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Renovated 10-Unit Apartment Building
For Sale
$795,000

525 N Gardner St, Scottsburg, IN 47170

Updated multifamily property with full occupancy, on-site parking, and convenient access to outdoor recreation and daily amenities.

Property Size4,531 SF
Price / SF$175.46
Days on Market42

Property Features for 525 N Gardner St

General Information

Standard status Active
Size 4,531 SF
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 10

Building Details

Year Built 1949
Listing Agency: eXp Realty, LLC
Listed By: William Andes · License #RB23001568
Source: Adventurealty
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 6:02PM

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 10-unit apartment property, built in 1949, has undergone recent renovations throughout the units. The building contains 4,531 square feet and is fully leased, with an efficient layout and on-site parking supporting residential operations.

The property is positioned near Lake Lola Park, which provides walking trails and open green space. Downtown amenities and I-65 are also within convenient reach, connecting residents with dining, shopping, everyday services, and regional commuting routes.

Key Highlights

  • 10‑unit apartment complex with 4,531 square feet
  • Fully leased residential property
  • Recent renovations throughout the units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Storage Facility Real Estate Agency Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with full occupancy, on-site parking, and convenient access to outdoor recreation and daily amenities.
Where is this apartment building located?
The property is located at 525 N Gardner St 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‑unit apartment complex with 4,531 square feet; Fully leased residential property; Recent renovations throughout the units
More about this property
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