14-Unit Apartment
408 N Jefferson Street Converse, IN 46919
408 N Jefferson Street, Converse, IN, 46919
$715,000
Pending
For Sale
$715,000
Pending
MULTI_FAMILY - Converse, IN
Property Size7,880 SF
Lot Size0.45 Acres
Days on Market48
Property Features for 408 N Jefferson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 18
- Bathrooms
- 14
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 14, Bathroom 13, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 10, Bathroom 14, Bedroom 18, Bedroom 5, Bathroom 12, Bedroom 8, Bathroom 9, Bathroom 5, Bathroom 1, Bedroom 10, Bedroom 11, Bedroom 17, Bathroom 11, Bedroom 12, Bathroom 6, Bedroom 13, Bathroom 7, Bedroom 9, Bedroom 2, Bathroom 8, Bedroom 16, Bedroom 15, Bedroom 1
- Parking
- 14
- Standard status
- Pending
- APN
- 52-16-29-401-037.000-011
- Size
- 7,880 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CONVERSE AD LOTS 354, 355 & 356 DA 687 21 032 01000
- Tax Annual Amount
- 6010
Building Details
- Year built
- 1970
- Number of units
- 14
- Flooring type
- Mixed
- Roof type
- Shingle
Listing Agency
CENTURY 21 Bradley Realty, Inc
(260) 399-1177
2928 E Dupont Road, Fort Wayne, IN
Listed by
Jonathan Preusz · License #RB19000148
(765) 667-1990
Added: Jun 2 Checked: Jul 19 at 10:06 am
MLS# 202621117
Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. 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.
This 14-unit apartment complex is made up of three separate buildings: two triplexes and one 8-plex. The unit mix includes four 2-bedroom/1-bath units and ten 1-bedroom/1-bath units. The 8-plex features a 2-story design and includes on-site laundry facilities. Laundry equipment is commercial-grade and provided and maintained by a third-party vendor, supporting additional monthly income. The property also has a highly accessible configuration, with ten units offering ground-level entry.
The complex is located directly on Jefferson Street in Converse, Indiana. It is adjacent to a Dollar General, supporting convenient day-to-day access for residents. The property is served by the Oak Hill United School Corporation. Roof replacements were completed approximately five years ago, addressing a major maintenance item.
From an ownership standpoint, the property is structured for practical, manageable operations across three buildings, with a clear unit mix and most units designed for easier entry. Unit #1 is currently undergoing renovations, and the majority of materials have already been purchased and will convey with the sale, allowing the new owner to complete the work and begin capturing rental income from the renovated unit. Current rent roll and operating expense details are available upon request for qualified buyers, and showings are by appointment only.
The complex is located directly on Jefferson Street in Converse, Indiana. It is adjacent to a Dollar General, supporting convenient day-to-day access for residents. The property is served by the Oak Hill United School Corporation. Roof replacements were completed approximately five years ago, addressing a major maintenance item.
From an ownership standpoint, the property is structured for practical, manageable operations across three buildings, with a clear unit mix and most units designed for easier entry. Unit #1 is currently undergoing renovations, and the majority of materials have already been purchased and will convey with the sale, allowing the new owner to complete the work and begin capturing rental income from the renovated unit. Current rent roll and operating expense details are available upon request for qualified buyers, and showings are by appointment only.
Key Highlights
- 14‑unit apartment complex in Converse, located directly on Jefferson St (main road).
- Property is made up of three buildings: two triplexes and one 8‑plex.
- Unit mix: (4) 2BD/1BA units and (10) 1BD/1BA units.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jefferson Court Apartments
Apartment Building
FAQs
What type of property is this?
Apartment building - Three-building 14-unit apartment complex with ground-level entries and on-site laundry facilities.
Where is this apartment building located?
The property is located at 408 N Jefferson Street Converse, IN.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 14‑unit apartment complex in Converse, located directly on Jefferson St (main road).; Property is made up of three buildings: two triplexes and one 8‑plex.; Unit mix: (4) 2BD/1BA units and (10) 1BD/1BA units.
