6-Unit Apartment
New
For Sale
$525,000
407 W Washington St, Lebanon, IN 46052
Two buildings offer individual HVAC systems and in-unit washer and dryer hookups throughout.
Property Size5,776 SF
Price / SF$90.89
Days on Market3
Property Features for 407 W Washington St
General Information
Standard status
Active
Size
5,776 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Year Built
1920
Buildings
2
Listing Agency:
The Modglin Group
Listed By:
The James Embry Team
(317) 903-0262
Source:
Jamesembry
Added: Oct 11
Last Checked: Oct 12 at 7:32PM
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 The Modglin Group
Investment Insights
Based on property information with market context.
This 5,776-square-foot apartment property contains six units across two buildings: a four-unit structure and a separate two-unit structure. Five apartments have been renovated. Each unit has its own HVAC system and washer and dryer hookups. The property was built in 1920 and received a new roof in 2023. Electric service is separately metered, and off-street parking is provided.
At 407 W Washington St in Lebanon, the property is two blocks from downtown shops and dining, with I-65 about a five-minute drive away.
At 407 W Washington St in Lebanon, the property is two blocks from downtown shops and dining, with I-65 about a five-minute drive away.
Key Highlights
- Six apartments in two buildings: four units in one structure and two in the other
- 5,776 square feet; built in 1920
- Five units have been renovated
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
Demographics for 46052, IN
22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings offer individual HVAC systems and in-unit washer and dryer hookups throughout.
Where is this apartment building located?
The property is located at 407 W Washington St Lebanon, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Six apartments in two buildings: four units in one structure and two in the other; 5,776 square feet; built in 1920; Five units have been renovated
