Exceptional mixed-use investment opportunity in the heart of downtown Murphysboro! This unique offering consists of two sister buildings connected by a shared hallway that provides access to the upstairs residential units, creating a cohesive property with multiple income-producing opportunities under one ownership. The main level features two storefronts along Walnut Street, currently occupied by established long-term tenants, including a popular retail shop and a hair salon that have become staples of the local community. Upstairs, you'll find two beautifully maintained residential units full of character and charm. One unit currently operates as a furnished short-term rental, while the second is occupied by a long-term tenant, providing a combination of flexibility and dependable income. The current owners purchased the property in 2018 and completed an extensive renovation of both buildings, investing significant time and resources into preserving the historic character while modernizing the property for today's market. New roofs were also installed by Clover Roofing in 2022. Their pride of ownership and commitment to the community are evident throughout, they would love to see a new owner continue building on what they have created. The residential spaces offer a downtown loft-style atmosphere with vintage details, exposed character, and a welcoming retro feel that is increasingly difficult to find. Recent improvements, including a newer roof and updated HVAC systems, add value and peace of mind. An additional unfinished area within one of the buildings presents an opportunity to create another office suite, studio apartment, or efficiency rental for even more income potential. For an owner-occupant, this property presents a rare opportunity to live on-site while benefiting from multiple revenue streams generated by the commercial and residential units. Whether you're looking to invest in your living expenses, expand your investment portfolio, or own a landmark downtown property with room for future growth, this one-of-a-kind asset offers historic charm, strong income potential, and exciting possibilities for the next chapter.
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Zillow last checked:
Listing updated:
Listed by:
RAE HANNA618-305-5950,
Coldwell Banker DHH Realty
Source: MRED as distributed by MLS GRID,MLS#: 12676091
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Rooms
Room types: No additional rooms
Primary bedroom
Level: Second
Area: 140 Square Feet
Dimensions: 10X14
Bedroom 2
Level: Second
Area: 112 Square Feet
Dimensions: 14X8
Bedroom 3
Level: Second
Area: 195 Square Feet
Dimensions: 13X15
Bedroom 4
Level: Second
Area: 180 Square Feet
Dimensions: 12X15
Dining room
Level: Second
Area: 144 Square Feet
Dimensions: 9X16
Kitchen
Level: Second
Area: 176 Square Feet
Dimensions: 11X16
Living room
Level: Second
Area: 168 Square Feet
Dimensions: 14X12
Heating
Electric
Cooling
Central Air
Features
Basement: Unfinished,Partial
Interior area
Total structure area: 0
Total interior livable area: 5,996 sqft
Property
Accessibility
Accessibility features: No Disability Access
Features
Stories: 2
Lot
Size: 3,680 Square Feet
Dimensions: 80X46
Details
Additional parcels included: 1404376028
Parcel number: 1404376029
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence
Materials
Brick
Condition
New construction: No
Year built: 1931
Major remodel year: 2018
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
HOA
Services included: None
Location
Region: Murphysboro
Financial & listing details
Price per square foot: $58/sqft
Annual tax amount: $1,617
Date on market: 6/12/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$324,700
Estimated sales range
$308,000 - $341,000
Rent Zestimate®
$1,445/mo
Price history
Date
Event
Price
6/12/2026
Listed for sale
$350,000$58/sqft
Source: MRED as distributed by MLS GRID #12676091Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.