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About This Home

This 3-bedroom, 2-bathroom single family at 1308 Troy Road in Edwardsville, IL is listed for $169,900 ($135 per sqft). Built in 1940, the home offers 1,260 sqft of living space on a 0.16 acres lot.

Agent Description

**3 Bedrooms | 2 Bathrooms | Sold AS IS** Here's an opportunity that doesn't come around often. Located in the highly sought-after LeClaire neighborhood of Edwardsville, 1308 Troy Rd is a 3-bedroom, 2-bathroom property being sold AS IS and packed with untapped potential. Whether you're a seasoned investor looking to add to your portfolio, a handy buyer ready to bring your vision to life, or a first-time purchaser willing to put in some sweat equity, this property presents a compelling chance to build value in one of the Metro East's most desirable communities.

The main floor features two decent-sized bedrooms along with a functional layout that offers a solid foundation for anyone willing to put in the work. The bones are here — the rooms receive natural light and the floor plan moves logically from space to space. With some updating and personal touches, there's real opportunity to transform this main level into something that reflects your own style and goals. For investors, the layout lends itself well to a rental property that could attract tenants drawn to the neighborhood and the proximity to local amenities.

Head upstairs and you'll find a finished second level that adds genuine versatility to the property. This space could function as a third bedroom, a home office, or a flexible-use area depending on the needs of future occupants. In a market where remote work and adaptable living spaces continue to drive buyer and renter interest, having this additional finished level is a notable advantage. It's usable square footage that adds to the property's overall appeal and potential return, whether you plan to flip, rent, or occupy.

One of the biggest draws of this property is the basement. It already has a full bathroom in place, which is a significant head start for anyone looking to finish out the lower level. The rest of the basement is wide open and waiting for someone with vision. Think recreation space, home gym, or additional living area — the possibilities are broad, and the existing plumbing infrastructure means you're not starting from scratch. For investors running the numbers, the ability to add meaningful finished square footage at a reduced cost is exactly the kind of upside that makes a property like this worth serious consideration.

Outside, the property offers practical features that add to its overall functionality. An attached carport provides covered parking, and alley access at the rear makes getting in and out straightforward. A shed on the property provides extra storage space. Additional improvements are Roof 2012, HVAC 2022, Hot Water Heater 2019, & bedroom flooring 2019. These aren't flashy features, but they're the kind of practical details that matter to buyers and tenants alike and contribute to the property's long-term value.

Properties like this — sold AS IS in a premium location with room to add value — are exactly what sharp buyers and investors look for. The work that needs to be done is also the opportunity. The LeClaire neighborhood provides the foundation, and 1308 Troy Rd gives you the canvas. Whether your plan is to renovate and hold, fix and flip, or create your own home on your own terms, the potential here is real and the price reflects the AS IS condition.

Don't wait on this one. Schedule a showing today. The right buyer is going to do very well with this property.

Key Features

  • Built in 1940
  • 0.16 acre lot
  • 1.5 stories

Property Details

2 stories
2 full
1940

Amenities

Basement

Monthly Cost Estimate

$909/mo

20% down · 6.5% · 30 years

Principal$123
Interest$736
Insurance$50

Estimates only. Actual payments may vary.

Location

1308 Troy Road

Edwardsville, IL 62025

LeClaire

Features & Amenities

Exterior Features

Level

Property Details

Construction

Vinyl Siding

Parking

Carport

Heating

Forced Air

Cooling

Central Air

Appliances

DryerRangeRange - Gas

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1308 Troy Road is listed at $169,900 ($135/sqft). The estimated monthly payment is $736 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.16 acre lot, 1.5 stories. Exterior Features: Level.

This property is listed by Michelle Heinlein and can be reached at 6187812322 or smheinlein@sbcglobal.net.

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MH

Michelle Heinlein

Agent at RE/MAX Alliance

(618) 781-2322

Listed by RE/MAX Alliance · View on Broker Site

MLS# 26022210· Source: listhub· Updated today

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1308 Troy Road, Edwardsville, IL 62025

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