Search
Three-Unit Residential Income Property
For Sale
Contact for pricing

6290 S State Road 10, Knox, IN 46534

Three-unit property on nearly three acres with deeded Bass Lake access and a newly remodeled third unit.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market57

Property Features for 6290 S State Road 10

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype Multifamily

Additional Details

Business Included Yes
Road Access Yes
Multifamily Units 3

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: RE/MAX 1st Choice
Listed By: Jason Wampler · License #IN RB14035810
Source: Crexi
Added: Jun 17 Changed: Aug 10 Last Checked: Aug 11 at 10:47AM

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 RE/MAX 1st Choice

Investment Insights

Based on property information with market context.

This three-unit residential income property sits on nearly 3 acres and provides an outdoor setting with lawn space and parking. The third unit has been newly remodeled with new paint and flooring, offering a refreshed interior within the property’s three separate living units. The overall layout supports an owner/occupant or investor approach where multiple rental homes share one site.

The property is located on S State Road 10 in Knox, Indiana, and is associated with deeded Bass Lake access that’s described as within walking distance. That lake access can be a meaningful lifestyle feature for residents and guests, adding recreational value to the rental setting.

For buyers seeking a straightforward, multi-unit hold, this asset offers the benefit of three separate units on a sizeable parcel and includes at least one unit that has received recent interior updates. Prospective tenants may also value the outdoor space and on-site parking, while the nearby Bass Lake access adds an additional reason to consider the property as a year-round or seasonal rental option.

Key Highlights

  • 3‑unit investment property built in 1945 on nearly 3 acres (S SR 10, Knox).
  • Deeded Bass Lake access within walking distance for residents and guests.
  • 3rd unit newly remodeled with new paint and flooring.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Cafe & Coffee Shop Restaurant Food Market Hotel & Motel 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.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 46534, IN

11,247
Population
5,614
Households
2
Avg Household Size
43
Median Age
12%
College-Educated
84%
High-School Grad
119.9 sq mi
ZIP Area
94
Density / Sq Mi
$60,248
Median Household Income
$32,470
Median Earnings
$634
Median Rent
$159,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property on nearly three acres with deeded Bass Lake access and a newly remodeled third unit.
Where is this triplex located?
The property is located at 6290 S State Road 10 Knox, IN.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: 3‑unit investment property built in 1945 on nearly 3 acres (S SR 10, Knox).; Deeded Bass Lake access within walking distance for residents and guests.; 3rd unit newly remodeled with new paint and flooring.
(574) 772-5784 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message