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Three-Unit Income Property with Garage
For Sale
$128,900
Pending

623 12th St, Tell City, IN 47586

Three-unit residential setup includes a 30x30 garage, with a studio, 1 bed/1 bath, and 2 bed/1 bath layout.

Property Size2,262 SF
Days on Market64

Property Features for 623 12th St

General Information

Standard status Pending
Size 2,262 SF
Property subtype Multi-Unit (2-4)

Additional Details

Business Included Yes
Multifamily Units 3

Amenities

Lot Size Acres: 0.13
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Garage Type: Detached
Has Central AC: 1
Sale, Sale Type: Foreclosure
3 Bedrooms
Built in 1930
Property Township: Troy
Above Area Square Feet: 2262
3 Full Baths
Water Source: Municipal, Natural Gas Available

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: Indiana Realty Group
Listed By: Amanda Litherland
Source: Doyle-realty
Added: Jul 6 Changed: Aug 7 Last Checked: Aug 4 at 4:56AM

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 Indiana Realty Group

Investment Insights

Based on property information with market context.

This three-unit residential income property features a studio unit in the front, a 1 bed/1 bath unit in the middle, and a 2 bed/1 bath unit at the back. The property also includes a 30x30 garage, and the public remarks note beautiful wood floors throughout.

The address is 623 12th St in Tell City, Indiana. The property is served by William Tell Elementary School and Tell City Jr-Sr High School, part of the Tell City-Troy Township School Corporation.

For rent and other operating specifics, please contact the listing agent for details. The public remarks indicate the property is ready to go.

Key Highlights

  • Three‑unit apartment building built in 1930
  • Unit mix includes a studio, a 1 bed/1 bath, and a 2 bed/1 bath
  • Includes a 30x30 garage on the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Skin Care Clinic HVAC Service Home Appliance Store Florist

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 47586, IN

11,027
Population
5,197
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
93%
High-School Grad
97.0 sq mi
ZIP Area
114
Density / Sq Mi
$58,641
Median Household Income
$43,035
Median Earnings
$665
Median Rent
$137,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three-unit residential setup includes a 30x30 garage, with a studio, 1 bed/1 bath, and 2 bed/1 bath layout.
Where is this triplex located?
The property is located at 623 12th St Tell City, IN.
What is the asking price?
The asking price for this property is $128,900.
What are key features of this property?
This property features: Three‑unit apartment building built in 1930; Unit mix includes a studio, a 1 bed/1 bath, and a 2 bed/1 bath; Includes a 30x30 garage on the property
More about this property
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