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319/321 E College Street, Carbondale, IL 62901

$365,000

4,912 sq ft
MLS# 1263586
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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!

Property Details

City
Carbondale
County
Jackson
Subdivision
None
Schools
  • Carbondale Hs
Type
Residential Income
Garage
  • Other
New Construction
No
Square Ft.
4,912
Apx Lot Size
60 x 150 and 65 x 150
Year Built
1958

Features

Roofing
  • Shingle
Garage/Parking
  • Other
Basement
  • Finished
Heating/Cooling
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public

Financials

2023 Taxes
11355.88
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Southern Illinois Realty Experts - Herrin, Melanie Harp, as of 01/30/2026 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.