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Two-Unit Duplex
New
For Sale
$74,900

506 S Meridian Street, Jasonville, IN 47438

MULTI-FAMILY, Jasonville, IN

Property SizeContact for details
Days on Market2

Property Features for 506 S Meridian Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Patio and Porch features Patio
Interior features Vinyl Floors, Carpet
Exterior features Paved Street, Gutters/Storm Drain
Appliances Elec. Range/Oven
Elementary school Shakamak
Middle school Shakamak JH
High school Shakamak HS
Subdivision GREENE COUNTY
Standard status Active
APN 28-05-04-334-049.000-023

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Listing Agency: EMMERT REALTY
Listed By: Molly Schopmeyer
Added: Nov 5 Last Checked: Nov 6 at 12:06PM
MLS# 110918

Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two vacant residences. Both have a living room, eat-in kitchen, full bathroom and bedroom; the north-side unit also includes a walk-in closet and washer/dryer hookup. Interior finishes include vinyl flooring and carpet, and the units have been painted and received new carpeting. Heating is forced air with natural gas, and central air conditioning is installed. An electric range/oven is included.

The property has a patio, a large backyard, gutters and storm drainage. The street is paved. Under the prior utility arrangement, residents paid their own electricity while the owner covered the other utilities.

Key Highlights

  • Two residences; both are currently vacant
  • North unit has a walk‑in closet and washer/dryer hookup
  • Forced‑air natural gas heat and central air conditioning

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 47438, IN

4,032
Population
1,854
Households
2.2
Avg Household Size
43
Median Age
9%
College-Educated
90%
High-School Grad
60.4 sq mi
ZIP Area
67
Density / Sq Mi
$45,313
Median Household Income
$24,548
Median Earnings
$779
Median Rent
$97,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a living room, eat-in kitchen and full bath.
Where is this duplex located?
The property is located at 506 S Meridian Street Jasonville, IN.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Two residences; both are currently vacant; North unit has a walk‑in closet and washer/dryer hookup; Forced‑air natural gas heat and central air conditioning
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