2
Wood River, IL Multifamily Homes & Duplexes for Sale
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$80,000
- 3 Beds
- 2 Baths
- 1,886 Sq Ft
516 N Old Edwardsville Rd, Roxana, IL 62084
516 N Old Edwardsville Rd, Roxana, IL 62084
About Wood River
A few years ago, downtown Wood River's shops were mostly empty and boarded up. A downtown area that boomed in the mid-20th century floundered at keeping businesses in the 21st century – but Dream Home Realty Centre Broker Associate Denise Bextermueller says that’s changing. As evidence, she points to three businesses that have debuted in downtown Wood River since 2022: 1929 Pizza & Wine, Burger Bar and C&B Boiled Bagels. In 2023, the city adopted a new Comprehensive Plan that, among other initiatives, promotes mixed-use development and pedestri ...
Home Trends in Wood River, IL
On average, homes in Wood River, IL sell after 40 days on the market compared to the national average of 47 days. The average sale price for homes in Wood River, IL over the last 12 months is $142,455, up 12% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$132,000
Median Single Family Price
$130,000
Median Townhouse Price
$214,500
Average Price Per Sq Ft
$105
Number of Homes for Sale
9
Last 12 months Home Sales
147
Months of Supply
0.70
Median List Price
$129,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
16%
In Wood River, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $75,000 to $80,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Wood River is $129,900, while the average sale price is $142,455, offering insights into the local housing market. On average, multi-family homes spend 40 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Wood River, IL.
Wood River Types of Homes for Sale
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