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Occupied Duplex with Two Homes
For Sale
$69,900

516 N Old Edwardsville Road, Roxana, IL 62084

Two occupied residences provide a front-and-rear configuration with month-to-month tenancy.

Property Size1,886 SF
Days on Market27

Property Features for 516 N Old Edwardsville Road

General Information

Standard status Active
Size 1,886 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,022

Building Details

Building Size 1,886 SF
Year Built 1964
Buildings 2
Units 2
Listing Agency: Keller Williams Marquee
Listed By: Jeb Blasingame · License #471.012922
Source: Nesterrealty
Added: Aug 4 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Marquee

Investment Insights

Based on property information with market context.

This 1,886-square-foot duplex contains two separate residences within a 1964-built property. The front home includes two bedrooms and one bathroom, while the rear home offers one bedroom and one bathroom. Both residences are occupied by long-term tenants under month-to-month leases.

Located at 516 N Old Edwardsville Rd in Roxana, the property is described as being near highways, shopping, restaurants, and schools. The two-home layout and existing occupancy provide a straightforward multifamily configuration for review.

Key Highlights

  • Two separate residences within one duplex
  • 1,886 square feet of total property size
  • Front residence has 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Parts Store Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 62084, IL

1,520
Population
789
Households
1.9
Avg Household Size
39
Median Age
19%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
330
Density / Sq Mi
$64,375
Median Household Income
$36,094
Median Earnings
$949
Median Rent
$104,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences provide a front-and-rear configuration with month-to-month tenancy.
Where is this duplex located?
The property is located at 516 N Old Edwardsville Road Roxana, IL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two separate residences within one duplex; 1,886 square feet of total property size; Front residence has 2 bedrooms and 1 bathroom
More about this property
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