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    260 S Jefferson St Berne, IN 46711

    For Sale
    $230,000

    Sixplex, Other - Berne, IN

    Property size:
    3,318 SF
    Lot size:
    0.20 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 260 S Jefferson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    01-11-04-101-083.000-018
    EntryLevel
    Upper,Lower
    Exterior features
    Basement, Off Street Parking, Storage, Eat-in Kitchen, Foyer Entry, Water Heater Electric, Sidewalks, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    3,318 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Floors in Building
    2
    Number of units
    6
    Flooring type
    Carpet, Tile, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Coldwell Banker Real Estate Group (260) 489-3336 [email protected]

    Listing agent Joel Griebel (260) 486-1300 License #RB14045397

    Listing date Oct 10, 2025

    MLS# 202541044 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berne Six-Plex Investment Opportunity

    This property in Berne, IN, presents an investment opportunity with a 6-plex configuration. The building comprises six apartments, each featuring one bedroom and one bathroom. Each apartment has separate electric meters and boxes, along with individual water heaters. The property has a total size of 3318 square feet and is situated on a 0.2-acre lot. The seller is responsible for the water bill, while tenants cover their electricity expenses. The property has potential to be an excellent investment with updating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berne
    County
    Adams
    State
    Indiana
    Longitude
    -84.950234
    Latitude
    40.656214

    Nearby Similar for Sale

    • $1,075,000
      10,000 SF

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      10,000 SF shopping center on major thoroughfare, Hwy 27.
      920 W 500 S, Berne, IN 46711
      View Details
    • $1,075,000
      10,000 SF

      920 500

      Lifestyle centers • 10,000 SF
      920 500, Berne, IN 46711
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building in Berne, Indiana, with investment potential.
    Where is this apartment building located?
    The property is located at 260 S Jefferson St Berne, IN.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Significant investment opportunity with this 6-unit apartment building (6-plex).; - Each unit features 1 bedroom and 1 bathroom.; - Benefit from separate electric meters and boxes for each unit.
    (260) 486-1300
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    Berne, IN 46711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    260 S Jefferson St Berne, IN 46711
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