Calling all investors! Whether you're just getting started or adding to an established portfolio, this duplex is ready for its next owner. With two long-term renters already in place, this property offers a fantastic plug-and-play opportunity to own a slice of the Carbondale rental market. Each unit features 1 bedroom and 1 full bathroom, providing a practical layout for tenants and investors alike. The property also includes shared basement space, offering additional storage and utility. If you're looking for an investment with established rental history and the potential to become a valuable addition to your portfolio, this one deserves a look. Two units, existing renters, and an opportunity to invest in Carbondale-what's not to like?
Active
$60,000
508 N Michaels St, Carbondale, IL 62901
2beds
--sqft
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Shared basement space
- 36 days
- 116
- 5
Zillow last checked:
Listing updated:
Listed by:
WESLEY HUMPHREY (618)440-1691,
Landmark Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12750499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Unassigned, Off Street, Driveway, Yes
- Has uncovered spaces: Yes
Lot
- Size: 7,500 Square Feet
- Dimensions: 50X150
Details
- Parcel number: 1516382006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Carbondale
Financial & listing details
- Tax assessed value: $53,334
- Annual tax amount: $1,977
- Date on market: 9/9/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,122/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $60,000-4% |
Source:  MRED as distributed by MLS GRID #12750499 Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/25/2020 | Listing removed | $450 |
Source: Owner Report a problem | ||
| 2/14/2020 | Listed for rent | $450 |
Source: Owner Report a problem | ||
| 5/6/2019 | Listing removed | $450 |
Source: Owner Report a problem | ||
| 2/6/2019 | Listed for rent | $450 |
Source: Owner Report a problem | ||
| 11/18/2018 | Listing removed | $62,500 |
Source: Realty Central, Inc. #410002 Report a problem | ||
| 6/30/2018 | Listed for sale | $62,500 |
Source: Realty Central, Inc. #410002 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,977 +3.7% | $17,778 +6.3% |
| 2024 | $1,906 +7.3% | $16,728 +11.3% |
| 2023 | $1,777 +3.5% | $15,034 +8.3% |
| 2022 | $1,718 +1.5% | $13,880 +5.1% |
| 2021 | $1,693 +3.2% | $13,205 -1.7% |
| 2020 | $1,640 +4.2% | $13,439 -0.4% |
| 2019 | $1,574 +2.4% | $13,494 -5.9% |
| 2017 | $1,537 | $14,334 |
| 2016 | -- | $14,334 +5.8% |
| 2015 | -- | $13,544 |
| 2014 | -- | $13,544 -2% |
| 2012 | -- | $13,820 -10.6% |
| 2011 | -- | $15,455 -1.5% |
| 2010 | -- | $15,687 +0.7% |
| 2009 | $1,247 | $15,578 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62901
Nearby schools
Schools provided by the listing agent
- Elementary: Carbondale Community High School
- Middle: Carbondale Community High School
- High: Carbondale Community High School
- District: 165
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.
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