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Spencer, IN Multifamily Properties for Sale

Multifamily Investment Opportunity in Spencer

$680,000

6,996 SF

Multifamily Investment Opportunity in Spencer

80 W Jefferson St, Spencer, IN 47460

Two fiveplex buildings near downtown Spencer, Indiana, with strong rental income.

Two buildings with a total of ten 1‑bedroom, 1‑bathroom apartments, providing substantial rental income.
Prime location within walking distance of the Spencer downtown square, offering convenient access to shops, restaurants, and amenities.
Strong tenant demand due to low barriers to occupancy (no security deposit) and affordable $600/month rent per unit.
Simplified utilities management with tenants paying electric and landlord covering septic, water, and trash.
Stable, cash‑flowing asset in a growing southern Indiana community, ideal for investors.

Last Update: Jun 3

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

New

$244,000

0.04 Acres

Historic Landmark with Flexible Space

Historic building with flexible space, C-1 zoning, endless possibilities.

31 E Main St, Gosport, IN 47433

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New

$244,000

0.04 Acres

Historic Mixed-Use Building in Gosport

Historic building with flexible space and immediate occupancy.

31 E Main St, Gosport, IN 47433

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$1,500,000

4.82 Acres

Ellettsville Land with Approved Plans

4.818 acres with approved apartment complex plans for sale.

7477 W Raymond Run, Ellettsville, IN 47429

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Ellettsville Duplex: Investment Opportunity

$230,000

1,721 SF

Ellettsville Duplex: Investment Opportunity

Duplex with long-term tenants and potential for increased rental income.

314 W Association St, Ellettsville, IN 47429

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Explore Off-Market Properties in Spencer, IN

Consider similar Off-Market properties in Spencer, 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.

202 Mallorie Dr

MOBILE HOME PARK, TRAILER PARK • 1,104 SF

Value Estimation by Request

202 Mallorie Dr, Spencer, IN 47460-5515

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707 Mdw Dr

MOBILE HOME PARK, TRAILER PARK • 7.06 Acres

Value Estimation

$525,000

707 Mdw Dr, Spencer, IN 47460-1071

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310 Franklin St

MOBILE HOME PARK, TRAILER PARK • 0.91 Acres

Value Estimation by Request

310 Franklin St, Spencer, IN 47460-1822

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602 Indiana Ave

MOBILE HOME PARK, TRAILER PARK • 0.45 Acres

Value Estimation by Request

602 Indiana Ave, Spencer, IN 47460-1122

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4557 Barbary Ln

MOBILE HOME PARK, TRAILER PARK • 938 SF

Value Estimation by Request

4557 Barbary Ln, Spencer, IN 47460-5815

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534 Dixie Hl Rd

CAMPGROUND, RV PARK • 4.40 Acres

Value Estimation by Request

534 Dixie Hl Rd, Spencer, IN 47460-5698

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Spencer, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 7 multifamily properties for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 324,697 square feet of properties for sale, with an estimated market value of $1,230,000.

Prices for multifamily properties in Spencer, IN start at $550,000, averaging $615,000, and reaching up to $680,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Spencer, IN Multifamily Properties for Sale

Multifamily Investment Opportunity in Spencer

Two fiveplex buildings near downtown Spencer, Indiana, with strong rental income.