$40,000

408 N UNIVERSITY Avenue, Carbondale, IL 62901

2 beds |
1 bath |
966 sqft

Single-Family Home
Built in 1923
—— sqft lot
—— car garage
$41/sqft
Listed 8 months ago

Property Description

Single family home for an investor. This home is leased for $750 per month 410 N. University next door is also available to purchase for an additional $40,000.00, which rents for $600.00 per month. Both are leased through July 2026 and Leases to be honored with new owners. This would make a great 2 home package at only $80,000.00. As well, currently available more properties that can all be purchased as a package deal or a combination of individual properties in smaller increments can also be negotiated to purchase.

Listing Status:: Active
Data Last Updated:: March 11, 2026 at 7:21AM
Listing Office:: FIVE STAR REALTY : 618-457-2244
Listing Agent:: KIMBERLY HALL : 618-534-3337
MLS ID:: EB458490

Basement: Egress Window
A/C: Central Air
Heating: Natural Gas
Fireplace: Fireplaces: 0

Style: Bungalow
Parking: OtherParking spaces: 0

General: Bungalow

Originating MLS: mred
County: Jackson

Zoning: 15-21-126-032

Water: Public
Sewer: Public Sewer

Source: mred

This listing courtesy of KIMBERLY HALL , FIVE STAR REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Carbondale Community High School

1301 E Walnut St, Carbondale, IL, 62901

Grades 9-12

1.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.