Value-Add 4-Unit Residential Investment Cash Flow + Upside Walkable Downtown Location This 4-unit residential investment property offers investors a rare combination of current income, immediate upside, and long-term appreciation potential in a strategic, walkable location near downtown. At full occupancy, the property generates $2,540 in monthly revenue, with one unit currently vacant, providing a clear opportunity for a buyer to increase income from day one. With targeted capital improvements, market rents support projected income of $3,000+ per month, making this an attractive cash-flowing asset and value-add play. The property is already supported by a high-quality, professional property management company, allowing for a passive ownership experience-ideal for both seasoned investors and those looking to scale without adding operational burden. Situated within walking distance to downtown, the property benefits from a location that continues to strengthen as the area sees ongoing public and private investment, supporting future rent growth and appreciation over time. Investment Highlights: 4-unit residential property $2,540/month at full occupancy One vacant unit provides immediate upside Market rent potential of $3,000+ per month Value-add opportunity through capital improvements Professional property management in place Walkable to downtown with long-term appreciation potential This is an excellent opportunity to acquire a stabilizing asset with built-in upside in a growing downtown corridor-perfect for investors seeking reliable cash flow today and equity growth tomorrow. For financials, additional details, or to schedule a showing, reach out today.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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North Vernon is located in Indiana. North Vernon, Indiana has a population of 6,836. North Vernon is less family-centric than the surrounding county with 14.06% of the households containing married families with children. The county average for households married with children is 25.84%.
The median household income in North Vernon, Indiana is $51,303. The median household income for the surrounding county is $63,612 compared to the national median of $69,021. The median age of people living in North Vernon is 37.3 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 46.7 inches per year, with 11.7 inches of snow per year.
