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    Murphysboro, IL Apartment Buildings for Sale

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    Carbondale, IL De Soto, IL Makanda, IL
    Murphysboro Multifamily Portfolio Investment Opportunity
    $1,190,000
    21,996 SF

    Murphysboro Multifamily Portfolio Investment Opportunity

    153 Youngman Rd, Murphysboro, IL 62966

    27-unit, six-property multifamily portfolio in Murphysboro, Illinois for sale.

    • Immediate value‑add opportunity through loss‑to‑lease turnoff, operational streamlining, and targeted interior upgrades.
    • High occupancy rate (94% economic occupancy) and potential to stabilize above a 10% cap rate.
    • Below market rents ($694 average vs. $838 market) allowing for significant organic revenue growth.
    • Diversified employer base supports strong renter demand.
    • Limited new multifamily supply creates a favorable competitive environment.
    Updated: Mar 5
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Murphysboro, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Neoclassical Revival Multifamily Property
    $425,000
    6,027 SF

    Historic Neoclassical Revival Multifamily Property

    Historic property near SEMO campus with income potential.

    325 N Sprigg Street, Cape Girardeau, MO 63701
    View details
    Cape Girardeau Investment Opportunity
    $599,900
    5,943 SF

    Cape Girardeau Investment Opportunity

    Apartment complex near SEMO with nine units and expansion potential.

    239 N Middle Street, Cape Girardeau, MO 63701
    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing

    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, with value-add potential.

    601 Wallace Road, Farmington, MO 63640
    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing

    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, totaling 135 units.

    4826 Red Rooster Road, Farmington, MO 63640
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details

    Off-Market Properties in Murphysboro, IL

    Consider similar Off-Market properties in Murphysboro, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    602 Mulberry St

    602 Mulberry St

    Multifamily properties
    Value Estimation by Request
    602 Mulberry St, Murphysboro, IL 62966
    View details
    2202 Illinois Ave

    2202 Illinois Ave

    Multifamily properties • 2,016 SF
    Value Estimation by Request
    2202 Illinois Ave, Murphysboro, IL 62966
    View details
    714 23Rd St

    714 23Rd St

    Multifamily properties • 1,800 SF
    Value Estimation by Request
    714 23Rd St, Murphysboro, IL 62966
    View details
    2034 Illinois Avenue Ext

    2034 Illinois Avenue Ext

    Multifamily properties • 2,016 SF
    Value Estimation by Request
    2034 Illinois Avenue Ext, Murphysboro, IL 62966
    View details

    Murphysboro, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 5 apartment buildings for sale in Murphysboro, IL on our real estate platform. These investment opportunities span a total of 21,996 square feet of properties for sale, with an estimated market value of $1,190,000.

    Sale prices for two-family homes in Murphysboro, IL start at $1,190,000, averaging $1,190,000, and reaching up to $1,190,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 14K
    Population Growth (5Y) -8.3%
    Median Household Income $54,242
    College Educated 32.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Murphysboro submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62966 $1.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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