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Active - Other for sale
Carbondale, IL
Facts & features
Why you’ll love it
- Renovated
Excellent opportunity to acquire a well-established investment portfolio featuring six rental units across five properties, with a strong history of long-term occupancy. The portfolio includes 715 N. James Street (1 bedroom, 1 bathroom) with an approximately 8-year tenant, 521 N. Springer Street (2 bedroom, 1 bathroom) with a tenant of 10+ years, 110 S. Forest Avenue (2 bedroom, 1 bathroom) with a long-term tenant, 1108 W. Walkup Avenue (3 bedroom, 1 bathroom) with an exceptional 20-year tenant, and 1109 W. Walkup Avenue, Unit A &B consisting of a 2-bedroom 1-bath unit and a 1-bedroom, 1-bath unit. The back unit is currently occupied by a long-term tenant, while the other is being remodeled, creating an opportunity to increase rental income with a new tenant. This portfolio is ideal for investors seeking stable cash flow, as these are long-term rentals. Whether you're looking to expand your existing portfolio or make a turnkey investment, this package offers immediate income with additional upside potential.
Listed by: RAE HANNA • Coldwell Banker DHH Realty
Co-listed by: Landon Adis Childers • Coldwell Banker DHH Realty
Source: MRED as distributed by MLS GRID, MLS#: 12717662
Based on information as of Sep 02, 2026 at 07:18pm EDT.
Come see by yourself
Affordability
$2,799/mo
- Mortgage$1,815
- Property tax$984
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Carbondale
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Sep 02, 2026 at 07:18pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
