Newburgh IN Multi Family for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
8
Lot size:
1.4 Acres
Year built:
1940
Baths:
12.00
MLS#:
202442835

ADDITIONAL INFORMATION

Invest in a piece of Newburgh history with this prime commercial property. This 22-unit facility, strategically located in downtown Newburgh near the Ohio River, offers a unique blend of historic charm and modern convenience. With 5 residential units and 17 commercial spaces, this property has the potential to generate over $275,000 annually in gross income. Don't miss this opportunity to own a thriving business hub in one of Indiana's most picturesque towns. Owner is a licensed Real Estate Broker.

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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. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Newburgh Real Estate

The median home value in Newburgh, IN is $325,000. This is higher than the county median home value of $246,600. The national median home value is $338,100. The average price of homes sold in Newburgh, IN is $325,000. Approximately 73.06% of Newburgh homes are owned, compared to 21.22% rented, while 5.72% are vacant. Newburgh 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 Newburgh real estate agent to arrange a tour today!

Newburgh, Indiana has a population of 3,365. Newburgh is less family-centric than the surrounding county with 26.79% of the households containing married families with children. The county average for households married with children is 33.75%.

The median household income in Newburgh, Indiana is $67,328. The median household income for the surrounding county is $85,613 compared to the national median of $69,021. The median age of people living in Newburgh is 48.9 years.

Newburgh Weather

The average high temperature in July is 87.9 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 45.3 inches per year, with 10.5 inches of snow per year.

Newburgh Real Estate Market Conditions

  • Median sales price

    $325,000
    16.1% change since last quarter
  • # Active listings

    129
    30-day change

Newburgh Schools and Demographics

Education near Newburgh, IN

Metric City County
High School Graduates 94.27 94.55
College Degree - 2 year 12.36 12.89
College Degree - 4 year 30.77 32.82
Graduate Degree 4.71 8.66
Expenditures per Student 10,821 10,821
Students per Teacher 17 17

Elementary Schools near Newburgh, IN

School Grades Students P/T Ratio ZIP
CAZE Elementary School PK - 05 467 16.1 47715
Chandler Elementary School KG - 05 517 18.5 47610
Dexter Elementary School PK - 05 378 13.5 47714
Fairlawn Elementary School KG - 05 404 16.2 47714
Harper Elementary School KG - 05 421 15 47714
Hebron Elementary School KG - 05 854 19.9 47714
John H Castle Elementary School KG - 05 937 22.9 47630
Lodge Community School KG - 08 467 13.7 47714
Newburgh Elementary School KG - 05 594 21.2 47630
Sharon Elementary School KG - 05 726 20.2 47630
Stockwell Elementary School KG - 05 609 17.9 47715
Yankeetown Elementary School KG - 05 344 22.9 47630

Middle Schools near Newburgh, IN

School Grades Students P/T Ratio ZIP
Castle North Middle School 06 - 08 787 21.9 47630
Castle South Middle School 06 - 08 679 18.9 47630
McGary Middle School 06 - 08 358 11.7 47714
Plaza Park International Prep Academy 06 - 08 656 16.8 47715
Washington Middle School 06 - 08 414 13.8 47714

High Schools near Newburgh, IN

School Grades Students P/T Ratio ZIP
Benjamin Bosse High School 09 - 12 775 7.7 47714
Castle High School 09 - 12 1,940 19.8 47630
William Henry Harrison High School 09 - 12 1,039 9.3 47715

Demographics near Newburgh, IN

Metric City County
Neighborhood Type Suburban
Population 3,365 63,575
Population Density 2,268 165
Median Age 48.9 41.4
People per Household 2.2 2.6
Median Household Income 67,328 85,613
Average Income per Capita 56,686 42,675