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Two-Story Multifamily Community
For Sale
Contact for pricing
Pending

637 E Oak St, Seymour, IN 47274

Oak Estates offers 76 rental units across eight two-story buildings, with ongoing exterior and unit upgrades.

Property SizeContact for details
Days on Market355

Property Features for 637 E Oak St

General Information

Standard status Pending
Class B
Property subtype Multifamily
Occupancy 98%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 76

Building Details

Year Built 1991
Year Renovated 2005
Buildings 8
Stories 2
Tenancy Multi
Listing Agency: Triad Real Estate Partners
Listed By: Brent Silcox · License #IN RB14047844
Source: Crexi
Added: Sep 18, 2025 Changed: Aug 8 Last Checked: Jul 25 at 7:51AM

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 Triad Real Estate Partners

Investment Insights

Based on property information with market context.

Oak Estates is a 76-unit multifamily property in Seymour, Indiana, made up of eight well-maintained, two-story buildings. The community includes a mix of one-bedroom, one-bath units and two-bedroom, two-bath units.

Recent capital improvements include replacement of roof components, stair tread replacements, installation of new washer and dryers in 59 units, and ongoing balcony replacement or repairs. Exterior work completed includes resurfacing the parking lot in August 2025, replacing and repairing exterior hallway entry doors in August 2025, painting hallway entries in August 2025, caulking exterior windows in August 2025, and installing new exterior lighting in August 2025.

The property is positioned for investors seeking a stable operating base, supported by the owner’s rent increases referenced in the materials and the documented recent refresh and replacement program.

Key Highlights

  • 76‑unit multifamily property in eight well‑maintained, two‑story buildings
  • Built in 1991 and made up of 1BD/1BA and 2BD/2BA units
  • Recent capital improvements include roof, gutters, and spouts replaced three years ago

Property Analytics

Current Use

Oak Estates Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Garden Center Carpet & Flooring Store

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

76
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 47274, IN

33,035
Population
13,590
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
214.7 sq mi
ZIP Area
154
Density / Sq Mi
$72,186
Median Household Income
$44,320
Median Earnings
$956
Median Rent
$187,800
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 - Oak Estates offers 76 rental units across eight two-story buildings, with ongoing exterior and unit upgrades.
Where is this apartment building located?
The property is located at 637 E Oak St Seymour, IN.
What are key features of this property?
This property features: 76‑unit multifamily property in eight well‑maintained, two‑story buildings; Built in 1991 and made up of 1BD/1BA and 2BD/2BA units; Recent capital improvements include roof, gutters, and spouts replaced three years ago
More about this property
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