Updated Multifamily Rental
For Sale
$1,390,000
15284 Veterans Lane, Dillsboro, IN 47018
COMMERCIAL - Dillsboro, IN
Property SizeContact for details
Lot Size1.50 Acres
Days on Market208
Property Features for 15284 Veterans Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Clay
Standard status
Active
APN
151004100008000004
Lot size
1.50 Acres
Building Details
Year built
1947
Listing Agency:
RE/MAX Advantage 1 · RE/MAX International
(812) 926-2278
Listed By:
Pamela Ginder · License #RB14013231
(812) 926-2278
Added: Jan 9
Changed: Aug 4
Last Checked: Aug 5 at 1:06PM
MLS# 206663
Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale includes four completely updated and remodeled apartment buildings with a total of five rental units. The units are described as extremely clean, and three units include washers and dryers. Utilities and site services noted in the materials include city water (Hoosier Hills), electric service through REMC, city gas (SE IN Natural Gas), and updated septic systems on site. A fresh survey is available, and income details are available to qualified buyers.
The property is located at 15284 Veterans Lane in Dillsboro, Indiana within Dearborn County. An additional item included with the sale is the owner’s residence to the rear, described as a completely updated 4-bedroom, 2.5-bath home with an open living/dining/kitchen area, a full basement, and an attached 3-car garage. The rear portion is also described as including a fishing lake and land.
For investors or operators seeking an income-oriented multifamily holding, the combination of multiple updated buildings, on-site utilities supported by updated septic systems, and a mix of unit amenities like in-unit laundry in select units can support straightforward property management. City sewer availability is noted from across US 50 by new owners, which may be relevant to future infrastructure planning.
The property is located at 15284 Veterans Lane in Dillsboro, Indiana within Dearborn County. An additional item included with the sale is the owner’s residence to the rear, described as a completely updated 4-bedroom, 2.5-bath home with an open living/dining/kitchen area, a full basement, and an attached 3-car garage. The rear portion is also described as including a fishing lake and land.
For investors or operators seeking an income-oriented multifamily holding, the combination of multiple updated buildings, on-site utilities supported by updated septic systems, and a mix of unit amenities like in-unit laundry in select units can support straightforward property management. City sewer availability is noted from across US 50 by new owners, which may be relevant to future infrastructure planning.
Key Highlights
- 4 completely updated and remodeled buildings with 5 rental units; 4 units leased through monthly by the owners
- 3 of the rental units include washer and dryer
- Utilities include city water (Hoosier Hills), REMC electric, and SE IN natural gas, plus updated septic systems on site
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
80%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 47018, IN
4,273
Population
2,011
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
88%
High-School Grad
74.6 sq mi
ZIP Area
57
Density / Sq Mi
$64,300
Median Household Income
$42,167
Median Earnings
$948
Median Rent
$190,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four updated apartment buildings with five rental units, including several with in-unit washers and dryers.
Where is this apartment building located?
The property is located at 15284 Veterans Lane Dillsboro, IN.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 4 completely updated and remodeled buildings with 5 rental units; 4 units leased through monthly by the owners; 3 of the rental units include washer and dryer; Utilities include city water (Hoosier Hills), REMC electric, and SE IN natural gas, plus updated septic systems on site
