Loogootee, IN Multifamily properties for sale

$235,000

1,880 SF

Income-Generating Mobile Home and House

803 & 805 REASON Avenue, Loogootee, IN 47553

Two rentals with potential for a third on two lots.

Multiple Income Streams: Two existing rentals (3 Bed 1 Bath Mobile Home and 2 Bed 1 Bath Pole Barn House) provide immediate cash flow.
High Return on Investment: Projected ROI in just 7 years.
Expansion Potential: Vacant lot with existing electric, water, and sewer connections allows for adding a third rental unit.
Desirable Location: Convenient in‑town location near amenities (swimming pool, city park, pickle ball courts) and employment opportunities.
Low‑Maintenance Setup: Designed for reliable occupancy and attractive returns.

Updated: Nov 13, 2025

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in Loogootee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

$249,900

2,316 SF

Income-Producing Triplex in Petersburg

Fully occupied triplex with consistent rental history and low expenses.

900 E Cherry Street, Petersburg, IN 47567

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Downtown Mixed-Use Investment Opportunity

$135,900

0.06 Acres

Downtown Mixed-Use Investment Opportunity

Two-story brick building with storefront and apartments in revitalized downtown.

104 E Main Street, Washington, IN 47501

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$249,900

2,316 SF

Income-Generating Triplex Rental

Fully occupied triplex with two 2-bedroom units and one 1-bedroom unit, plus off-street parking and in-unit appliances.

900 Cherry Street, Petersburg, IN 47567

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$80,000

696 SF

Fully Rented Investment Opportunity

Duplex with high cap rate and steady income.

1204 West Van Trees Street, Washington, IN 47501

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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.

$345,500

2.27 Acres

Prime Land Off US HWY

2.27 acres with excellent visibility and easy access.

Briar Creek lot: #1, Lawrenceburg, KY 40342

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Wooded Residential Lots in Driftwood Estates

$40,000

2.00 Acres

Wooded Residential Lots in Driftwood Estates

Four wooded half-acre lots in Driftwood Estates, offering a flexible setting for camper, mobile home, or home construction.

Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038

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Contact for pricing

2.84 Acres

Grand Rivers Land Opportunity

2.84 acres near I-24 and lakes in Grand Rivers.

L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

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Contact for pricing

0.41 Acres

Build-Ready Double Lot Pair

APARTMENT HOUSE (UNDER 5 UNITS)

2,320 SF Lot: 0.40 Acres

Value Estimation by Request

200 3rd St, Loogootee, IN 47553-1916

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Loogootee, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 13 multifamily properties for sale in Loogootee, IN on our real estate platform. These investment opportunities span a total of 1,880 square feet of properties for sale, with an estimated market value of $235,000.

Sale prices for multifamily properties in Loogootee, IN start at $235,000, averaging $235,000, and reaching up to $235,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
47553	$235K

Neighborhood

Average Price

47553

$235K

Loogootee, IN Multifamily Properties for Sale

803 & 805 REASON Avenue, Loogootee, IN 47553