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    OFF-MARKET
    Residential income homes

    101-103 Stansifer Ave, Clarksville, IN 47129

    2,300 SF 0.15 ac lot Built 1926
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a two-unit duplex situated at 101-103 E Stansifer Ave, Clarksville, IN 47129. Built in 1926, this property boasts a total of 2,300 square feet on a 0.145-acre lot, zoned for residential use. The duplex features two units, each offering a spacious one-bedroom layout, a large living room, and a convenient eat-in kitchen. Currently, one unit is occupied, generating immediate rental income, while the other is vacant, providing the potential for increased revenue. The property also includes a fenced backyard, enhancing privacy and outdoor living space. The asking price is $185,000. The property is being sold "as-is," with inspections welcome. Square footage is approximate; buyers should verify if accuracy is critical. This is a fantastic opportunity for owner-users or investors seeking a multifamily property in a desirable Clarksville location. The property's address is confirmed as 101-103 E Stansifer Ave, Clark County, Indiana, with the APN 10-14-00-102-920.000-012. The current occupancy rate is 50%. The property consists of one two-story building. There is no ground lease associated with this property. Ownership is currently held by Unto Saltsgaver Properties LLC.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1926
    Total area 2,300 SF
    Lot 0.15 ac (6,316 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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