101-103 Stansifer Ave, Clarksville, IN 47129
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.