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Multifamily Property with Remodel
For Sale
$69,900

207 S Scott Street, Rensselaer, IN 47978

The 1910 building is offered in its current as-is condition.

Property Size2,105 SF
Price / SF$33.21
Days on Market12

Property Features for 207 S Scott Street

General Information

Standard status Active
Size 2,105 SF
Property subtype Multi-Family

Building Details

Year Built 1910
Listing Agency: Dan Rarey, Dan Rarey Real Estate
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 29 at 4:20PM

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 Dan Rarey, Dan Rarey Real Estate

Investment Insights

Based on property information with market context.

This multifamily property contains 2,105 square feet and dates to 1910. The building is undergoing a remodel and is being offered in its present as-is condition.

Located at 207 S Scott Street in Rensselaer, Indiana, the property is presented as a residential income asset requiring completion of the renovation work.

Key Highlights

  • 2,105 square feet of multifamily property
  • Built in 1910
  • Remodel in progress

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Barber Shop 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.

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
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?
Multifamily property - The 1910 building is offered in its current as-is condition.
Where is this multifamily property located?
The property is located at 207 S Scott Street Rensselaer, IN.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 2,105 square feet of multifamily property; Built in 1910; Remodel in progress
More about this property
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