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Converted Duplex Residential Income
For Sale
$69,900

802 W Walnut St, Carbondale, IL 62901

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

Property SizeContact for details
Days on Market406

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 #471012048
Source: Illianahomesource
Added: Aug 17, 2025 Changed: Sep 9 Last Checked: Sep 26 at 7:29AM

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

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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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Dental Office HVAC Service Furniture & Home Goods Computer & Electronic Repair

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 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
More about this property
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