4-Unit Downtown Jeffersonville Office or Apartment Building

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30852065
Property Subtypes: Duplex/Fourplex, Other
Status: Pending/Contingent
Building Status: Proposed
Number of Units: 4 Units
Building Size (RSF): 4,245 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $235,000
Unit Price: $58,750 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2023

Overview / Comments

4-unit apartment and/or office building (2 downstairs and 2 upstairs); very large rear parking lot makes this property very valuable due to close walking distance to the Clark County Courthouse, as well as close driving access to I-65/downtown Louisville; 3 of the units were previously rented as residential apartments and the other 1st floor unit was used as additional office space for Bob Isgrigg Surveyors.
This building can also be purchased with 518 E Court Ave which is located across the rear alley for $165,000.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Taxing Authority: Jeffersonville Township
Tax ID/APN: 101900100740000010
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1926
Roof Type: Gable
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,708 103,940 286,965
Median Age: 38.34 37.01 37.63
Households: 3,351 46,965 125,208
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