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321 W Washington St

15 Unit Apartment Building $646,920 CAD ($43,128 CAD/Unit) 8.60% Cap Rate Lebanon, IN 46052

Apartment Buildings Indiana Lebanon 321 W Washington St, Lebanon, IN 46052

Executive Summary

Great investment opportunity in the heart of downtown Lebanon, IN. 5 clean and well maintained 1 bedroom units. 3 units on lower level and 2 up. Cap rate 8.6%. Eli Lilly expansion in Lebanon is under construction.

Attachments

Report-10

Property Facts

Price $646,920 CAD Building Class C
Price Per Unit $43,128 CAD Lot Size 0.16 AC
Sale Type Investment Building Size 4,302 SF
Cap Rate 8.60% Average Occupancy 100%
No. Units 15 No. Stories 2
Property Type Multifamily Year Built 1920
Property Subtype
Apartment
  • Multifamily Dormitory
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $646,920 CAD
Price Per Unit $43,128 CAD
Sale Type Investment
Cap Rate 8.60%
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,302 SF
Average Occupancy 100%
No. Stories 2
Year Built 1920
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,150 CAD 650
1+1 2 $1,006 CAD 600
1+1 3 $1,150 CAD 550
1+1 4 $1,150 CAD 550
1+1 5 $1,150 CAD 600
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Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 06-10-36-014-017.111-002 Improvements Assessment $404,109 CAD
Land Assessment $18,976 CAD Total Assessment $423,086 CAD

PROPERTY TAXES

Parcel Number
06-10-36-014-017.111-002
Land Assessment
$18,976 CAD
Improvements Assessment
$404,109 CAD
Total Assessment
$423,086 CAD

zoning

Zoning Code ZO01
ZO01
(317) 752-5826

Contact

  • Listing ID: 34414186

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 321 W Washington St, Lebanon, IN 46052

The Multifamily Property at 321 W Washington St, Lebanon, IN 46052 is currently available for sale. Contact EasyStreet Realty for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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321 W Washington St
(317) 752-5826 x

321 W Washington St

Ryan Radecki

(317) 752-5826

(317) 752-5826

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