Multifamily

Connersville, IN Multifamily Properties for Sale

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Residential Income Mobile Home Portfolio
Updated: Jul 2
Residential Income Mobile Home Portfolio

1205 W 12th Street, Connersville, IN 47331

$100,000
0.56 AC lot
Multi‑unit package includes one occupied 2BR/1BA stick‑built home built in 1950 plus 4 mobile homes
Income figures: $18,660/year gross based on full occupancy (main home plus 4 trailers)
Current rents: main home $375/mo; rented mobile home $425/mo; two tenant‑owned mobile homes $165/mo each
Second stick‑built home on‑site is vacant and needs repair
All tenants are on flexible month‑to‑month leases; landlord pays water
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Downtown 24-Unit Apartment Building
Updated: Feb 19
Downtown 24-Unit Apartment Building

430 Central Avenue, Connersville, IN 47331

$1,600,000
28,836 sqft
Well‑maintained 24‑unit apartment building in downtown Connersville
All units fully updated between 2023–2024 with new flooring, fresh paint, modern kitchens, and renovated bathrooms
Shared laundry room includes three coin‑operated washers, three coin‑operated dryers, and folding stations
18‑space private parking lot, with additional street parking along the north and west sides
Unfinished basement provides storage space
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 2 Active listings in Connersville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Duplex with Private Garages
Two-Unit Duplex with Private Garages

1618 Plymouth Drive, New Castle, IN 47362

$229,900
0.21 AC lot

Well-maintained duplex with two separate units, each offering 2 bedrooms, 1.5 bathrooms, and a private detached garage.

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Duplex with Attached Garage
Duplex with Attached Garage

761-763 SW 15th Street, Richmond, IN 47374

$259,900
2,384 sqft 0.21 AC lot

Two townhouse units with an open main level, two bedrooms each, and an attached car garage.

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Mixed-Use Retail Property with Apartments
Mixed-Use Retail Property with Apartments

1001 S E Street, Richmond, IN 47374

$279,900
0.27 AC lot

Two street-level retail suites and two upstairs apartments with separate entrances, plus storage/workshop and office space.

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Downtown 6-Unit Apartment Building
Downtown 6-Unit Apartment Building

2702 Broad St, New Castle, IN 47362

$175,000

Six-unit apartment property with exterior, electrical, and plumbing improvements already completed for continued renovation.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Land Off US HWY
Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500
2.27 AC lot

2.27 acres with excellent visibility and easy access.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Off-Market Properties in Connersville, IN

Consider similar Off-Market properties in Connersville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1301 Westwood Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1301 Westwood Blvd, Connersville, IN 47331-1579

Value Estimation by Request
3,120 sqft 0.36 AC lot
View details
421 13th St
MOBILE HOME PARK, TRAILER PARK

421 13th St, Connersville, IN 47331-2783

Value Estimation by Request
0.62 AC lot
View details
733 Maple St, Unit 739
APARTMENT HOUSE (UNDER 5 UNITS)

733 Maple St, Connersville, IN 47331-1136

Unit 739
Value Estimation by Request
3,168 sqft 0.35 AC lot
View details
1212 12th St
MOBILE HOME PARK, TRAILER PARK

1212 12th St, Connersville, IN 47331-7950

Value Estimation by Request
5.79 AC lot
View details
429 Hl St
APARTMENT HOUSE (UNDER 5 UNITS)

429 Hl St, Connersville, IN 47331-1570

Value Estimation by Request
3,510 sqft 0.23 AC lot
View details
1305 Westwood Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1305 Westwood Blvd, Connersville, IN 47331-1578

Value Estimation by Request
3,120 sqft 0.31 AC lot
View details
820 Western Ave
APARTMENT HOUSE (UNDER 5 UNITS)

820 Western Ave, Connersville, IN 47331-1601

Value Estimation by Request
3,060 sqft 0.17 AC lot
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801 Western Ave
APARTMENT HOUSE (UNDER 5 UNITS)

801 Western Ave, Connersville, IN 47331

Value Estimation by Request
8,244 sqft 0.14 AC lot
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120 Teviston St, Unit 126
APARTMENT HOUSE (UNDER 5 UNITS)

120 Teviston St, Connersville, IN 47331-3100

Unit 126
Value Estimation by Request
3,630 sqft 0.19 AC lot
View details
147 Smt Ave
APARTMENT HOUSE (UNDER 5 UNITS)

147 Smt Ave, Connersville, IN 47331-1576

Value Estimation by Request
1,504 sqft 0.45 AC lot
View details
421 Smt Ave
APARTMENT HOUSE (UNDER 5 UNITS)

421 Smt Ave, Connersville, IN 47331-1997

Value Estimation by Request
2,028 sqft 0.12 AC lot
View details
1618 State Rd 121
CAMPGROUND, RV PARK

1618 State Rd 121, Connersville, IN 47331-7828

Value Estimation by Request
648 sqft 8.96 AC lot
View details
3215 Ostheimer Ave
APARTMENT HOUSE (UNDER 5 UNITS)

3215 Ostheimer Ave, Connersville, IN 47331-3181

Value Estimation by Request
3,150 sqft 0.28 AC lot
View details
812 Oak St, Unit 824
APARTMENT HOUSE (UNDER 5 UNITS)

812 Oak St, Connersville, IN 47331-1335

Unit 824
Value Estimation by Request
3,896 sqft 1.15 AC lot
View details
391 Oak St
APARTMENT HOUSE (UNDER 5 UNITS)

391 Oak St, Connersville, IN 47331-1482

Value Estimation by Request
3,600 sqft 0.57 AC lot
View details
620 Mccann St
APARTMENT HOUSE (UNDER 5 UNITS)

620 Mccann St, Connersville, IN 47331-2678

Value Estimation by Request
3,180 sqft 0.67 AC lot
View details
1619 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1619 Grand Ave, Connersville, IN 47331-2255

Value Estimation by Request
4,094 sqft 0.18 AC lot
View details
4500 Egypt Holw Rd
CAMPGROUND, RV PARK

4500 Egypt Holw Rd, Connersville, IN 47331-9203

Value Estimation by Request
6.70 AC lot
View details
Egypt Holw Rd
CAMPGROUND, RV PARK

Egypt Holw Rd, Connersville, IN 47331

Value Estimation by Request
15.23 AC lot
View details
1303 Country Clb Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1303 Country Clb Rd, Connersville, IN 47331-1197

Value Estimation by Request
2,520 sqft 0.11 AC lot
View details
1301 Country Clb Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1301 Country Clb Rd, Connersville, IN 47331-1196

Value Estimation by Request
2,520 sqft 0.14 AC lot
View details
1305 Country Clb Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1305 Country Clb Rd, Connersville, IN 47331-1198

Value Estimation by Request
2,520 sqft 0.14 AC lot
View details

Connersville, IN Multifamily Properties Market Trends and Statistics

Explore 38 multifamily properties for sale in Connersville, IN on our real estate platform. These investment opportunities span a total of 28,836 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for multifamily properties in Connersville, IN start at $100,000, averaging $850,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Mobile home & RV parks 1

Demographics Overview

Population 23K
Population Growth (5Y) +1.2%
Median Household Income $56,530
College Educated 21.0%

High-Yield Neighborhoods for Investment

Identify Connersville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47331 $550K

Taxes & Financing

Tax Rate (average for all types) 2.80%
Property Tax per SF $39.51 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Connersville fall within the 100,000+ square foot range.

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