 8, 2018—$34,970
Apr 8, 2017$3,738$34,970
Apr 8, 2016$3,436$36,260
Apr 8, 2015$3,436$36,260
Apr 8, 2014$3,436$36,260
Apr 8, 2013$3,436$36,260
Apr 8, 2012—$35,780
Apr 8, 2011—$35,300
Apr 8, 2010—$35,300
Apr 8, 2009—$35,300
Apr 8, 2007—$32,780
Apr 8, 2005—$31,010
Apr 8, 2004$2,153$28,220
Apr 8, 2003$1,978$28,860
Apr 8, 2002$1,930$27,530
Apr 8, 2001—$26,060
Apr 8, 2000$1,718$25,230
Nearby homes
Neighborhood details
Local context around this listing
Granite City, IL • Madison County
Nearby cities
AltonBethaltoCollinsvilleEdwardsvilleGlen CarbonGodfreyGranite CityHighland
Nearby zip codes
62040
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