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Collinsville, IL 62234
$220,000
$89 / sq ft
2,474
Sq Ft Above Grade
0.108
Acres
Downtown Collinsville Triplex – Investment or House Hack! (Back on Market due to no fault of the seller) A rare opportunity just steps from Collinsville’s vibrant downtown, this updated triplex offers both income potential and lifestyle flexibility. Featuring three units—two spacious 1-bedrooms and one comfortable 2-bedroom—this property is ideal for investors looking for steady cash flow or an owner-occupant wanting to house hack. Two units are already occupied, providing immediate rental income, while the third unit offers the option to move right in or lease for additional returns. Recent updates include fresh paint, new flooring, and a tuckpointed basement, giving peace of mind and reducing future maintenance. Tenants enjoy both off-street and on-street parking, adding convenience and value. What truly sets this property apart is its walkable location. Just minutes on foot to Collinsville’s restaurants, coffee shops, and local businesses, residents can embrace the charm and community feel of downtown living while being only a short drive to St. Louis. Whether you’re looking to expand your portfolio or live affordably while your tenants help cover the mortgage, this property delivers. With strong rental potential and long-term upside in a growing market, this is an investment you won’t want to miss.
Listed: October 3, 2025
Closed: December 12, 2025
Close Price: $205,000
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