230-240 Hoosier Street North Vernon, IN 47265

Building Details

Year Built

1971

Listing office Coldwell Banker Martin Miller Lamb j***@yahoo.com Show Phone

Listing date Jul 22, 2025

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Investment Insights

Based on property information with market context.

This property features a 12-unit apartment building, comprising six 2-bedroom units and six 1-bedroom units, presenting an opportunity for investors and entrepreneurs. In addition to the apartments, there is a 2,150 sq. ft. building that includes a small laundry room, which offers the potential for expansion to serve the public or accommodate another business venture. The property includes an asphalt parking lot and a small grassy area for outdoor enjoyment. All apartments are equipped with kitchen appliances and have undergone numerous updates within the last 3 years. The location is near the post office, city park, and downtown area.

Key Highlights

• 12‑unit apartment building offers immediate rental income potential with a mix of 2‑bedroom and 1‑bedroom units.
• Additional 2,150 sq. ft. building provides opportunity for business expansion or additional income streams.
• Many recent updates within the last 3 years enhance property value and reduce maintenance costs.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Apartment building - 12-unit apartment building with additional building for business ventures.

Where is this apartment building located?

The property is located at 230-240 Hoosier Street North Vernon, IN.

What is the asking price?

The asking price for this property is $749,900.

What are key features of this property?

This property features: 12‑unit apartment building offers immediate rental income potential with a mix of 2‑bedroom and 1‑bedroom units.; Additional 2,150 sq. ft. building provides opportunity for business expansion or additional income streams.; Many recent updates within the last 3 years enhance property value and reduce maintenance costs.