310 College St, Carbondale, IL 62901
This exceptional investment opportunity presents a well-maintained, four-unit apartment building located at 310 E College St, Carbondale, IL 62901. Built in 2011, this two-story property boasts a total of 3,061 square feet of net rentable space, situated on a 3,061 square foot lot. The unit mix includes one studio and three two-bedroom, one-bathroom apartments, currently fully rented, generating a substantial Net Operating Income (NOI) of $45,831. The property includes ample parking with eight spaces available. This quadplex represents a solid investment opportunity in a desirable location. The asking price is $240,000. The property's Assessed Parcel Number (APN) is 15-21-282-034. Prior to showing, a 24-hour notice is required and pre-approval is necessary. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.