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Triplex Residential Income Property
For Sale
$212,500

1405 S 15th Street, Vincennes, IN 47591

INVESTMENT, One Story, Vincennes, IN

Property Size2,600 SF
Lot Size0.23 Acres
Price / SF$81.73
Days on Market93

Property Features for 1405 S 15th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2
Parking 6
Lot features Corner, Level
Elementary school Vigo
Middle school Clark
High school Lincoln
Elementary school district Vincennes Community School Corp.
Middle school district Vincennes Community School Corp.
High school district Vincennes Community School Corp.
Directions From Willow St go south on S 15th
Subdivision Knox County
Standard status Active
APN 42-12-28-311-035.000-022
Size 2,600 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S Vinc SD Lot 11 & 12 SO Vinc SD Lot 12 .129A
Legal Description S Vinc SD Lot 11 & 12 SO Vinc SD Lot 12 .129A

Utilities

Cooling system Central Air

Building Details

Year built 1914
Floors in Building 1
Number of units 3
Flooring type Vinyl
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Erica Berendsen · License #RB21002306
Added: Jun 14 Changed: Sep 13 Last Checked: Sep 14 at 7:06AM
MLS# 202623346

Copyright © 2026 Southwest Indiana Association 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 for-sale triplex is a residential income property totaling 2,600 square feet on a 0.23-acre lot. The offering is categorized as triplexes and multifamily properties, suitable for buyers seeking a small multi-unit configuration.

Located at 1405 S 15th Street in Vincennes, Indiana 47591, the property falls within Knox County. Additional property details beyond the basic lot and building size are not provided with this listing information.

Key Highlights

  • Built in 1914
  • Central air cooling
  • Vinyl flooring throughout

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 47591, IN

24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - For sale triplex residential income property on a 0.23-acre lot with 2,600 square feet total.
Where is this triplex located?
The property is located at 1405 S 15th Street Vincennes, IN.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: Built in 1914; Central air cooling; Vinyl flooring throughout
More about this property
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