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Single-Story Duplex Apartment Portfolio

301 W Walnut St North Vernon, IN 47265

301 W Walnut St, North Vernon, IN, 47265
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For Sale
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Eight 1973-built duplex-style buildings include sixteen two-bedroom, one-bath units and are offered with a separate apartment portfolio.

Days on Market105

Property Features for 301 W Walnut St

General Information

Standard status
Active
Property subtype
Multifamily
Listing agency Ellsbury Group
Listed by David Orton · License #RB14052148
Source Crexi
Added: Apr 10 Updated: Jul 22 at 11:16PM Checked: Jul 22 at 11:16PM

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 Ellsbury Group


Investment Insights

Based on property information with market context.

This offering includes eight (8) duplex-style apartment buildings constructed in 1973, built as single-story units. The portfolio totals sixteen (16) two-bedroom, one-bath units in a duplex configuration. The public remarks indicate the properties are located across two sites, with the two locations separated by about 1.4 miles from each other.

The seller will not consider offers for the duplex-style units by themselves; the duplex buildings must be purchased together with Sycamore Manor, a twenty-four (24) unit garden-style apartment portfolio. The public remarks describe the investment framing around rental housing demand and utility allowance considerations, including discussion of a Low Income Tax Voucher Program and potential changes to utility allowance treatment for tenants.

Key Highlights

  • Walnut Square and Tipton Park feature 8 buildings at 2 locations, both about 1.4 miles apart.
  • Constructed in 1973, with 16 duplex‑style units total (single‑story).
  • Unit mix: sixteen 2‑bedroom, 1‑bath units.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Catering Service Home Appliance Store Plumbing Service Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Eight 1973-built duplex-style buildings include sixteen two-bedroom, one-bath units and are offered with a separate apartment portfolio.
Where is this duplex located?
The property is located at 301 W Walnut St North Vernon, IN.
What are key features of this property?
This property features: Walnut Square and Tipton Park feature 8 buildings at 2 locations, both about 1.4 miles apart.; Constructed in 1973, with 16 duplex‑style units total (single‑story).; Unit mix: sixteen 2‑bedroom, 1‑bath units.
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