6,160 sqft

$440,000

315 10th Street, Tell City IN, 47586

Price per sqft$71.43

Built in1967

Property size6,160 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Jul 31, 2026

Updated Aug 1

A fantastic opportunity to own 3 duplexes in Tell City, IN. The property has been updated over the years, and well maintain. A new roof was just installed on one of the duplexes. All units are occupied, except for 1. Tenants pay/reimburse utilities. Many tenants have been long term tenants. Each unit is 2 bedroom and 1 bathroom. Newer flooring has been installed over the years, as well as updates to the kitchens and bathrooms. When fully rented, the Gross income of this property is $4,900 monthly, and $58,800 yearly. Routine expenses including taxes, insurance, lawn care and pest control run approximately $6,750 per year. Giving this property approximately a 10.9% cap rate. This property is a great opportunity for those looking to get into the multifamily business or those looking to expand their portfolio.

Additional information

MLS^® ID: 2026010585

Interior Features

Basement: No

Exterior Features

Lot Size: 0.51 Acres

Other Property Details

Taxes: $1,461
Tax Frequency: Annually

Listed by Garrett Dunaway with Lopp Real Estate Brokers
Listing Contact: 812-728-8181

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 8/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/1/2026 at 2:38 AM UTC