525 N Gardner Street,Vienna, IN 47170
Vienna, IN 47170
Description
Excellent investment opportunity in the heart of Scottsburg! This fully leased 10-unit apartment complex is a turnkey asset offering immediate cash flow and long-term growth potential. Located on the highly visible corner of N Gardner Street and Lakeshore Drive, the property has been thoughtfully updated with recent renovations throughout the units, providing modern, comfortable living spaces that attract and retain tenants. Residents enjoy ample parking, an efficient property layout, and a location that sets this investment apart. Just steps away is Lake Lola Park, featuring scenic walking trails around the lake, giving tenants convenient access to outdoor recreation and green space. The complex is also minutes from downtown Scottsburg, where dining, shopping, and everyday amenities are easily accessible. With quick access to I-65, tenants benefit from convenient commuting options, helping support strong rental demand and low vacancy rates. Whether you're an experienced investor looking to expand your portfolio or searching for a low-maintenance multifamily property, this income-producing asset offers stability, location, and future upside in a growing market. This property is being sold AS IS. Don't miss this opportunity to own a renovated, fully occupied apartment complex with proven performance.
Details
| MLS # | 202609450 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 84 |
| Listing Provided By | eXp Realty, LLC | William Andes |
Features
| SQ Feet | 4,531 |
|---|---|
| Acreage | 0.35 |
Taxes
| Tax Annual Amount | 2724 |
|---|
Area Information
| State | IN |
|---|---|
| County | Scott |
| City | Vienna |
| Zip Code | 47170 |
| Listing VS Median (in 47170) | |
Price: $795,000 low | high Med: $247,900 sqft: 4,531 low | high Med: 1,372 $ / sqft: $175 low | high Med: $181 On site: 84 low | high Med: 44 | |
Market Activity 47170
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Learn More About This Property
| State | IN |
|---|---|
| County | Scott |
| City | Vienna |
| Zip Code | 47170 |
| Listing VS Median (in 47170) | |
Price: $795,000 low | high Med: $247,900 sqft: 4,531 low | high Med: 1,372 $ / sqft: $175 low | high Med: $181 On site: 84 low | high Med: 44 | |