19-Unit Multifamily
For Sale
$1,500,000
309 Southeast 2nd Street, Washington, IN 47501
Income-producing rental portfolio with professional management already in place and tenant occupancy rights preserved.
Property Size3,269 SF
Price / SF$458.86
Days on Market629
Property Features for 309 Southeast 2nd Street
General Information
Standard status
Active
Size
3,269 SF
Property subtype
Multi Family / Other
Lease Term
1 Year
Additional Details
Gross Income
$201,372
Multifamily Units
19
Taxes and HOA fees
Annual Taxes
$21,548
Amenities
Window
2
Yes
Finished
4
Gas
1
16
Full Basement, Unfinished
8
No
Shingle, Vinyl
Ceiling Fan, Off Street Parking, Storage, Closet(s) Walk-in, Eat-In Kitchen, Porch Open, Water Heater Gas
Building Details
Year Built
1890
Units
18
Listing Agency:
Integrity Realty Group LLC
(812) 787-2683
Listed By:
Delmar Wagler · License #RB14043050
(812) 787-2683
Source:
Compass
Added: Dec 10, 2024
Changed: Aug 30
Last Checked: Aug 30 at 12:39PM
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 Integrity Realty Group LLC
Investment Insights
Based on property information with market context.
This offering comprises a 19-unit multifamily rental portfolio being sold together. The package is professionally managed and currently operating with tenants in place. The property record for 309 Southeast 2nd Street identifies a 3,269-square-foot building constructed in 1890, with a full unfinished basement, gas water heating, an open porch, walk-in storage, an eat-in kitchen, ceiling fans, and off-street parking.
The portfolio includes properties at 211 S Meridian Street, 107 NE 2nd St, 601 N St Rd 57, 312 N St Rd 57, 308 N St Rd 57, 309 SE 2nd St, and 301 N Meridian St in Washington, Indiana. The properties are being offered as one package and remain subject to tenants’ rights.
The portfolio includes properties at 211 S Meridian Street, 107 NE 2nd St, 601 N St Rd 57, 312 N St Rd 57, 308 N St Rd 57, 309 SE 2nd St, and 301 N Meridian St in Washington, Indiana. The properties are being offered as one package and remain subject to tenants’ rights.
Key Highlights
- 19 rental units offered together as one portfolio
- Professional property manager already in place
- 3,269‑square‑foot building at 309 Southeast 2nd Street
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Demographics for 47501, IN
18,003
Population
7,696
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
139.4 sq mi
ZIP Area
129
Density / Sq Mi
$60,476
Median Household Income
$36,750
Median Earnings
$857
Median Rent
$155,600
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 - Income-producing rental portfolio with professional management already in place and tenant occupancy rights preserved.
Where is this multifamily property located?
The property is located at 309 Southeast 2nd Street Washington, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 19 rental units offered together as one portfolio; Professional property manager already in place; 3,269‑square‑foot building at 309 Southeast 2nd Street
