319 E College St Carbondale, IL 62901
Estimated payment $3,007/month
About This Home
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!
Listing Agent
Southern Illinois Realty Experts - Herrin License #475.195358 Listed on: 09/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,450
Year Built
- Built in 1958
Parking
- 5 Parking Spaces
Home Design
- 4,912 Sq Ft Home
- Shingle Roof
- Vinyl Siding
Schools
- Carbondale High School
Additional Features
- 13 Bedrooms
- Corner Lot
- Window Unit Heating System
- Finished Basement
Community Details
- Trash Expense $360
Listing and Financial Details
- Assessor Parcel Number 15-21-426-019
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,420 | $47,565 | $2,080 | $45,485 |
| 2023 | $5,093 | $43,084 | $1,884 | $41,200 |
| 2022 | $4,922 | $39,774 | $1,739 | $38,035 |
| 2021 | $4,850 | $37,840 | $1,654 | $36,186 |
| 2020 | $4,699 | $38,509 | $1,683 | $36,826 |
| 2019 | $4,510 | $38,667 | $1,690 | $36,977 |
| 2018 | $4,379 | $40,350 | $1,764 | $38,586 |
| 2017 | $4,411 | $41,137 | $1,764 | $39,373 |
| 2016 | $4,306 | $41,137 | $1,764 | $39,373 |
| 2015 | -- | $35,371 | $1,764 | $33,607 |
| 2014 | -- | $35,371 | $1,764 | $33,607 |
| 2012 | -- | $36,093 | $1,800 | $34,293 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | For Sale | $365,000 | -- | $74 / Sq Ft |
Source: RMLS Alliance
MLS Number: PA1263586
APN: 15-21-426-019
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Ask me questions while you tour the home.