Spencer, IN Apartment Buildings for Sale

Multifamily Investment Opportunity in Spencer

$680,000

6,996 SF

Multifamily Investment Opportunity in Spencer

80 W Jefferson St, Spencer, IN 47460

Two fiveplex buildings near downtown Spencer, Indiana, with strong rental income.

Two buildings with a total of ten 1‑bedroom, 1‑bathroom apartments, providing substantial rental income.
Prime location within walking distance of the Spencer downtown square, offering convenient access to shops, restaurants, and amenities.
Strong tenant demand due to low barriers to occupancy (no security deposit) and affordable $600/month rent per unit.
Simplified utilities management with tenants paying electric and landlord covering septic, water, and trash.
Stable, cash‑flowing asset in a growing southern Indiana community, ideal for investors.

Last Update: Jun 3

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

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Spacious Condo Near Eagle Creek

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Spencer, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 17,163 square feet of properties for sale, with an estimated market value of $680,000.

Prices for two-family homes in Spencer, IN start at $680,000, averaging $680,000, and reaching up to $680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Spencer, IN Apartment Buildings for Sale

Multifamily Investment Opportunity in Spencer

Two fiveplex buildings near downtown Spencer, Indiana, with strong rental income.