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Lower-Level Multifamily Apartment
For Sale
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529 9th Street, Grandview, IN 47615

Two-bedroom apartment with a rear patio and clearly defined tenant and landlord utility responsibilities.

Property SizeContact for details
Days on Market11

Property Features for 529 9th Street

General Information

Standard status Active
Property subtype Multi-Unit (2-4)

Amenities

Percentage of Tax that is Deductable: 0
Wall/Window AC: 1
Electric Heat Fuel
Rental, Sale Type: Foreclosure
2 Bedrooms
Smoking Not Allowed
One Full Bath
Pets Not Allowed
Oven, Refrigerator
Listing Agency: Turnkey Realty & Property Management
Listed By: Caty Litherland
Source: Doyle-realty
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 30 at 4:45PM

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 Turnkey Realty & Property Management

Investment Insights

Based on property information with market context.

This lower-level apartment includes two bedrooms, one full bathroom, and a rear patio. The unit does not have washer or dryer hookups. Electric service is paid by the tenant, while the landlord covers water expenses.

The property is located at 529 9th Street in Grandview, Indiana. Area schools identified in the property information include Rockport-Ohio Elementary School, South Spencer Middle School, and South Spencer High School, all within the South Spencer County School Corporation.

Key Highlights

  • Two‑bedroom, one‑full‑bathroom lower‑level apartment
  • Rear patio provides outdoor space
  • Tenant pays electric service; landlord pays water

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Law Firm Wine and Liquor Store Restaurant Bar & Pub

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

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 47615, IN

1,477
Population
740
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
38.3 sq mi
ZIP Area
39
Density / Sq Mi
$60,250
Median Household Income
$37,467
Median Earnings
$877
Median Rent
$168,100
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?
Multifamily property - Two-bedroom apartment with a rear patio and clearly defined tenant and landlord utility responsibilities.
Where is this multifamily property located?
The property is located at 529 9th Street Grandview, IN.
What are key features of this property?
This property features: Two‑bedroom, one‑full‑bathroom lower‑level apartment; Rear patio provides outdoor space; Tenant pays electric service; landlord pays water
More about this property
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