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    Hanover, IN Residential Income Properties for Sale

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    Madison, IN Lexington, IN Nabb, IN
    Established Mobile Home Park
    $395,000
    Established Mobile Home Park

    232 Fran Road, Hanover, IN 47243

    Established mobile home park with multiple income streams.
    • 17 lot established mobile home park
    • Currently 10 mobile homes on the property
    • 4 park owned mobile homes
    • 6 tenant owned mobile homes
    • 1 lot rented for parking
    Updated: Oct 25, 2023
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Hanover, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fully Leased 10-Unit Apartment Building
    $795,000
    4,531 SF
    Fully Leased 10-Unit Apartment Building

    Turnkey multifamily property with renovated units and ample parking on a corner lot in Vienna.

    Scottsburg, IN 47170

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    Madison, Indiana Mobile Home Park
    $350,000
    2.10 Acres
    Madison, Indiana Mobile Home Park

    Value-add mobile home park with single-family home and garage.

    3471 West Pin Oak Court, Madison, IN 47250

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    Mobile Home Park Investment Opportunity
    $350,000
    Mobile Home Park Investment Opportunity

    Mobile home park with single-family home in Madison, Indiana.

    3471 Pin Oak Ct, Madison, IN 47250

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    Fully Occupied Commercial Property
    $325,000
    Fully Occupied Commercial Property

    Commercial property with 8 units and complete occupancy.

    440 S Gardner Street, Scottsburg, IN 47170

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hanover Land Development Opportunity
    $169,900
    14.34 Acres
    Hanover Land Development Opportunity

    14 acres of residential land with development potential in Hanover.

    3632 W SR 56, Hanover, IN 47243

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    Hanover Land Development Opportunity
    $169,900
    14.30 Acres
    Hanover Land Development Opportunity

    14 acres in Hanover, IN, ideal for development or private use.

    3632+ W SR 56, Hanover, IN 47243

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    Residential Land with Pole Barn
    $69,900
    3.39 Acres
    Residential Land with Pole Barn

    3.39 acres in Lexington with a two-story pole barn.

    3160 S Mulberry Street, Lexington, IN 47138

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    Agricultural Land with Septic Systems
    $381,250
    30.50 Acres
    Agricultural Land with Septic Systems

    Residential-zoned countryside acreage with a mix of tillable and wooded land plus two existing septic systems.

    4618 Miles Road, Nabb, IN 47147

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    Off-Market Properties in Hanover, IN

    Consider similar Off-Market properties in Hanover, 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.

    8000 Riv Btm Rd
    CAMPGROUND, RV PARK
    Lot: 7.93 Acres
    Value Estimation by Request

    8000 Riv Btm Rd, Hanover, IN 47243-9339

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    353 Lagrange Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.54 Acres
    Value Estimation by Request

    353 Lagrange Rd, Hanover, IN 47243-9636

    View details
    228 Fran Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.33 Acres
    Value Estimation by Request

    228 Fran Rd, Hanover, IN 47243-9074

    View details
    242 Fran Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.48 Acres
    Value Estimation by Request

    242 Fran Rd, Hanover, IN 47243

    View details

    Hanover, IN Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Hanover, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for residential income properties in Hanover, IN start at $395,000, averaging $395,000, and reaching up to $395,000 — 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

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1
    Multifamily properties 1

    Demographics Overview

    Population 6,235
    Population Growth (5Y) +3.0%
    Median Household Income $66,333
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47243 $395K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $62.13 per SF
    Average Loan-to-Value 65.0%

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