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Updated Multifamily Property
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For Sale
$685,000

15284 Veterans Lane, Dillsboro, IN 47018

Commercial Sale, Dillsboro, IN

Property SizeContact for details
Lot Size1.51 Acres
Days on Market5

Property Features for 15284 Veterans Lane

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Clay
Standard status Active
APN 15-10-04-100-008.000-004
Lot size 1.51 Acres

Amenities

washer/dryer

Building Details

Year built 1947
Listing Agency: RE/MAX Advantage 1 · RE/MAX International
Listed By: Pamela Ginder · License #RB14013231
Added: Sep 10 Changed: Sep 13 Last Checked: Sep 14 at 9:06AM
MLS# 208314

Copyright © 2026 Southeastern Indiana 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.

Investment Insights

Based on property information with market context.

This multifamily property includes 4 buildings on 1.51 acres, with 5 leased units and full occupancy. The improvements have been updated and remodeled, and 3 units include washers and dryers. Some appliances and furniture are included with the sale.

The property is served by city water through Hoosier Hills, electric service from REMC, and fiber internet through REMC-SEIData. An updated septic system is located on-site. Built in 1947, the property also includes a new survey on file.

Key Highlights

  • 4 updated and remodeled buildings on 1.51 acres
  • 5 leased units with full occupancy
  • 3 units include washers and dryers

Property Analytics

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Current Use

Multifamily properties

Lease Details

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 47018, IN

4,273
Population
2,011
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
88%
High-School Grad
74.6 sq mi
ZIP Area
57
Density / Sq Mi
$64,300
Median Household Income
$42,167
Median Earnings
$948
Median Rent
$190,100
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?
Multifamily property - Four updated buildings offer leased residential units with on-site septic service and select furnishings and appliances.
Where is this multifamily property located?
The property is located at 15284 Veterans Lane Dillsboro, IN.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 4 updated and remodeled buildings on 1.51 acres; 5 leased units with full occupancy; 3 units include washers and dryers
More about this property
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