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511 S Rawlings Street, 
Carbondale, IL 62901

$284,900


Bed


Bath


5,976

Sq Ft


Multi-Family

Active

Listed by

Misael Chacon

Beycome Brokerage Realty, LLC.

804-656-5007

Last updated:

November 5, 2025, 03:20 PM

MLS#

QC4268189

Source:

IL CAAR

About This Home

511 S Rawlings Street

Excellent opportunity to own a well-maintained 10-unit multifamily property in a strong rental market. Each unit features 1 bedroom and 1 bathroom,With high-quality construction throughout, this property is truly turn-key.All units are currently leasing at $550/month, generating a solid monthly income of $5,500 with room for future rent increases. Each apartment includes electric baseboard heat and wall-mounted A/C units, making the property extremely low-maintenance and cost-effective for long-term ownership.The building is equipped with separate electric and water meters for each unit, reducing landlord utility responsibilities. City water and sewer are in place for reliability and ease of management.Located just minutes from downtown Carbondale, SIU campus, and local amenities. With ample off-street parking and a straightforward layout, this is a hassle-free, income-generating asset for any portfolio.

Home Facts

Multi-Family

Built in 1963

Price Summary

284,900

$47 per Sq. Ft.

MLS #:

QC4268189

Last Updated:

November 5, 2025, 03:20 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

5,976 Sq. Ft.


Structure

Structure

Building Area:

5,976 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

13,068


Finances & Disclosures

Finances

Price:

$284,900

Price per Sq. Ft:

$47 per Sq. Ft.

Source:IL CAAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.