UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,807 sqft
Price per Sqft $179
MLS Listing ID 2026010177
Style One Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,807
Year Built 1950
Annual Tax Amount $2,292
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Duplex
Property Description
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
Zoning Residential
Direction IN 311, Turn Left on Prather Ln, Turn Right on Highland Ave, Then Turn Right on Bucheit St, Property is on the Right Corner Lot.
Interior
Interior Features Eat-in Kitchen, Main Level Primary, Mud Room, Open Floorplan, Utility Room, Window Treatments
Heating Forced Air
Cooling Central Air
Fireplace No
Window Features Blinds
Appliance Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry Main Level, Laundry Room
Exterior
Exterior Feature Landscaping
Parking Features Attached, Garage Faces Front, Garage, Garage Door Opener
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Connected,Public
Street Surface Paved
Building
Lot Description Corner Lot
Dwelling Type Duplex
Entry Level One
Foundation Slab
Water Connected, Public
Architectural Style One Story
Level or Stories One
New Construction No
Others
Tax ID 17000180260
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby School & Business
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