$625,000
Conveniently located on the Boonville Square, this well-maintained investment property features eight studio-style apartments with consistent rental history. Each unit includes a full kitchen with appliances, LVT flooring, a spacious living area, a bedroom nook large enough for a king-sized bed, and a full bath with a tub/shower combo. Tenants have access to an on-site coin-operated laundry center that generates additional income, along with limited off-street parking available on a first-come, first-served basis. Seven of the eight units are currently occupied, offering immediate cash flow and long-term potential.
Head East on W. Locust St., turn left on 3rd St, turn left on W. Main St., and left on 2nd St.
| MLS # | 202547173 |
|---|---|
| Date Listed | 2025-11-24 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Eightplex |
| Finished Square Feet | 5130 sqft |
| Total Square Feet | 7470 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Eightplex |
| Basement | Yes |
| Bedrooms | 8 |
| Bathrooms | 8 |
| Annual Taxes | $2,122.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1970 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 3 |
| Family Room | 725 × 725 | Level |
| Kitchen | 725 × 730 | Level |
| 4th Bedroom | 8 × 8 | Level |
| 5th Bedroom | 8 × 8 | Level |
| Recreation Room | 8 × 0 | Level |
| Loft | 8 × 2 | Level |
| Extra Room | 2 × 4 | Level |
| Full Baths | 8 Main |
| Construction | Eightplex |
|---|---|
| Lot Size | 5,663 sq ft |
| Acreage | 0.13 Acres |
| Lot Dimensions | 39X149 |
| Fence | None |
| Area | Warrick County |
|---|---|
| County | Warrick |
| Subdivision | None |
| Township | Boon |
| City | Boonville |
| State | IN |
| Zip | 46701 |
| School District | Warrick County School Corp. |
|---|---|
| Elementary | Oakdale |
| Middle School | Boonville |
| High School | Boonville |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202547173
IDX information provided by the Indiana Regional MLS.
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Will Smith
@properties
Listing updated November 24, 2025 at 4:30 pm
Last checked 8 minutes ago