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Downtown 24-Unit Apartment Building

430 Central Avenue Connersville, IN 47331

430 Central Avenue, Connersville, IN, 47331
$1,600,000
For Sale
$1,600,000

Well-maintained 24-unit apartment building with updated interiors and shared on-site laundry facilities.

Property Size28,836 SF
Price / SF$55.49
Days on Market152

Property Features for 430 Central Avenue

General Information

Standard status
Active
Size
28,836 SF
Property subtype
Commercial Sale / Multi-Family 5+

Building Details

Year Built
1900
Listing agency eXp Realty, LLC
Listed by Nicholas Lucas · License #RB14049235
Source Compass
Added: Feb 19 Updated: Jul 20 at 5:27PM Checked: Jul 21 at 6:27AM

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 eXp Realty, LLC


Investment Insights

Based on property information with market context.

This well-maintained 24-unit apartment building offers move-in-ready living spaces, with units fully updated between 2023 and 2024. Improvements include new flooring, fresh paint, modern kitchens, and renovated bathrooms.

The property includes a shared laundry room with three coin-operated washers and three coin-operated dryers, along with resident folding stations. An 18-space private parking lot is on-site, with additional street parking available along the north and west sides of the building.

The building is positioned in the heart of downtown Connersville and is presented as a turnkey investment opportunity with the major interior upgrades already completed.

Key Highlights

  • Well‑maintained 24‑unit apartment building in downtown Connersville
  • All units fully updated between 2023–2024 with new flooring, fresh paint, modern kitchens, and renovated bathrooms
  • Shared laundry room includes three coin‑operated washers, three coin‑operated dryers, and folding stations

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Parking Lot & Garage Skin Care Clinic Electrical Service HVAC Service Law Firm

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

FAQs

What type of property is this?
Apartment building - Well-maintained 24-unit apartment building with updated interiors and shared on-site laundry facilities.
Where is this apartment building located?
The property is located at 430 Central Avenue Connersville, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well‑maintained 24‑unit apartment building in downtown Connersville; All units fully updated between 2023–2024 with new flooring, fresh paint, modern kitchens, and renovated bathrooms; Shared laundry room includes three coin‑operated washers, three coin‑operated dryers, and folding stations
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