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8-Unit Duplex Apartment Property

10 Campbell Court, Salem, IN 47167

For Sale
$800,000

INVESTMENT, One Story, Salem, IN

Property Size7,344 SF
Lot Size1.13 Acres
Price / SF$108.93
Days on Market95

Property Features for 10 Campbell Court

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 16
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bedroom 7, Bathroom 8, Bedroom 5, Bedroom 9, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 14, Bedroom 8, Bedroom 3, Bedroom 15, Bathroom 1, Bedroom 12, Bathroom 2, Bathroom 6, Bedroom 10, Bedroom 13, Bedroom 6, Bedroom 11, Bedroom 16
Parking 8
Parking features Off Street
Lot features City/ Town/ Suburb, 0-2.9999
Elementary school Bradie M Shrum
Middle school Salem
High school Salem
Elementary school district Salem Community Schools
Middle school district Salem Community Schools
High school district Salem Community Schools
Directions S Main St, turn left onto Grandview Dr, turn right onto Campbell Ct, property is on the right
Subdivision Washington County
Standard status Active
APN 88-24-20-000-005.002-022
Size 7,344 SF
Lot size 1.13 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electric, water

Taxes and HOA fees

Tax Year 2026
Tax Description 13-20-700-005.002-22 PT WH SE 20-2-4 1.13AC
Tax Annual Amount 7800
Legal Description 13-20-700-005.002-22 PT WH SE 20-2-4 1.13AC

Utilities

Cooling system Wall Unit(s)

Amenities

laundry hookups
private deck
paved parking
storage

Building Details

Year built 1987
Floors in Building 1
Number of units 8
Roof type Shingle
Architectural style Other
Buildings 4
Listing Agency: Mainstreet Realtors
Listed By: Mary McCoskey Finkle · License IN AD51424708
Added: Aug 8 Changed: Nov 5 Last Checked: Nov 10 at 6:06PM
MLS# 202632370

Copyright © 2026 Bedford 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.

Rey
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Investment Insights

Based on property information with market context.

This Salem apartment property comprises four duplex buildings with eight units totaling 7,344 square feet on 1.13 acres. Each residence has two bedrooms, one bathroom, and 918 square feet of living space. Units have individual electric and water meters, laundry hookups, storage, and private decks. Off-street paved parking serves the property, and wall-unit cooling is installed. Metal roof replacements are planned for all four buildings by November 15, 2026.

All eight units are occupied. The property is located in Salem, Indiana, in Washington County.

Key Highlights

  • Eight occupied duplex units, each with 2 bedrooms, 1 bathroom, and 918 square feet
  • Four buildings on a 1.13‑acre site
  • Total property size of 7,344 square feet

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 47167, IN

15,683
Population
6,547
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
213.0 sq mi
ZIP Area
74
Density / Sq Mi
$57,697
Median Household Income
$38,038
Median Earnings
$726
Median Rent
$161,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four buildings provide separate utility meters, laundry hookups, private decks, storage, and off-street parking.
Where is this apartment building located?
The property is located at 10 Campbell Court Salem, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Eight occupied duplex units, each with 2 bedrooms, 1 bathroom, and 918 square feet; Four buildings on a 1.13‑acre site; Total property size of 7,344 square feet
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