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Vincennes, IN Apartment Buildings for Sale

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Twelve-Unit Apartment Building
Updated: Sep 12, 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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 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

Opportunities in Nearby Cities

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

12-Unit Apartment Building
12-Unit Apartment Building

1705,1715,1725 Greene Street, Jasper, IN 47546

$950,000
11,720 sqft 0.95 AC lot

Two-bedroom residences include patios or balconies, laundry hookups, central air, and kitchen appliances.

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Nine-Unit Multifamily Property
Nine-Unit Multifamily Property

14 North Central Avenue, Casey, IL 62420

Contact for pricing
8,912 sqft

Commercially zoned asset with nine occupied apartments, an owner-use office, and storage space with conversion potential.

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12-Unit Apartment Building
12-Unit Apartment Building

1705 Greene Street, Jasper, IN 47546

$950,000
11,720 sqft

Two-bedroom apartments include laundry hookups, kitchen appliances, and concrete patios or balconies.

View details
Five-Unit Apartment Building
Five-Unit Apartment Building

209 S Central Avenue, Casey, IL 62420

$139,999

Five-apartment property with separate electric, water, and gas meters for each unit.

View details

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
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Vincennes, IN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Vincennes, IN on our real estate platform.

Sale prices for two-family homes in Vincennes, IN average $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%

High-Yield Neighborhoods for Investment

Identify Vincennes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47591 $660K

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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