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Church and Residential Portfolio
For Sale
$649,900

168 N Harrison Street, Spencer, IN 47460

COMMERCIAL, Spencer, IN

Property SizeContact for details
Lot Size0.40 Acres
Days on Market208

Property Features for 168 N Harrison Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Lot features City
Directions GPS Friendly - Driving west on 46, take a right turn onto Harrison St (first road past Crane Credit Union). Church is the 2nd building on the right side of the road.
Subdivision Owen County
Standard status Active
APN 60-10-20-400-400.408-028
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SPENCER LOT 30 AND SPENCER LOT 29
Tax Annual Amount 3183
Legal Description SPENCER LOT 30 AND SPENCER LOT 29

Utilities

Cooling system Central Air

Building Details

Year built 1965
Flooring type Carpet, Wood, Vinyl
Roof type Asphalt
Listing Agency: RE/MAX Acclaimed Properties · RE/MAX International
Listed By: Chris Smith · License #RB15000074
Added: Jan 23 Changed: Aug 19 Last Checked: Aug 19 at 6:06PM
MLS# 202602532

Copyright © 2026 Indiana Uplands Realtor® Association. 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 listing presents a unique three-property portfolio offered at a single list price, including a church facility, a residential triplex, and a single-family home, with the church building available as a separate purchase. The church features an entryway, two restrooms, a sanctuary with seating for approximately 100 people, an attached fellowship hall, and a basement with multiple rooms suited to classrooms, offices, or storage.

The portfolio is conveniently located directly off State Road 46, providing straightforward access and visibility. The single-family home includes four bedrooms and two bathrooms, with one upstairs bathroom ready for completion. The main level has new flooring, recent kitchen updates, and a remodeled main-level bathroom, along with an unfinished basement. The residential triplex includes three units: a one-bedroom upper unit, a two-bedroom unit, and a three-bedroom unit.

For buyers and operators, the mix of space types supports multiple paths, whether you are seeking a church-only acquisition or a combined portfolio. The presence of both multi-unit residential layouts and a church with flexible basement rooms can be useful for owner-users, nonprofits, or adaptive reuse buyers looking for defined, functional building components within a single offering.

Key Highlights

  • Unique three‑property portfolio offered at a single list price: church facility, residential triplex, and single‑family home
  • Church building features a sanctuary with seating for approximately 100 people, plus an attached fellowship hall and basement with multiple rooms
  • Church includes an entryway and two restrooms; basement rooms are suitable for classrooms, offices, or storage

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Garden 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.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

Demographics for 47460, IN

11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Three-property portfolio combining a church facility with a triplex and single-family home, offered with purchase flexibility.
Where is this church & religious facility located?
The property is located at 168 N Harrison Street Spencer, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Unique three‑property portfolio offered at a single list price: church facility, residential triplex, and single‑family home; Church building features a sanctuary with seating for approximately 100 people, plus an attached fellowship hall and basement with multiple rooms; Church includes an entryway and two restrooms; basement rooms are suitable for classrooms, offices, or storage
More about this property
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