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MULTI-UNIT INVESTMENT PROPERTY WITH 5 RENTAL UNITS IN NEW HARMONY, IN


702 EAST ST - NEW HARMONY


listing Highlights

STRUCTURES & LIVING SPACE

  • BUILDINGS: 3 Separate Structures
  • TOTAL UNITS: 5 Rental Apartment Units
  • One 2BR with 1BA Unit
  • Three 1BR and 1BA Units
  • One Studio Unit
  • APPROXIMATE SQUARE FOOTAGE BREAKDOWN:
  • Building 1: 1152 SQ FT
  • Building 2: 1792 SQ FT
  • Building 3: 1650 SQ FT

AMENITIES & STORAGE

  • PARKING: 2-Car Carport
  • ADDITIONAL STORAGE: Approximately 576 SQ FT of Dedicated Storage Space
  • PARKING AREA: Large Gravel Driveway

LAND DETAILS

  • LOT SIZE: .23 Acres


listing Information

Discover a rare income-producing opportunity in the heart of historic New Harmony, Indiana. This 5-unit multi-family property offers investors a stable, high-yield addition to their portfolio or an opportunity for an owner-occupant. 

Positioned on a corner 0.23-acre lot, this property represents a steady stream of rental income in a market with historically low vacancy rates and high demand for housing.

Properties like this rarely become available in New Harmony. Situated just blocks from the town's historic commercial area, tenants enjoy easy access to local cafes, boutique shopping, walking trails, and cultural landmarks. Furthermore, its proximity to Mount Vernon and Evansville makes it an attractive commuter location for professionals working in the surrounding tri-state area.

Don't miss out on this unique multi-family opportunity in Posey County!

Contact us today to schedule your private tour. A proforma financial statement is available upon request. 

OFFERED AT $360,000

Schedule your private showing today by calling our office at 812-682-4000

Showings will require at least a 24 hour notice.

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