Corner 5-Unit Multifamily
For Sale
Contact for pricing
702 EAST ST, New Harmony, IN 47631
Two-story wood-frame 5-unit rental property on a corner lot in New Harmony, Indiana.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market155
Property Features for 702 EAST ST
General Information
Standard status
Active
Lot size
0.23 Acres
Property subtype
Mixed Use
Additional Details
Multifamily Units
5
Building Details
Year Built
1977
Stories
2
Tenancy
Multi
Listing Agency:
William Wilson Auction Center
Listed By:
Andrew Wilson · License #IN AU198003110
Source:
Crexi
Added: May 20
Changed: Oct 14
Last Checked: Oct 20 at 9:25PM
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 William Wilson Auction Center
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Investment Insights
Based on property information with market context.
This 5-unit multifamily property features a two-story wood-frame construction on a corner 0.23-acre lot. The asset is positioned as an income-producing rental opportunity in New Harmony, with showings requiring at least 24 hours’ notice to respect tenant privacy.
The property is described as being just blocks from the town’s historic commercial area, providing convenient access to local retail and amenities. It also notes proximity to Mount Vernon and Evansville for commuters in the surrounding tri-state area.
A proforma is available upon request. The property is offered for sale.
The property is described as being just blocks from the town’s historic commercial area, providing convenient access to local retail and amenities. It also notes proximity to Mount Vernon and Evansville for commuters in the surrounding tri-state area.
A proforma is available upon request. The property is offered for sale.
Key Highlights
- 5‑unit multi‑family property in historic New Harmony, Indiana
- Two‑story wood‑frame construction with 1977 year built
- Located on a corner 0.23‑acre lot
Property Analytics
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Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
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Business Placement
Demographics for 47631, IN
1,908
Population
1,001
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
93%
High-School Grad
59.4 sq mi
ZIP Area
32
Density / Sq Mi
$60,509
Median Household Income
$39,611
Median Earnings
$875
Median Rent
$184,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story wood-frame 5-unit rental property on a corner lot in New Harmony, Indiana.
Where is this apartment building located?
The property is located at 702 EAST ST New Harmony, IN.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 5‑unit multi‑family property in historic New Harmony, Indiana; Two‑story wood‑frame construction with 1977 year built; Located on a corner 0.23‑acre lot
