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Renovated 17-Unit Apartment Complex
For Sale
Contact for pricing

1420 Spring St, Jeffersonville, IN 47130

The property includes updated residences, a furnished laundry room, and one unit placed under a master lease.

Property SizeContact for details
Days on Market145

Property Features for 1420 Spring St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Opportunity Zone Yes
Multifamily Units 17

Amenities

laundry room
Listing Agency: Bass Group Real Estate
Listed By: Bobby Bass · License #RB14043299
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:42PM

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 Bass Group Real Estate

Investment Insights

Based on property information with market context.

This apartment property comprises 17 residential units, with renovations completed in 16 of them. A newly furnished laundry room adds an on-site resident amenity, while the remaining unit is pre-leased through a master lease arrangement. The offering also includes the adjacent property at 1426 Spring St.

The complex is positioned across from Clark Memorial Hospital and near downtown Jeffersonville. Downtown Louisville, Kentucky, is less than 3 miles away, connecting the property with two established urban areas. The combination of renovated units, on-site laundry, and an existing master-lease arrangement provides a clearly defined operating profile for a multifamily buyer.

Key Highlights

  • 17 residential units, including 16 renovated units
  • Newly furnished laundry room on site
  • One unit pre‑leased under a master lease

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Bakery Carpet & Flooring Store

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

17
Residential units

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby

Demographics for 47130, IN

48,481
Population
22,602
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
1,430
Density / Sq Mi
$68,412
Median Household Income
$40,941
Median Earnings
$1,090
Median Rent
$203,800
Median Home Value

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 - The property includes updated residences, a furnished laundry room, and one unit placed under a master lease.
Where is this apartment building located?
The property is located at 1420 Spring St Jeffersonville, IN.
What are key features of this property?
This property features: 17 residential units, including 16 renovated units; Newly furnished laundry room on site; One unit pre‑leased under a master lease
(502) 552-1296 Call to check price and availability
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