2309 W Malone St
Peoria
IL

2309 W Malone St
Down payment
2000
Monthly
675
Home Overview
3
1
2309 W Malone St
63000
About This Home
Located in Peoria, Illinois — central Illinois's largest city — 2309 W Malone St is a 3-bedroom, 1-bathroom home offering 930 square feet of opportunity for the right buyer. Priced at $63,000 with just $2,000 down and $675/month (taxes included in that payment), this is a genuine chance to stop renting and start building equity in a real home at a price point that's hard to beat in today's market.
This is a handyman special with solid bones — a phrase that matters in real estate. The foundation of a good home is what's underneath, and this one delivers. A brand-new roof has already been installed, which is one of the most significant and costly improvements a property can have — that work is done. The home does need plumbing work as well as cosmetic interior updates, so buyers should come in with eyes open and a plan in hand. For investors, flippers, or owner-occupants who are handy and willing to put in some sweat equity, this property has the kind of upside that makes the numbers work.
Peoria's West Side neighborhoods offer affordable entry points into homeownership that simply don't exist in larger metro markets. With Peoria being home to major employers, a strong healthcare sector, and a stable rental market, properties like this one represent real value — whether you're looking to live in it and build it up over time, or add it to a portfolio.
Owner financing makes this accessible without going through a traditional bank. With a low down payment, a manageable monthly payment, and taxes already rolled in, the path to ownership here is straightforward. The hard part is already started — now it just needs someone willing to finish the job.
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Location & Payment Details
2309 W Malone St
Down payment
2000
Monthly
675
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