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Apartment Buildings with Coin Laundry
For Sale
$670,000

207 S Heaton St, Knox, IN 46534

Two Knox properties combine apartment units, commercial office tenancy, and unfinished space for additional storage or buildout.

Property Size3,837 SF
Price / SF$174.62
Days on Market25

Property Features for 207 S Heaton St

General Information

Standard status Active
Size 3,837 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 7

Amenities

coin laundry

Building Details

Year Built 1900
Buildings 2
Listing Agency: RE/MAX 1ST CHOICE REALTORS
Listed By: Jason Wampler, John Wampler · License #24627
Source: Spencerchildersgroup
Added: Aug 30 Changed: Sep 21 Last Checked: Sep 22 at 10:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1ST CHOICE REALTORS

Investment Insights

Based on property information with market context.

This offering includes two income-producing properties in Knox. The building at 207 S Heaton Street is an all-brick, 5-unit residential property with 3,837 SF of living area, coin laundry, and asphalt off-street parking. The property at 15 N Main St adds a mixed-use configuration with commercial office tenants on the main floor, two large 2-bedroom apartments upstairs, a second coin-laundry area, and additional space supported by a full unfinished basement. The main-floor office area is occupied by long-term commercial tenants, while the basement provides storage or future expansion space. The Heaton Street property was built in 1900 and is located within walking distance of schools and shopping.

Key Highlights

  • All‑brick 5‑unit residential property at 207 S Heaton Street
  • 3,837 SF of living area with coin laundry and asphalt off‑street parking
  • Second property at 15 N Main St includes commercial office tenants

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Bakery Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 46534, IN

11,247
Population
5,614
Households
2
Avg Household Size
43
Median Age
12%
College-Educated
84%
High-School Grad
119.9 sq mi
ZIP Area
94
Density / Sq Mi
$60,248
Median Household Income
$32,470
Median Earnings
$634
Median Rent
$159,600
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two Knox properties combine apartment units, commercial office tenancy, and unfinished space for additional storage or buildout.
Where is this apartment building located?
The property is located at 207 S Heaton St Knox, IN.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: All‑brick 5‑unit residential property at 207 S Heaton Street; 3,837 SF of living area with coin laundry and asphalt off‑street parking; Second property at 15 N Main St includes commercial office tenants
More about this property
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