230-240 Hoosier Street North Vernon, IN 47265
12-unit apartment building with additional building for business ventures.
Type:Commercial Sale / Multi-Family 5+
Property size:
11,306 SF- Added:
- Aug 9, 2025
- Days on Market:
- 251
- Last Refresh:
- Mar 13 at 4:08 pm
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 agent Jerry Lamb License #RB14035661 (812) 346-5881
Listing office Coldwell Banker Martin Miller Lamb (812) 346-5881
Listing date Aug 9, 2025
Source Compass
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
Overview
Multifamily Building with Business Potential
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.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- North Vernon
- County
- Jennings
- State
- Indiana
- Longitude
- -85.626802
- Latitude
- 39.008265
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.
