REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 449,900
Est. payment /mo
Price Dropped by $50K
502 S UNIVERSITY AVE Carbondale, IL 62901
7,245 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,245 sqft
Price per Sqft $62
MLS Listing ID EB460646
Maintenance Fees $7,500
Year Built 1972
Annual Tax Amount $11,232
Tax Year 2024
Lot Dimensions 164x106x164x98
Property Sub-Type Multi Family 5+
Property Description
2 Story Fraternity house close to SIU campus offering 8 efficiency units plus additional Landlord/manager unit - This rare investment provides excellent rental history, prime location and good income - partial walk- out basement for easy maintenance access - concrete parking with 15 spaces - fire suppression system and fire doors - common versatile areas offer meeting rooms, dining, gaming and fireplace - large entry foyer - nice patio area and outdoor relaxation on covered deck - This property has the prime location for potential retail on lower lever - Current leases and property manager in place
Location
State IL
County Jackson
Area Carbondale
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Vinyl Siding
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by BETH MILLER-PORTER of SHAMROCK REAL ESTATE
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION