Vincennes, IN Residential Income Properties for Sale

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Updated: Feb 3

Medical Office Conversion Property

1904 Washington Avenue, Vincennes, IN 47591

$289,900

2,402 sqft 0.22 AC lot

Building was built in 1925 and features central air cooling
Property currently has 2 units used as Airbnbs, with both units remodeled within the past 3 years
1‑bedroom unit includes a full bath, laundry area, lounge area in the bedroom, and separate kitchen area
2‑bedroom unit has a full kitchen, laundry area, full bath, and living room
Additional office‑style area includes a reception area, waiting room, and half bath

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Updated: Jun 14

Triplex Residential Income Property

1405 S 15th Street, Vincennes, IN 47591

$215,000

2,600 sqft 0.23 AC lot

Built in 1914
Central air cooling
Vinyl flooring throughout
6 bedrooms
4 bathrooms

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Corner Retail Building with Apartments

118 A N 2nd Street, Vincennes, IN 47591

$170,000

0.08 AC lot

Corner-lot commercial building with street-level storefront space and second-floor rental apartments, serviced by full public utilities.

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Triplex Residential Income Property

1405 South 15th Street, Vincennes, IN 47591

$215,000

2,600 sqft

Residential income triplex offered for sale, providing a multi-unit structure for owner-occupant or investor strategies.

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Well-Maintained Mobile Home Park

3592 Thunderhill Pl, Vincennes, IN 47591

Contact for pricing

Well maintained mobile home park located just north of Vincennes, Indiana, just off US-41.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 5 Active listings in Vincennes, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Income Triplex with Off-Street Parking

900 E Cherry Street, Petersburg, IN 47567

$249,900

2,316 sqft 0.25 AC lot

Fully occupied triplex with updated interiors, hardwood floors, and off-street parking for tenant convenience.

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Two Duplexes with Open-Plan Interiors

1020 S Prince Street, Princeton, IN 47670

$250,000

1,800 sqft 0.16 AC lot

Own two duplexes in Princeton with 2-bed, 1-bath units, in-unit laundry, and parking pads for tenants.

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Two Duplexes Residential Income Property

501 S Race Street, Princeton, IN 47670

$250,000

1,800 sqft 0.16 AC lot

Two duplexes offer four 2-bed, 1-bath units with laundry rooms, plus parking pads in front of each building.

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Income-Generating Triplex Rental

900 Cherry Street, Petersburg, IN 47567

$249,900

2,316 sqft

Fully occupied triplex with two 2-bedroom units and one 1-bedroom unit, plus off-street parking and in-unit appliances.

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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.

Residential Land in Lakewood, Vincennes

Lakewood lot: 1, Vincennes, IN 47591

$55,000

1.25 AC lot

Residential land with city services and mature wooded lots.

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Residential Land in Vincennes, Indiana

Lakewood lot: 7, Vincennes, IN 47591

$50,000

0.87 AC lot

Residential land with city services and desirable amenities.

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Residential Land in Lakewood

Lakewood lot: 38, Vincennes, IN 47591

$45,000

0.88 AC lot

Residential land with city services and wooded surroundings.

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Residential Land in Vincennes, IN

Lakewood lot: 24, Vincennes, IN 47591

$35,000

0.87 AC lot

Residential land with city services and mature wooded lots.

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Off-Market Properties in Vincennes, IN

Consider similar Off-Market properties in Vincennes, 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.

Multifamily properties

304 Shelby St, Vincennes, IN 47591

Value Estimation by Request

9,600 sqft 0.24 AC lot

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Farms

4 Acres On Bierhaud Blvd, Vincennes, IN 47591

Value Estimation by Request

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Farms

0 1.28 Acre On Bierhaus Blvd, Vincennes, IN 47591

Value Estimation by Request

1.28 AC lot

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Farms

Vincennes IN 3.75 Acres Bierhaus Blvd, Vincennes, IN 47591

Value Estimation by Request

3.75 AC lot

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Farms

Vincennes IN 1.40 Acre On Hart St, Vincennes, IN 47591

Value Estimation by Request

1.40 AC lot

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Multifamily properties

3592 Thunderhill Pl, Vincennes, IN 47591

Value Estimation by Request

29.66 AC lot

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Farms

0 Clearview Dr, Vincennes, IN 47591

Value Estimation by Request

53.46 AC lot

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Farms

Vincennes IN 1.88 Acres Off Hart St, Vincennes, IN 47591

Value Estimation by Request

1.88 AC lot

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MOBILE HOME PARK, TRAILER PARK

3592 Thunderhill Dr, Vincennes, IN 47591-7495

Value Estimation by Request

29.66 AC lot

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CAMPGROUND, RV PARK

501 Robinson Ln, Vincennes, IN 47591-5399

Value Estimation by Request

938 sqft 6.94 AC lot

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Vincennes, IN Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Vincennes, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,602 square feet of properties for sale, with an estimated market value of $719,900.

Sale prices for residential income properties in Vincennes, IN start at $215,000, averaging $239,966, and reaching up to $289,900 — 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

Demographics Overview

Population 25K

Population Growth (5Y) -0.9%

Median Household Income $57,862

College Educated 28.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47591	$252.5K

Taxes & Financing

Tax Rate (average for all types) 2.20%

Property Tax per SF $41.91 per SF

Tax Rate vs County Average 0.17 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Knox County

New Delisted

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