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10-Unit Renovated Apartment Building

525 N Gardner Street, Scottsburg, IN 47170

For Sale
$795,000

Commercial, Vienna, IN

Property Size4,531 SF
Lot Size0.35 Acres
Price / SF$175.46
Days on Market139

Property Features for 525 N Gardner Street

General Information

Property type Commercial Sale
Property subtype Other
Directions I-65N to exit 29 East on McLain Ave to Gardner St (Hwy 31), left on Gardner, property on the right.
Standard status Active
APN 0078330519
Size 4,531 SF
Lot size 0.35 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 4049
Tax Description NE1/4 NEQR 19-3-7 .35A WATERSHED
Tax Annual Amount 2724
Legal Description NE1/4 NEQR 19-3-7 .35A WATERSHED

Building Details

Year built 1949
Listing Agency: eXp Realty, LLC
Listed By: William Andes
Added: Jun 25 Changed: Nov 8 Last Checked: Nov 10 at 4:06AM
MLS# 202609450

Copyright © 2026 Southern Indiana REALTORS Association. 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.

This 10-unit apartment property contains 4,531 square feet on a 0.35-acre site. Built in 1949, the building has undergone renovations throughout its apartments and is fully leased. The property is offered as-is.

Key Highlights

  • 10 apartment units, all leased
  • 4,531 square feet on a 0.35‑acre site
  • Renovations completed throughout the apartments

Property Analytics

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

10
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 47170, IN

14,877
Population
6,313
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
83%
High-School Grad
146.3 sq mi
ZIP Area
102
Density / Sq Mi
$57,661
Median Household Income
$41,603
Median Earnings
$831
Median Rent
$148,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - All residences are leased, and recent interior updates provide refreshed living spaces.
Where is this apartment building located?
The property is located at 525 N Gardner Street Scottsburg, IN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10 apartment units, all leased; 4,531 square feet on a 0.35‑acre site; Renovations completed throughout the apartments
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