36-Unit Single-Story Duplex
For Sale
$3,800,000
220 Harrison St, Scottsburg, IN 47170
Low-density multifamily property with private driveways, patios, and in-unit washer/dryer connections.
Property Size31,200 SF
Days on Market109
Property Features for 220 Harrison St
General Information
Standard status
Active
Size
31,200 SF
Property subtype
Multifamily
Occupancy
94%
Units
Unit Mix
36 x 2BR/1BA
Multifamily Units
36
Additional Details
Average Monthly Rent
$1,036
Highway Access
Yes
Amenities
private driveways
patios
in-unit washer/dryer connections
Desirable Low-Density Layoutb Neighborhood-Like Community Featuring All-Brick, Single-Story Construction Built in 1999
100% Two-Bedroom Unit Mix Equipped with Washer/Dryer Connections and Private Driveways
Strong Historical and In-Place Performance Offered at an In-Place 7.33 Percent Cap Rate with Projected 8.00 Percent Year-One Cap Rate
Strong Workforce Housing Demand Drivers Proximity to major employers in Columbus, Seymour, and River Ridge Commerce Center - Over 20,000+ employees and 80+ companies at River Ridge alone
Clear Mark-to-Market Opportunity ($120/Unit Upside) Supported by comparable properties in the Scottsburg/Seymour submarket
Building Details
Building Size
31,200 SF
Year Built
1999
Stories
1
Units
36
Construction
brick
Listing Agency:
Indianapolis Office
(317) 218-5355
Listed By:
Tony Rogers · License #License(s): IN: RB18001301
(317) 218-5355
Source:
Marcusmillichap
Added: May 14
Changed: Aug 29
Last Checked: Aug 29 at 9:23PM
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 Indianapolis Office
Investment Insights
Based on property information with market context.
Located at 220 Harrison St in Scottsburg, Indiana, this 36-unit multifamily property consists of single-story duplex residences constructed in 1999. The all-brick buildings are arranged across a low-density site, and the units are individually parceled. Each residence includes two bedrooms, one bathroom, a private driveway, a patio, and washer/dryer connections. Units average 867 square feet.
The property sits along the I-65 corridor between Louisville and Indianapolis, with access to employment centers in Columbus, Seymour, and the broader Louisville MSA. Scottsburg is also positioned within Southern Indiana’s industrial corridor, including proximity to the River Ridge Commerce Center and its logistics and manufacturing operations.
The configuration combines a consistent unit plan with practical resident amenities and brick construction. The two-bedroom, one-bath layout is carried throughout the portfolio, providing a uniform multifamily asset with individually parceled residences.
The property sits along the I-65 corridor between Louisville and Indianapolis, with access to employment centers in Columbus, Seymour, and the broader Louisville MSA. Scottsburg is also positioned within Southern Indiana’s industrial corridor, including proximity to the River Ridge Commerce Center and its logistics and manufacturing operations.
The configuration combines a consistent unit plan with practical resident amenities and brick construction. The two-bedroom, one-bath layout is carried throughout the portfolio, providing a uniform multifamily asset with individually parceled residences.
Key Highlights
- 36‑unit multifamily property with single‑story duplex residences
- Two‑bedroom, one‑bath units averaging 867 square feet
- Constructed in 1999 with all‑brick exteriors
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 47170, IN
14,877
Population
6,313
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
83%
High-School Grad
146.3 sq mi
ZIP Area
102
Density / Sq Mi
$57,661
Median Household Income
$41,603
Median Earnings
$831
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Low-density multifamily property with private driveways, patios, and in-unit washer/dryer connections.
Where is this multifamily property located?
The property is located at 220 Harrison St Scottsburg, IN.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 36‑unit multifamily property with single‑story duplex residences; Two‑bedroom, one‑bath units averaging 867 square feet; Constructed in 1999 with all‑brick exteriors
