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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 12 fully renovated one-bedroom, one-bath units, showcasing modern flooring, stylish trims, contemporary fixtures, sleek cabinetry, and high-end appliances. 7 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 13 units, further increasing property value and maximizing rental income. Located in a d...

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ERA First Advantage Realty, Inc.

Newburgh, IN

(812) 431-1180

Michael Melton

ERA First Advantage Realty, Inc.
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ERA First Advantage Realty, Inc., (812) 431-1180
Source: ERA Real Estate, MLS# 202549191
Listing last updated: December 17, 2025 at 7:38 PM
Listing last checked: December 17, 2025 at 7:31 PM
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