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    Vincennes, IN
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    Vincennes, IN Apartment Buildings for Sale

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    Twelve-Unit Apartment Building
    Updated: Sep 13, 2024
    Twelve-Unit Apartment Building

    304 Shelby St, Vincennes, IN 47591

    $660,000
    Well‑maintained 12‑unit apartment building with all units configured as 2‑bedroom, 1‑bath layouts
    Historically maintained at least 90% occupancy, supporting consistent cash flow
    Tenants pay electric; owner pays water, sewer, and trash expenses
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Vincennes, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Italianate Multifamily Building
    Italianate Multifamily Building

    702-704 SE Second Street, Evansville, IN 47713

    $568,000
    6,794 sqft 0.24 AC lot

    Offers four apartments plus a carriage house over a two-car garage, with a new roof installed in 2025.

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    Small Multifamily Building
    Small Multifamily Building

    2848 Pennsylvania Street, Evansville, IN 47712

    $279,000
    4,560 sqft

    Five-unit multifamily property with coin laundry, front and rear parking, and newer roof.

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    Three-Story Student-Oriented Apartment Community
    Three-Story Student-Oriented Apartment Community

    1095 Spruce Street, Terre Haute, IN 47807

    Contact for pricing
    128,272 sqft

    Student-focused multifamily community offering one-, two-, and three-bedroom units with on-site parking and shared amenities.

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    Income-Restricted Multifamily Community
    Income-Restricted Multifamily Community

    2915 Arleth St, Terre Haute, IN 47802

    Contact for pricing

    79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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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.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Off-Market Properties in Vincennes, IN

    Consider similar Off-Market properties in Vincennes, 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.

    304 Shelby St
    Multifamily properties

    304 Shelby St, Vincennes, IN 47591

    Value Estimation by Request
    9,600 sqft 0.24 AC lot
    View details

    Vincennes, IN Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Vincennes, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $660,000.

    Sale prices for two-family homes in Vincennes, IN start at $660,000, averaging $660,000, and reaching up to $660,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 25K
    Population Growth (5Y) -0.9%
    Median Household Income $57,862
    College Educated 28.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.20%
    Property Tax per SF $41.91 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

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