For Sale
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Property summary
This well-maintained, 12-unit apartment building presents a compelling investment opportunity in Vincennes, Indiana. Located just two blocks from Vincennes University, this property boasts a prime location with consistent demand. The building, constructed in 1968, comprises 9,600 square feet across two stories, situated on a 0.24-acre lot. All twelve units are configured as two-bedroom, one-bathroom apartments, currently enjoying approximately 90% occupancy. The property's financial… performance is further enhanced by the tenants' responsibility for electricity costs, while the owner covers water, sewer, and trash expenses. The strong occupancy rate, coupled with the potential for rent increases due to high demand, promises substantial future profitability. The property is zoned for mixed residential use and features the APN 421221109104000022. Detailed financial information, including rent rolls and expense reports, is available upon request. A proof of funds will be required for showings. This is a turnkey investment ready to generate immediate income. The address is 304 Shelby St, Vincennes, IN 47591. Asking price is $660,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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