North Vernon, IN Residential income properties for sale

Multifamily Building with Business Potential

$749,900

11,306 SF

Multifamily Building with Business Potential

230-240 Hoosier Street, North Vernon, IN 47265

12-unit apartment building with additional building for business ventures.

12‑unit apartment building offers immediate rental income potential with a mix of 2‑bedroom and 1‑bedroom units.
Additional 2,150 sq. ft. building provides opportunity for business expansion or additional income streams.
Many recent updates within the last 3 years enhance property value and reduce maintenance costs.
Asphalt parking lot and grassy area provide convenient parking and outdoor space for tenants.
All apartments include kitchen appliances, a desirable amenity for renters.

Updated: Aug 9, 2025

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Opportunities in Nearby Cities

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

$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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Columbus Multifamily Investment Opportunity

$389,900

3,432 SF

Columbus Multifamily Investment Opportunity

Five-unit income property near downtown Columbus, Indiana.

811 Pearl Street, Columbus, IN 47201

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$149,900

0.10 Acres

Mixed-Use Investment Opportunity

Two income-producing properties: residential and commercial lot.

2060 State Street, Columbus, IN 47201

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$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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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.

$44,900

1.35 Acres

Wooded Residential Lot in Seymour

1.35-acre wooded lot ideal for building a new home.

22039 Redding Woods, Seymour, IN 47274

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$47,000

1.41 Acres

Redding Woods Residential Building Lot

1.41-acre wooded lot in Redding Woods, Seymour, IN.

22031 Redding Woods, Seymour, IN 47274

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$55,000

1.12 Acres

Residential Lots in Seymour, IN

Residential land available in Seymour, Indiana with utilities access.

10413 Emerald Court N, Seymour, IN 47274

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$65,000

1.05 Acres

Residential Lots in Seymour, IN

Residential lots available with utilities in Seymour, Indiana.

10309 Shamrock Court, Seymour, IN 47274

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Off-Market Properties in North Vernon, IN

Consider similar Off-Market properties in North Vernon, 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.

227 Walnut St

APARTMENT HOUSE (UNDER 5 UNITS) • 8,036 SF

Value Estimation by Request

227 Walnut St, North Vernon, IN 47265-1515

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7695 Us Hwy 50

APARTMENT HOUSE (UNDER 5 UNITS) • 4,864 SF

Value Estimation by Request

7695 Us Hwy 50, North Vernon, IN 47265-7579

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7 State St

MOBILE HOME PARK, TRAILER PARK • 4.46 Acres

Value Estimation by Request

7 State St, North Vernon, IN 47265

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714 State St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,720 SF

Value Estimation by Request

714 State St, North Vernon, IN 47265-2143

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12 Platter Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,528 SF

Value Estimation by Request

12 Platter Dr, North Vernon, IN 47265-1762

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604 State St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,780 SF

Value Estimation by Request

604 State St, North Vernon, IN 47265-2127

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355 Smt St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,813 SF

Value Estimation by Request

355 Smt St, North Vernon, IN 47265-1241

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230 Hoosier St

Multifamily properties • 11,306 SF

Value Estimation by Request

230 Hoosier St, North Vernon, IN 47265

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Sandybrook Dr

MOBILE HOME PARK, TRAILER PARK • 104 SF

Value Estimation by Request

Sandybrook Dr, North Vernon, IN 47265

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Hurley E Dr

MOBILE HOME PARK, TRAILER PARK • 17.00 Acres

Value Estimation by Request

Hurley E Dr, North Vernon, IN 47265

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45 Henry St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,984 SF

Value Estimation by Request

45 Henry St, North Vernon, IN 47265-1048

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Davis St

MOBILE HOME PARK, TRAILER PARK • 0.57 Acres

Value Estimation by Request

Davis St, North Vernon, IN 47265

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930 County Rd 300th E

CAMPGROUND, RV PARK • 1.93 Acres

Value Estimation by Request

930 County Rd 300th E, North Vernon, IN 47265-6784

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Hickory Mnr Cir

MOBILE HOME PARK, TRAILER PARK • 2.00 Acres

Value Estimation by Request

Hickory Mnr Cir, North Vernon, IN 47265

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North Vernon, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 15 residential income properties for sale in North Vernon, IN on our real estate platform. These investment opportunities span a total of 11,306 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for residential income properties in North Vernon, IN start at $749,900, averaging $749,900, and reaching up to $749,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

North Vernon, IN Residential Income Properties for Sale

Multifamily Building with Business Potential

12-unit apartment building with additional building for business ventures.