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    Converse, IN Residential Income Properties for Sale

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    Marion, IN La Fontaine, IN Kokomo, IN
    14-Unit Apartment Complex Opportunity
    $715,000
    7,880 SF

    14-Unit Apartment Complex Opportunity

    408 N Jefferson Street, Converse, IN 46919

    Well-maintained 14-unit complex with ground-level entry, ongoing renovation materials transfer, and added laundry revenue.

    • 14‑unit apartment complex in Converse, directly on Jefferson St (main road)
    • Three buildings: two triplexes and one 8‑plex, with an identified 2‑story layout in the 8‑plex
    • Unit mix includes (4) 2BR/1BA units and (10) 1BR/1BA units
    • On‑site laundry room in the 8‑plex with commercial‑grade machines provided and maintained by a third‑party vendor
    • 10 units have ground‑level entry for easier accessibility
    Updated: Jun 2
    View details
    Based on your search, we've compiled 4 Potential Opportunities for your consideration. Besides 1 Active listings in Converse, IN, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads

    Off-Market Properties in Converse, IN

    Consider similar Off-Market properties in Converse, 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.

    211 1st St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.55 Acres
    Value Estimation by Request

    211 1st St, Converse, IN 46919

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    210 Vlg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,128 SF Lot: 2.50 Acres
    Value Estimation by Request

    210 Vlg St, Converse, IN 46919-9397

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    210 Harrison St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.62 Acres
    Value Estimation by Request

    210 Harrison St, Converse, IN 46919-2172

    View details

    Converse, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Converse, IN on our real estate platform. These investment opportunities span a total of 7,880 square feet of properties for sale, with an estimated market value of $715,000.

    Sale prices for residential income properties in Converse, IN start at $715,000, averaging $715,000, and reaching up to $715,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 1,792
    Population Growth (5Y) -32.2%
    Median Household Income $71,033
    College Educated 23.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.72%
    Property Tax per SF $36.82 per sq ft
    Tax Rate vs County Average 0.33 pp above county avg
    Average Loan-to-Value 65.0%

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