Five-Unit Multifamily Income
20015 Star Valley Way Borden, IN 47106
20015 Star Valley Way, Borden, IN, 47106
$349,000
For Sale
$349,000
Commercial Sale, Other - Borden, IN
Property Size3,720 SF
Lot Size1.00 Acre
Price / SF$93.82
Days on Market12
Property Features for 20015 Star Valley Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.00 Acre
Building Details
- Year built
- 1990
- Architectural style
- Other
Listing Agency
NextHome Wilson Real Estate Services
(812) 924-7024
4932 Charlestown Rd., IN
Listed by
Stephannie Wilson · License #RB 14039714,PersonLicenseNumber
(502) 643-3062
Added: Jul 6 Checked: Jul 17 at 7:06 pm
MLS# 202609885
Listing URL
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Investment Insights
Based on property information with market context.
20015 Star Valley Way offers a five-unit multifamily property totaling 3,720 rentable square feet on a one-acre lot in Borden, Indiana. The building is single-story and features a mix of one- and two-bedroom floor plans, including two 2-bedroom/1-bath units, a recently remodeled unit, and a larger unit. The property is served by two furnaces and two water heaters, with shared utility service, and rents structured by unit size. Three of the five units are currently occupied and producing income, and two units are available for renovation and lease-up. The property is being sold as-is.
The setting is described as quiet and established, with level topography and no flood risk indicated as Zone X. Borden Elementary and Borden High School are both noted as rated B+. The area also has fiber internet availability and is described as approximately a 30-minute commute to the greater Louisville MSA.
On-site unit mix, shared mechanical service (two furnaces and two water heaters), and existing in-place income with two units positioned for renovation and lease-up define the current operating profile.
The setting is described as quiet and established, with level topography and no flood risk indicated as Zone X. Borden Elementary and Borden High School are both noted as rated B+. The area also has fiber internet availability and is described as approximately a 30-minute commute to the greater Louisville MSA.
On-site unit mix, shared mechanical service (two furnaces and two water heaters), and existing in-place income with two units positioned for renovation and lease-up define the current operating profile.
Key Highlights
- 5‑unit multifamily totaling 3,720 rentable SF on a 1‑acre lot in Borden, IN
- Unit mix includes two 2‑bedroom/1‑bath units and other one- and two‑bedroom floor plans in single‑story construction
- 3 of 5 units currently occupied and producing income; 2 units available for renovation and lease‑up
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Single-story five-unit building with one- and two-bedroom floor plans, gas/electric utilities, and three units currently occupied.
Where is this apartment building located?
The property is located at 20015 Star Valley Way Borden, IN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 5‑unit multifamily totaling 3,720 rentable SF on a 1‑acre lot in Borden, IN; Unit mix includes two 2‑bedroom/1‑bath units and other one- and two‑bedroom floor plans in single‑story construction; 3 of 5 units currently occupied and producing income; 2 units available for renovation and lease‑up
