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    516 N Old Edwardsville Rd Roxana, IL 62084

    For Sale
    $80,000

    2-4 Units - Roxana, IL

    Property size:
    1,886 SF
    Lot size:
    0.19 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 516 N Old Edwardsville Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    19-2-08-27-19-402-046
    Parking features
    Garage, Garage - Attached, Off Street
    Size
    1,886 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1964
    Number of units
    2
    Architectural style
    Other

    Keller Williams Marquee (618) 307-5616 [email protected]

    Listing agent Jeb Blasingame (618) 307-5616 License #471.012922

    Listing date Nov 3, 2025

    MLS# 25026936 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roxana Duplex For Sale

    Located in Roxana, Illinois, this property presents an opportunity for portfolio expansion or initiating an investment future. The property consists of two homes, both currently occupied by long-term tenants on month-to-month leases. The front home features two bedrooms and one bathroom, while the rear home includes one bedroom and one bathroom. The property is conveniently situated near highways, shopping centers, restaurants, and schools. The lot size is 0.1894 acres, and the property size is 1886 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roxana
    County
    Madison
    State
    Illinois
    Longitude
    -90.085914
    Latitude
    38.851383

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    FAQs

    What type of property is this?
    Duplex - Duplex in Roxana, Illinois, ideal for investment or expansion.
    Where is this duplex located?
    The property is located at 516 N Old Edwardsville Rd Roxana, IL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Investment opportunity with two homes on one property; - Both homes are currently occupied by long-term tenants; - Convenient location near highways, shopping, restaurants, and schools
    (618) 307-5616
    Request Owner's contact information
    516 N Old Edwardsville Rd Roxana, IL 62084
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    Roxana, IL 62084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 N Old Edwardsville Rd Roxana, IL 62084
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