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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 Street, Vincennes, IN 47591

$660,000
9,776 sqft
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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Updated 10-Unit Apartment Building
Updated 10-Unit Apartment Building

613 615 N Fulton Ave, Evansville, IN 47710

$499,900
5,105 sqft

Two-story apartment property with individually metered electric and tenant-paid usage.

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9-Unit Apartment Building
9-Unit Apartment Building

21 E Chandler Ave, Evansville, IN 47713

$345,000
3,827 sqft

Fully occupied multifamily property with apartment residences and garage storage units in downtown Evansville.

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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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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

Estimated value: 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. These investment opportunities span a total of 9,776 square feet of properties for sale, with an estimated market value of $660,000.

Sale prices for apartment complexes 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%

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