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Waterfront Duplex with Efficiency Apartment
New
For Sale
$119,000

304 E COLLEGE Street, Carbondale, IL 62901

Owner-occupant duplex with a larger residence, separate efficiency apartment, and existing rental income.

Property SizeContact for details
Days on Market5

Property Features for 304 E COLLEGE Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x efficiency
Multifamily Units 2

Additional Details

Gross Income $22,080

Amenities

Natural Gas
Central Air
Forced Air
Water Front

Building Details

Year Built 1943
Tenancy Multi
Listing Agency: EXIT REALTY NEW BEGINNINGZ
Listed By: JASON MUELLER · License #471116330
Source: Kw
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 4:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY NEW BEGINNINGZ

Investment Insights

Based on property information with market context.

This 1943 duplex property in Carbondale includes a four-bedroom, two-bath primary residence and a separate efficiency apartment positioned at the rear. The main dwelling has a kitchen with appliances, a walk-in tile shower, and a two-level layout with two bedrooms and one bathroom on the main floor plus two bedrooms and a full bathroom upstairs.

The property includes central air, forced-air heating, and natural gas service. Its waterfront setting adds a distinct exterior feature, while the separate apartment provides additional private living space. The configuration supports continued use as an income-producing duplex or an owner-occupancy arrangement with supplemental rental income.

Key Highlights

  • Four‑bedroom, two‑bath main residence
  • Separate efficiency apartment at the rear of the property
  • Main home includes kitchen appliances and a walk‑in tile shower

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Dental Office Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 62901, IL

22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Owner-occupant duplex with a larger residence, separate efficiency apartment, and existing rental income.
Where is this duplex located?
The property is located at 304 E COLLEGE Street Carbondale, IL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Four‑bedroom, two‑bath main residence; Separate efficiency apartment at the rear of the property; Main home includes kitchen appliances and a walk‑in tile shower
More about this property
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