North Vernon, IN Apartment buildings for sale

Multifamily Building with Business Potential

$749,900

11,306 SF

Multifamily Building with Business Potential

230-240 Hoosier Street, North Vernon, IN 47265

12-unit apartment building with additional building for business ventures.

12‑unit apartment building offers immediate rental income potential with a mix of 2‑bedroom and 1‑bedroom units.
Additional 2,150 sq. ft. building provides opportunity for business expansion or additional income streams.
Many recent updates within the last 3 years enhance property value and reduce maintenance costs.
Asphalt parking lot and grassy area provide convenient parking and outdoor space for tenants.
All apartments include kitchen appliances, a desirable amenity for renters.

Updated: Aug 9, 2025

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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Prime land near Shepherd University with development potential.

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Explore Off-Market Properties in North Vernon, IN

Consider similar Off-Market properties in North Vernon, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

227 Walnut St

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Value Estimation by Request

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Value Estimation by Request

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Value Estimation by Request

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12 Platter Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,528 SF

Value Estimation by Request

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604 State St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,780 SF

Value Estimation by Request

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355 Smt St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,813 SF

Value Estimation by Request

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230 Hoosier St

Multifamily properties • 11,306 SF

Value Estimation by Request

230 Hoosier St, North Vernon, IN 47265

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45 Henry St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,984 SF

Value Estimation by Request

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North Vernon, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 9 apartment buildings for sale in North Vernon, IN on our real estate platform. These investment opportunities span a total of 130,790 square feet of properties for sale, with an estimated market value of $1,220,000.

Sale prices for two-family homes in North Vernon, IN start at $265,000, averaging $305,000, and reaching up to $420,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

North Vernon, IN Apartment Buildings for Sale

Multifamily Building with Business Potential

12-unit apartment building with additional building for business ventures.