Multifamily Building with Business
230-240 Hoosier Street North Vernon, IN 47265
230-240 Hoosier Street, North Vernon, IN, 47265
$749,900
For Sale
$749,900
12-unit apartment building with additional building for business ventures.
Property Size11,306 SF
Price / SF$66.33
Days on Market361
Property Features for 230-240 Hoosier Street
General Information
- Standard status
- Active
- Size
- 11,306 SF
- Property subtype
- Commercial Sale / Multi-Family 5+
Building Details
- Year Built
- 1971
Listing Agency
Coldwell Banker Martin Miller Lamb
(812) 346-5881
Listed by
Jerry Lamb · License #RB14035661
(812) 346-5881
Source
Compass
Added: Jul 22, 2025 Checked: Jul 17 at 5:17 am
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 Coldwell Banker Martin Miller Lamb
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
Current Use by Public Records
Apartment buildings
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.
