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Multi Family 5+ · Carbondale, IL
$359,000
beds · baths
1109 W Walkup Avenue, Carbondale, IL, 62901
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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.
— the listing agent’s description

The home

Built in 1943
Lot 60X150
Multi Family 5+

What it’ll cost

$11,807 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$2,998/mo
Principal & interest$1,909
Property taxes$984
Homeowners insurance$105
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jul 28, 2026
$359,000
Earlier records
Listed
Jul 28, 2026
$99,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$11,807/yr
From county records — verify with the assessor.

Schools nearby

Winkler Elementary School · 0.2 mi
Springmore School · 0.8 mi
Buckles School · 1.5 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by RAE HANNA · Coldwell Banker DHH Realty
Listing last updated Aug 3, 2026 · data refreshed from the MLS Aug 3, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Aug 3, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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