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Apartment Building with On-Site Laundry
For Sale
$662,500

205 Long Street, North Vernon, IN 47265

Eight occupied apartments include basement laundry and storage, outdoor patio areas, and 14 parking spaces.

Property Size6,784 SF
Price / SF$97.66
Days on Market36

Property Features for 205 Long Street

General Information

Standard status Active
Size 6,784 SF
Property subtype Multi Family

Additional Details

Asking Price $1,325,000
Listing Agency: Abel Realty LLC
Listed By: Morgan Abel
Source: Locksteprealty
Added: Sep 25 Changed: Oct 28 Last Checked: Oct 28 at 1:26PM

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 Abel Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 6,784-square-foot apartment property contains 8 units and is fully leased. Basement space provides shared laundry facilities and additional storage, while main-floor units have exterior patio areas. The property also includes 14 parking spaces, a recently installed roof, and vinyl siding.

The sale package includes duplex units on Greensburg Street in addition to the Long Street property.

Key Highlights

  • 8 fully leased apartment units
  • 6,784 square feet of property
  • Basement laundry area and extra storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 47265, IN

20,074
Population
8,862
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
185.6 sq mi
ZIP Area
108
Density / Sq Mi
$65,877
Median Household Income
$40,549
Median Earnings
$916
Median Rent
$143,700
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

Frequently Asked Questions

What type of property is this?
Apartment building - Eight occupied apartments include basement laundry and storage, outdoor patio areas, and 14 parking spaces.
Where is this apartment building located?
The property is located at 205 Long Street North Vernon, IN.
What is the asking price?
The asking price for this property is $662,500.
What are key features of this property?
This property features: 8 fully leased apartment units; 6,784 square feet of property; Basement laundry area and extra storage
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