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$1,499,000
PA1270095 MLS
Calling all investors—Colonial East Apartments presents a rare opportunity to add a substantial income-producing property to your portfolio in a fantastic Carbondale location. Situated on approximately 3.05 sprawling acres, this investment includes 40 apartment units plus an additional single-family 3-bedroom, 2-bath home, creating multiple streams of rental income and plenty of room for future growth. The property has seen continued upkeep and improvements throughout the complex, including new roofs on select buildings, updated baseboard heat and hot water heaters in all units as well as numerous miscellaneous improvements designed to keep the facilities maintained to standard. At the rear of the property, an on-site laundry house provides an additional source of income while adding convenience for tenants. With its size, existing rental base, additional single-family residence and significant opportunity to increase occupancy and income, Colonial East Apartments offers tremendous upside for the right investor. Located close to the energy and activity of Carbondale’s college community, tenants are just minutes from shopping, dining, entertainment and the hustle and bustle of college life. If you’ve been searching for a large-scale multifamily investment in Carbondale with room to grow, Colonial East Apartments deserves your attention before its gone!

1433 & 1439 E Walnut Street, Carbondale

$169,900
8 Beds 5 Baths PA1269338 MLS
INCREDIBLE INVESTMENT OPPORTUNITY OR SPACIOUS DREAM HOME! Located in the beautiful Lakeland Subdivision, this impressive brick home offers an incredible amount of space and endless possibilities! Featuring 8 bedrooms, 4 bathrooms, and 3 kitchens, this property has most recently been used as an investment property but could easily be transformed into a spacious dream home or an exceptional tenant oasis. Situated on a large lot, the backyard offers peaceful views of a private field and mature trees, creating a beautiful and relaxing setting. A detached barn with loft storage and additional parking provides even more space and versatility. The blacktop driveway offers 8 parking spaces, making this property ideal for a large household, multi-generational living, or continued investment use. With this much space, the possibilities are endless! Call today to schedule your private showing and see everything this unique property has to offer!

1548 Gary Drive, Carbondale

$169,000
3 Beds 2 Baths PA1268609 MLS
Peace. Love. Harmony Lane. Tucked away on 3.95 acres just outside Carbondale, this one is full of personality, character, and possibilities you simply can’t recreate. From the soaring beamed ceilings and warm wood floors to the striking wood-burning fireplace anchoring the oversized living room, this home has a bold, architectural style that’s become increasingly hard to find. The 3-bedroom, 2-bath, 1.5-story layout offers room to make it your own, while the separate apartment creates a rare opportunity—live comfortably in 1200 sq ft while renovating the main home, host guests, or create an income-producing space. Outside, you’ll find room to breathe with a large fishing pond, nearly 4 acres to explore, and 2-car garage. Homes with this kind of design, setting, and potential don’t come around often. Just minutes from SIU and all the conveniences of Carbondale, this is your chance to bring new life to a one-of-a-kind property while preserving the character that makes it unforgettable. Call today for a showing!

1110 Harmony Lane, Carbondale

$190,000
4 Beds 3 Baths PA1264355 MLS
WELCOME TO 300 S. GLENVIEW DRIVE! You will absolutely love this home! Close to SIU, school bus stops, a beautiful park, dining and shopping. Walk in to a spacious living room and a very generous dining area with a beautiful high ceiling looking up to the upper level. The kitchen is spacious and functional for all of your cooking skills. Dining area has an entrance to a very generous family room with a closet and full bath that can and has been rented as a studio apartment or BNB and it is equipped with it's own heating/cooling unit as well. An generous size laundry room/mudroom that leads to the two car garage. On the main level are two bedrooms with new carpet in 2024 and a full bath. The upper level features the primary bedroom, full bath and another bedroom. Beautiful hardwood floors throughout. There is also a small screened porch on the back. Equipped with a cute back yard, this is a one of a kind home with many possibilities. Make an appointment to see this one today!

300 S Glenview Drive, Carbondale