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Medical and Residential Income Portfolio
For Sale
$1,200,000

334B N 7th St, Cannelton, IN 47520

COMMERCIAL - Cannelton, IN

Property Size19,854 SF
Lot Size3.14 Acres
Price / SF$60.44
Days on Market98

Property Features for 334B N 7th St

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 18
Full bathrooms 18
Rooms Bathroom 14, Bathroom 8, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 7, Bathroom 11, Bathroom 5, Bathroom 18, Bathroom 9, Bathroom 17, Bathroom 15, Bathroom 16, Bathroom 13, Bathroom 4, Bathroom 10, Bathroom 3, Bathroom 12
Standard status Active
Size 19,854 SF
Lot size 3.14 Acres

Building Details

Year built 1920
Listing Agency: Indiana Realty Group
Listed By: Patricia Seibert
Added: May 21 Changed: Aug 4 Last Checked: Aug 26 at 10:06PM
MLS# 11780668

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The portfolio for sale includes 20 properties: 17 homes, a former medical building, and two vacant lots. One of the vacant lots is currently pending. The total lot size is listed at 3.14 acres, with an indicated property size of 19,854 square feet across the package.

The properties are offered together under an address at 334B N 7th St in Cannelton, Indiana, in Perry County. This single package format is designed for buyers who want multiple property types within one transaction.

For tenants, buyers, or operators, the mix of residential homes alongside a former medical building can support a flexible holding strategy within one purchase. The presence of two vacant lots also provides additional flexibility for future use or disposition, while the current status of one lot pending should be confirmed as part of due diligence.

Key Highlights

  • 20‑property portfolio with 17 homes
  • Includes a former medical building
  • Also includes 2 vacant lots

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 47520, IN

3,230
Population
1,407
Households
2.3
Avg Household Size
41
Median Age
12%
College-Educated
91%
High-School Grad
81.2 sq mi
ZIP Area
40
Density / Sq Mi
$52,969
Median Household Income
$43,333
Median Earnings
$729
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Single family property - Portfolio for sale with 17 homes, a former medical building, and two vacant lots in Perry County, Indiana.
Where is this single family property located?
The property is located at 334B N 7th St Cannelton, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 20‑property portfolio with 17 homes; Includes a former medical building; Also includes 2 vacant lots
More about this property
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