Attention contractors, investors, and handy buyers — this is your opportunity to build serious equity in Granite City, Illinois at a price point that's hard to ignore. Listed at just $49,000 with only $1,000 down and $650 per month through owner financing, 2820 Ralph St offers a chance to get into the St. Louis Metro market without a traditional bank loan standing in your way. Let's be straightforward: this property is a project. The previous tenant-buyer completed a significant amount of demo work and made a start on patching sheetrock, but there is still meaningful work remaining before this home reaches its potential. That said, the bones are there, and the seller believes this will be a good house in a good area of Granite City once the repairs are complete — with strong return potential to follow. Granite City sits on the Illinois side of the St. Louis Metro, offering buyers affordable entry into a market with real demand. The city has a working-class backbone and consistent rental activity, making it a solid target for investors looking to flip or hold, or for hands-on buyers who want to put in sweat equity and come out ahead. This 2-bedroom, 1-bathroom home is priced to reflect its current condition — and that's exactly the point. For someone with the skills, the tools, or the trade connections to get it finished, this property represents genuine upside in a neighborhood the seller describes as solid. Owner financing means flexible terms and no bank qualification hoops to jump through. If you've been searching for a contractor special in the St. Louis Metro area with a low barrier to entry, 2820 Ralph St deserves a serious look. ---