Hanover IN Multi Family for Sale
$1,250,000
336-368 Graystone Drive Hanover, IN 47243
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.69 Acres
- Year built:
- 1983
- Baths:
- MLS#:
- 2022013341
ADDITIONAL INFORMATION
Whispering Pines Apartments. (32) Apartment Units presently with (30) Units rented. There are (20) Two Bedroom Units, (8) One Bedroom Units and (4) Three Bedroom Units. There are (7) Four-Plex Buildings and (2) Duplex Buildings. There is also a Storage/Office Building that includes approximately 390 SF and Laundry Rental Units. Rents vary and are below market. 2021 Gross Income Collected was in excess of $170,000 with on-site Property Manager receiving free rent. Estimate of Market Rents suggest that Potential Gross Income should exceed $210,000 with Market Rents projected as $500 for 1-Bedroom Units, $600 for 2-Bedroom Units and $675 for 3-Bedroom Units. These Units are being sold in "As Is" condition, however, Inspections are Welcome. Call Listing Agent for More Information and to Schedule All Appointments
$289,900
3 N Madison Avenue Hanover, IN 47243
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1893
- Baths:
- MLS#:
- 202106686
ADDITIONAL INFORMATION
5 UNIT COMPLEX, All utilities are paid by the landlord.
$799,900
281 E Main Street Hanover, IN 47243
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 202106682
ADDITIONAL INFORMATION
16 unit complex! Currently renting with all utilities included. Spacious lot allowing for additional space for future expansion.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024, Southern Indiana Realtors Association. All rights reserved.
Hanover Real Estate
The median home value in Hanover, IN is $228,500. This is higher than the county median home value of $188,100. The national median home value is $338,100. The average price of homes sold in Hanover, IN is $228,500. Approximately 57.92% of Hanover homes are owned, compared to 32.51% rented, while 9.57% are vacant. Hanover real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hanover real estate agent to arrange a tour today!
Hanover, Indiana has a population of 3,498. Hanover is more family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Hanover, Indiana is $52,279. The median household income for the surrounding county is $53,784 compared to the national median of $69,021. The median age of people living in Hanover is 28.3 years.
Hanover Weather
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 47.4 inches per year, with 12.3 inches of snow per year.