Jeffersonville IN Multi Family for Sale
- Type:
- Apartment
- Sq.Ft.:
- 3,214
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1926
- Baths:
- 3.00
- MLS#:
- 1676980
View additional info
Courtesy: May Team REALTORS
502-855-3100
ADDITIONAL INFORMATION
Welcome to 640 Mechanic Street. This triplex apartment building is located in downtown Jeffersonville. This property presents an excellent investment opportunity and with just a little work could be quite the cash cow. Unit #1 covers the top floor of the main building. This unit offers 1,214 sq. ft., huge living room with abundant natural light and decorative fireplace, two bedrooms, eat-in kitchen, and full bath with tile flooring and tiled tub surround. This unit does need the most work of the three but not much beyond refinishing the hardwood floors and installing appliances. A sprawling covered front porch contains the entrances for units #1 and #2. Unit #2 covers most the of the main level addition. This unit offers 846 sq. f.t, a spacious living room, large bedroom, eat-in kitchen with all white cabinetry and the laundry area, full bath with tiled tub surround, and laminate flooring throughout. Unit #3 covers the bottom floor of the main building. This unit offers 1,154 sq. ft., large living room with ample natural light, two bedrooms, full bath, and kitchen with all white cabinetry, breakfast bar, and the laundry area. Behind the building is an enormous patio that can be enjoyed by all tenants. Don't miss this opportunity and schedule a showing today! This property is being sold "as-is."
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1998
- Baths:
- MLS#:
- 2022013390
ADDITIONAL INFORMATION
Investment Opportunity! Located in the heart of the revitalized downtown Jeffersonville near shopping, dining and entertainment. This duplex sits on a dead end street and offers 3 bedrooms, 2 baths in unit 1, and a studio apartment in unit 2. Tons of storage with the unfinished basement and private parking for tenants in the large garage.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- 2021010346
ADDITIONAL INFORMATION
Possible rents for each unit or live in one unit mortgage free!!!!!!Unit 1 Lower level Possible 1100. Unit 2 upstairs $800.Carriage House $625. Total possible rents $2,650. Rent upstairs unit & carriage house... live rent free with both units paying your entire mortgage! Soo many options on how you could utilize this property. Gain equity each month. High visibility location for a business. Centrally located for renters, right by Jeffersonville HS, restaurants, shopping!! At one time this home has been waterproofed, current seller has no documentation. Duplex in front has first floor space with 2 bedrooms, 1 bath. All brand new appliances in lower level unit, Stove, Microwave, DW, Refrigerator all brand spanking new!! All of these units are in excellent condition & you can see they have been taken care of and move in condition. Upstairs 1 bedroom. 1 bath studio, likewise in excellent condition. Full unfinished basement can be used for added storage. Front unit also has 2 car covered carport and storage shed as well. Carriage in back has 1 bedroom, 1 bath. The carriage house currently has a tenant & would like to remain.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- 202006206
ADDITIONAL INFORMATION
Spacious, brick, 2-STORY 4-PLEX on a LARGE CORNER LOT, with RIVER VIEWS from front porches and decks! Only 1 mile from Lewis & Clark bridge. This property was remodeled in June 2018 and has 4 rented apartments -- 3 on the first floor, and 1 on the second floor. Apartment "A" is a 1-bedroom with a laundry hookup, on a month-to-month lease for $725/month. Apartment "B" is a 1-bedroom, 6 months into a 1-year lease for $740/month. Apartment "C" is a 1-bedroom with a laundry hookup, that's 2 months into a 1-year lease for $725/month. Upstairs apartment has 2 bedrooms, 10 months into a 1-year lease for $760/month. Each apartment has 1 bath; refrigerator and stove stay with each unit. Laundry hookups for Apartment B and upstairs apartment are on first floor, off back of the building. Each apartment has own private yard with privacy fence, and there are 10 designated parking spaces. Renters pay for electric and cable; owner cuts grass and pays for sewer/water/trash (about $200/mo.) and electricity in the common areas (about $50/mo.). Garden shed remains. This property is in a flood plain; see attached Elevation Certificate. However, flood insurance is only required if there is a mortgage; it is not required for cash deals, or to borrow against another property. Square feet is approximate; if critical, buyers should verify.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Xome are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Metro Search Multiple Listing Service. All rights reserved.
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 © 2025, Southern Indiana Realtors Association. All rights reserved.
Jeffersonville Real Estate
The median home value in Jeffersonville, IN is $252,000. This is higher than the county median home value of $213,800. The national median home value is $338,100. The average price of homes sold in Jeffersonville, IN is $252,000. Approximately 62.67% of Jeffersonville homes are owned, compared to 26.36% rented, while 10.97% are vacant. Jeffersonville 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 Jeffersonville real estate agent to arrange a tour today!
Jeffersonville, Indiana has a population of 49,178. Jeffersonville is less family-centric than the surrounding county with 27.53% of the households containing married families with children. The county average for households married with children is 28.58%.
The median household income in Jeffersonville, Indiana is $60,110. The median household income for the surrounding county is $62,296 compared to the national median of $69,021. The median age of people living in Jeffersonville is 37.9 years.
Jeffersonville Weather
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 44.5 inches per year, with 7.9 inches of snow per year.