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Size: 0.7 Acres
Home: 32 beds - 32 full baths - 15,360 Sq Ft

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Discover a lucrative investment opportunity with this exceptional 32-unit apartment complex located at 1321 N. 3rd St., Vincennes, IN 47591. This property boasts 11 fully renovated one-bedroom, one-bath units, showcasing modern flooring, stylish trims, contemporary fixtures, sleek cabinetry, and high-end appliances. 5 units are 80-90% renovated with appliances on site as well as other materials. The renovations not only enhance aesthetic appeal but also ensure higher rental demand and increased revenue potential. The exterior of the building has seen significant upgrades, including improvements to the parking lot and mailbox area, creating a welcoming environment for residents. With half of the units already rehabilitated, investors have the unique opportunity to complete renovations on the remaining units, further increasing property value and maximizing rental income. Located in a desi...

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Source:First Street

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Source: ERA Real Estate, MLS# 202549191
Listing last updated: January 15, 2026 at 3:39 PM
Listing last checked: January 15, 2026 at 3:31 PM
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