702 EAST ST, New Harmony, IN 47631

$360,000
Active for Sale
 
Listing ID 11777042
Property Type Multi-Unit (5+)
County Posey
Township Harmony
School M S D North Posey Co Schools
Total Tax $2,400
Tax ID 65-25-36-343-043.000-007
FEMA Flood Map fema.gov/portal
Year Built 1977
   
Virtual Tour

5-Unit Investment Property in New Harmony, IN

Discover a rare income-producing opportunity in the heart of historic New Harmony, Indiana. This 5-unit multi-family property offers investors a stable, high-yield addition to their portfolio or an opportunity for an owner-occupant. Positioned on a corner 0.23-acre lot, this property represents a steady stream of rental income in a market with historically low vacancy rates and high demand for housing. Properties like this rarely become available in New Harmony. Situated just blocks from the town's historic commercial area, tenants enjoy easy access to local cafes, boutique shopping, walking trails, and cultural landmarks. Furthermore, its proximity to Mount Vernon and Evansville makes it an attractive commuter location for professionals working in the surrounding tri-state area. Don't miss out on this unique multi-family opportunity in Posey County! Contact us today to schedule your private tour. A proforma financial statement is available upon request. Showings will require at least a 24 hour notice.
Property Details
  • 5 Full Baths
  • 4594 SF (AG)
  • 4594 SF (Total)
  • 0.23 Acres
  • Built in 1977
  • 2 Stories
  • Available 5/20/2026
Unit Information
Unit #1 – Gross Area: 825, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 1
Unit #2 – Gross Area: 825, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 2
Unit #3 – Gross Area: 896, Bedrooms: 2, Full Baths: 1, Unit Count: 3
Unit #4 – Gross Area: 896, Bedrooms: 1, Full Baths: 1, Unit Count: 4
Unit #5 – Gross Area: 576, Bedrooms: 1, Full Baths: 1, Unit Count: 5
Interior Features
  • Carpet Flooring
  • Linoleum Flooring
  • Natural Gas Avail
Commercial Info
  • 6 Parking Spaces
Taxes and Fees
  • $2,400 Total Tax
  • Tax Year 2400
Listed By
William Wilson Auction-Realty, Inc
Office: 812-682-4000
Mobile: 812-457-9909
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