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506 E College Avenue, 
Normal, IL 61761

$220,000

4

Beds

1

Bath

1,584

Sq Ft

Single Family

Active

Listed by

Neal Fridrich

RE/MAX Rising

Last updated:

May 15, 2026, 10:47 AM

MLS#

12644460

Source:

MLSNI

About This Home

506 E College Avenue

Located just minutes from Illinois State University, this recently renovated 4 bedroom home offers a rare combination of flexibility, location, and investment potential. Zoned R-3A for multifamily use, the property presents an excellent opportunity for investors, student housing, house hacking, or owner-occupants looking for future upside. Inside, you'll find fresh paint throughout, beautifully refinished hardwood floors, and spacious living areas filled with light. The functional layout provides plenty of room for roommates, tenants, or a growing household. Outside, ample rear parking adds convenience and is a hard to find feature this close to campus. Whether you're searching for your next investment property or a centrally located home with income potential, this one checks all the boxes!

Home Facts

Single Family

1 Bath

4 Bedrooms

Built in 1955

Price Summary

220,000

$138 per Sq. Ft.

MLS #:

12644460

Last Updated:

May 15, 2026, 10:47 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,584 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

1,584 Sq. Ft.

Year Built:

1955

Lot

Lot Size (Sq. Ft):

7,919

Finances & Disclosures

Finances

Price:

$220,000

Price per Sq. Ft:

$138 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.