319/321 E College Street Carbondale, IL 62901
Listing Courtesy of: RMLS ALLIANCE / Southern Illinois Realty Experts Herrin

  319/321 E College Street Carbondale, IL 62901

Active (7 Days)
$365,000 (USD)

Description

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!

MLS #:
QC4267794
Taxes
$11,356(2023)
Type
Multifamily
Year Built
1958
County
Jackson County

Listed By

Southern Illinois Realty Experts Herrin
Source
RMLS ALLIANCE
Last checked Oct 3 2025 at 9:21 PM GMT+0000
Bathroom Details
Subdivision
  • None
Lot Information
  • Corner Lot
Heating and Cooling
  • Window Unit(s)
Basement Information
  • Finished
Exterior Features
  • Roof: Shingle
School Information
  • High School: Carbondale Hs
Parking
  • Other
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 All Pro Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 RMLS Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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 purchasing. Data last updated 10/3/25 14:21