Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Residential Income
  
  Multifamily
- Warehouse
- Land
  
  Residential
  
  Recreation
  
  Agricultural
  
  Waterfront
  
  Hunting
- Agricultural
  
  Farms
- Specialty
  
  Wedding Venue
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Office
- Industrial
- Warehouse
- Flex
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Residential Income
  - Multifamily
- Warehouse
- Land
  - Residential
  - Recreation
  - Agricultural
  - Waterfront
  - Hunting
- Agricultural
  - Farms
- Specialty
  - Wedding Venue
For Lease
- Retail
- Office
- Industrial
- Warehouse
- Flex
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

North Vernon, IN

Multifamily

North Vernon, IN Multifamily Properties for Sale

List

Map

Vernon, IN Dupont, IN Seymour, IN Deputy, IN Commiskey, IN Elizabethtown, IN Westport, IN Holton, IN

Multifamily Building with Business Potential

Updated: Jul 22, 2025

Multifamily Building with Business Potential

230-240 Hoosier Street, North Vernon, IN 47265

$749,900

11,306 sqft

12‑unit apartment building offers immediate rental income potential with a mix of 2‑bedroom and 1‑bedroom units.
Additional 2,150 sq. ft. building provides opportunity for business expansion or additional income streams.
Many recent updates within the last 3 years enhance property value and reduce maintenance costs.
Asphalt parking lot and grassy area provide convenient parking and outdoor space for tenants.
All apartments include kitchen appliances, a desirable amenity for renters.

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 23 Potential Opportunities for your consideration. Besides 1 Active listings in North Vernon, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

Mobile Home Park with Additional Home

Mobile Home Park with Additional Home

3471 West Pin Oak Court, Madison, IN 47250

$350,000

2.10 AC lot

Mobile home park with eight rental spots plus a single-family home and garage, sold as-is.

Updated Duplex Income Property

Updated Duplex Income Property

218 S Park Street, Seymour, IN 47274

$210,000

0.19 AC lot

Spacious duplex with updated vinyl plank flooring, new cabinets, fresh paint, and fenced yard plus extra parking.

Duplex with Attached Garages

Duplex with Attached Garages

616-618 Hillcrest Circle, Seymour, IN 47274

$284,900

0.27 AC lot

Two-unit duplex with total-electric setups, two upstairs bedrooms per unit, and private backyard access.

Mobile Home Park Investment Opportunity

Mobile Home Park Investment Opportunity

3471 Pin Oak Ct, Madison, IN 47250

Contact for pricing

Mobile home park with single-family home in Madison, Indiana.

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.

Sonora, KY Residential Land

Sonora, KY Residential Land

Silver Mine Road lot: 6, Sonora, KY 42776

$63,500

3.03 AC lot

3.03 acre residential tract in Sonora, Kentucky.

Vacant Land Near Glendale

Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

Land in Lake Ridge Estates

Land in Lake Ridge Estates

30 Piper Road, Russell Springs, KY 42642

Contact for pricing

0.98 AC lot

0.9845 acre lot in Russell Springs, Kentucky.

Off-Market Properties in North Vernon, IN

Consider similar Off-Market properties in North Vernon, 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.

227 Walnut St

APARTMENT HOUSE (UNDER 5 UNITS)

227 Walnut St, North Vernon, IN 47265-1515

Value Estimation by Request

8,036 sqft 0.08 AC lot

7695 Us Hwy 50

APARTMENT HOUSE (UNDER 5 UNITS)

7695 Us Hwy 50, North Vernon, IN 47265-7579

Value Estimation by Request

4,864 sqft 1.17 AC lot

7 State St

MOBILE HOME PARK, TRAILER PARK

7 State St, North Vernon, IN 47265

Value Estimation by Request

4.46 AC lot

714 State St

APARTMENT HOUSE (UNDER 5 UNITS)

714 State St, North Vernon, IN 47265-2143

Value Estimation by Request

3,720 sqft 0.30 AC lot

12 Platter Dr

APARTMENT HOUSE (UNDER 5 UNITS)

12 Platter Dr, North Vernon, IN 47265-1762

Value Estimation by Request

3,528 sqft 0.36 AC lot

604 State St

APARTMENT HOUSE (UNDER 5 UNITS)

604 State St, North Vernon, IN 47265-2127

Value Estimation by Request

5,780 sqft 0.17 AC lot

355 Smt St

APARTMENT HOUSE (UNDER 5 UNITS)

355 Smt St, North Vernon, IN 47265-1241

Value Estimation by Request

3,813 sqft 1.47 AC lot

230 Hoosier St

Multifamily properties

230 Hoosier St, North Vernon, IN 47265

Value Estimation by Request

11,306 sqft 0.17 AC lot

Sandybrook Dr

MOBILE HOME PARK, TRAILER PARK

Sandybrook Dr, North Vernon, IN 47265

Value Estimation by Request

104 sqft 18.89 AC lot

Hurley E Dr

MOBILE HOME PARK, TRAILER PARK

Hurley E Dr, North Vernon, IN 47265

Value Estimation by Request

17.00 AC lot

45 Henry St

APARTMENT HOUSE (UNDER 5 UNITS)

45 Henry St, North Vernon, IN 47265-1048

Value Estimation by Request

2,984 sqft 1.36 AC lot

Davis St

MOBILE HOME PARK, TRAILER PARK

Davis St, North Vernon, IN 47265

Value Estimation by Request

0.57 AC lot

930 County Rd 300th E

CAMPGROUND, RV PARK

930 County Rd 300th E, North Vernon, IN 47265-6784

Value Estimation by Request

1.93 AC lot

Hickory Mnr Cir

MOBILE HOME PARK, TRAILER PARK

Hickory Mnr Cir, North Vernon, IN 47265

Value Estimation by Request

2.00 AC lot

North Vernon, IN Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in North Vernon, IN on our real estate platform. These investment opportunities span a total of 11,306 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for multifamily properties in North Vernon, IN average $749,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 21K

Population Growth (5Y) +2.5%

Median Household Income $65,877

College Educated 19.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47265	$749.9K

Taxes & Financing

Tax Rate (average for all types) 2.67%

Property Tax per SF $53.60 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in North Vernon fall within the 10,000 to 25,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Popular Searches in North Vernon, IN

Popular Categories

Apartment buildings

Most Searched ZIP Codes in North Vernon, IN

47265