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    New Harmony, IN
    Residential Income

    New Harmony, IN Residential Income Properties for Sale

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    Wadesville, IN Grayville, IL Poseyville, IN Carmi, IL Mount Vernon, IN Albion, IL Evansville, IN Mount Carmel, IL
    Mixed-Use Property With Storefront
    Updated: Aug 10
    Mixed-Use Property With Storefront

    527 Church St, New Harmony, IN 47631

    $389,900
    Street‑level commercial storefront at 527 Church Street
    Two separate apartment units occupy the upper level
    Main floor may accommodate retail, office, studio, or service uses, subject to approvals
    Upper apartments were previously used as short‑term rentals
    Sale includes real estate only, not an operating Airbnb or short‑term rental business
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    Corner 5-Unit Multifamily Property
    Updated: May 20
    Corner 5-Unit Multifamily Property

    702 EAST ST, New Harmony, IN 47631

    Contact for pricing
    0.23 AC lot
    5‑unit multi‑family property in historic New Harmony, Indiana
    Two‑story wood‑frame construction with 1977 year built
    Located on a corner 0.23‑acre lot
    Rental property with a proforma available upon request
    Showings require at least 24 hours notice to respect tenant privacy
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Harmony, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Three-Unit Triplex
    Three-Unit Triplex

    501 N Sonntag Avenue, Evansville, IN 47712

    $174,900
    1,879 sqft 0.07 AC lot

    Three one-bedroom units offer separate living arrangements, with central air conditioning throughout.

    View details
    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    2601 W Virginia St, Evansville, IN 47712

    $154,900
    1,900 sqft

    Each unit features a large kitchen, main-level laundry, and access to shared property amenities.

    View details
    Fourplex with 2018 Updates
    Fourplex with 2018 Updates

    10080 S Koch Dr, Poseyville, IN 47633

    $195,000
    5,000 sqft

    Three two-bedroom units and one three-bedroom unit each have a single bathroom.

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    Former Church Apartment Complex Project
    Former Church Apartment Complex Project

    700 3rd St, Carmi, IL 62821

    Contact for pricing
    12,600 sqft

    14-unit apartment complex project for sale with significant potential.

    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.

    Residential Development Homesite
    Residential Development Homesite

    CR 925 lot: 6, Haubstadt, IN 47639

    $65,500
    1.31 AC lot

    Build a new home on a homesite in a newly planned subdivision in South Gibson County.

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    Residential Development Lot
    Residential Development Lot

    CR 925 lot: 5, Haubstadt, IN 47639

    $53,500
    1.07 AC lot

    Build-ready residential lot in a newer subdivision, offered with an option for a custom home through Elite Properties.

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    Cleared Lot in Mount Carmel
    Cleared Lot in Mount Carmel

    1131 W 6th Street, Mount Carmel, IL 62863

    Contact for pricing

    Cleared and shaded lot with city hookups in Mount Carmel.

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    Evansville Residential Land Opportunity
    Evansville Residential Land Opportunity

    10138 Preakness Place lot: 91, Evansville, IN 47725

    $55,000
    0.27 AC lot

    Residential land in a new north side subdivision.

    View details

    New Harmony, IN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in New Harmony, IN on our real estate platform.

    Sale prices for residential investment properties in New Harmony, IN average $389,900 — 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

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 2,085
    Population Growth (5Y) -0.8%
    Median Household Income $60,509
    College Educated 34.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47631 $410K

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $18.31 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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