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319/321 E COLLEGE Street Carbondale, IL $ 365,000
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319/321 E COLLEGE Street
$ 365,000
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319/321 E COLLEGE Street

Carbondale, IL, 62901
$ 365,000
Baths0.0 Sq 4,912

Monthly Estimate*

$ 2,277

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Studio

Multi-Family Home for sale in Carbondale, IL

for $365,000. This 4,912 square foot home was built in 1958.

Turn-Key, 5-Unit Income Property that could replace a 9-5 job with a single investment! Step right into cash flow with this income-producing property featuring five total units across two buildings. * 319: Three spacious 3BR/1.5BA units generating $3,050/month (rent rolls available). Two of the units have been recently remodeled! * 321: Unit A leased at $1,500/month; Unit B just vacated and is ready to rent for another $1,500/month. That's a potential $6,050/month gross income when fully occupied! Strong rental history, immediate returns, and room for growth make this the perfect portfolio builder. Contact your agent for a showing today!

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Multi-Family Active

Price

$ 365,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,355

Style

Commercial

Year Built

1958

Town/City

Carbondale

County/Region

Jackson

MLS | Web ID

QC4267794
Features
General
Cooling Window Unit(s)
Construction Materials Vinyl Siding
Year Built 1958
Electric Separate Meters
Current Use Commercial
Gross Income 72000
County Jackson
Net Operating Income 52984
Operating Expense 7660
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2000
Status Active
Directions From 13 W turn left on S Wall St and right on E College St both properties are on your left.
City Carbondale
Number Of Units Total 5
MLS Area Carbondale
Tax Annual Amount 11355.88
Electric Expense 0
Fuel Expense 0
Trash Expense 360
Water Sewer Expense 1800
Standard Status Active
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Exterior
Building Area Total 4912
Lot Dimensions 60 x 150 and 65 x 150
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* Excluded Features
List By
Southern Illinois Realty Experts Herrin

Broker

mharp@sirealtyexperts.com

Email

Affordability Calculator

$3,223
Per Month
71%
29%
0%
Monthly Principal & Interest
$2,277
Monthly Property Taxes
$946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$365,000 Listed Price

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319/321 E COLLEGE Street, Carbondale, IL, 62901 is a Multi-Family Home for sale at $365,000 with 4,912 sqft. 319/321 E COLLEGE Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 62901 which is in Carbondale, IL

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