See all 32 photos
32 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$325,000
Est. payment /mo
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2026010179
Construction Status Resale
Annual Tax Amount $2,388
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
Welcome to 123 Bucheit St, Sellersburg, IN 47172. Newer construction on one side, a fully renovated original on the other, one Clark County tax parcel holding both. 123 Bucheit St pairs a 957 square foot ranch completed in 2025/2026 (Unit 2) with a fully renovated 1950 ranch (Unit 1) in Sellersburg's Highland Park subdivision, on a single 0.16-acre lot. The two 2-bedroom units total 1,807 square feet and sit at 100 percent occupancy under fixed leases through 11/30/2026 and 4/30/2027, producing $2,585 per month, $31,020 per year in gross rent. Unit 2 adds 1.5 baths, a 1-car attached garage, central air, and luxury vinyl plank flooring. Verified Clark County Treasurer tax records support an estimated 6.7 percent cap rate at the $325,000 asking price, stronger than the estimate-based numbers typical of comparable Southern Indiana small multifamily listings. Silver Creek Schools serve the property, and the SR-60/I-64/I-65 corridor puts tenants minutes from River Ridge Commerce Center and Louisville-area logistics employment. Gambols Property Management will continue managing both units for a new owner, keeping the transition turnkey. One parcel, one closing, two income lines already in place. Contact the listing agent for the complete rent roll and offering memorandum.
Location
State IN
County Clark
Interior
Fireplace No
Exterior
Present Use Multi-Family,Residential,Single Family
Building
Construction Status Resale
Others
Tax ID 17000180260
Read Less Info
Listed by simpler.realestate
Nearby School & Business
Get More Information