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Listed price in listed location currency (USD).
$284,900
$284,900

000

MLS® QC4268189

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $12,256
Approx. Age 1963
MLS® Number QC4268189

Property Address: 511 S Rawlings St, Carbondale, IL, 62901-2674

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to own a well-maintained 10-unit multifamily property in a strong rental market. Each unit features 1 bedroom and 1 bathroom, With high-quality construction throughout, this property is truly turn-key.All units are currently leasing at $550/month, generating a solid monthly income of $5, 500 with room for future rent increases. Each apartment includes electric baseboard heat and wall-mounted A/C units, making the property extremely low-maintenance and cost-effective for long-term ownership.The building is equipped with separate electric and water meters for each unit, reducing landlord utility responsibilities. City water and sewer are in place for reliability and ease of management.Located just minutes from downtown Carbondale, SIU campus, and local amenities. With ample off-street parking and a straightforward layout, this is a hassle-free, income-generating asset for any portfolio.
MLS® NumberQC4268189
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Nov 12, 2025End Date
$284,900Sold Price

Sold

Dec 19, 2025List Date
$284,900List Price
  • Commute

Commute

Starting Address
Destination Address
511 S Rawlings St, Carbondale, IL

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