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Converted Duplex Residential Income

802 W Walnut St, Carbondale, IL 62901

For Sale
$69,900

Duplex conversion with cosmetic needs, positioned near groceries, dining, fuel, and a nearby university.

Property SizeContact for details
Days on Market504

Property Features for 802 W Walnut St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: COMMERCIAL REALTY ASSOCIATES
Listed By: Rolf Schilling · License IL #471012048
Source: Illianahomesource
Added: Jun 26, 2025 Changed: Nov 1 Last Checked: Nov 10 at 12:29PM

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 COMMERCIAL REALTY ASSOCIATES

Rey
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Investment Insights

Based on property information with market context.

This converted duplex offers residential income potential, with the property described as needing some cosmetics to complete the conversion. It is presented as a house converted into a duplex, and may require updates or finishes to reach its completed rental-ready condition.

The location is described as walking distance to groceries, eateries, and a fuel station. The university is also noted as being just a few blocks away.

The owner is retiring and liquidating income properties, and the duplex is being offered for sale as-is to allow a buyer to complete the cosmetic work.

Key Highlights

  • House converted to a duplex
  • May need some cosmetics (buyer to complete finishing)
  • Walking distance to groceries, eateries, and a fuel station

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,018
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
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Market

Average Price Trend$/SF for Duplexes in Carbondale, IL

$109 Jul
$93.71 Aug
$93.03 Sep
$93.03 Oct

Properties on Market for Duplexes in Carbondale

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex conversion with cosmetic needs, positioned near groceries, dining, fuel, and a nearby university.
Where is this duplex located?
The property is located at 802 W Walnut St Carbondale, IL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: House converted to a duplex; May need some cosmetics (buyer to complete finishing); Walking distance to groceries, eateries, and a fuel station
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