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  • $495,000

    342 Lincoln Hwy E, New Haven, IN 46774

    14beds
    4,561sqft
    : 
    Apartment Complex
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Commercial spaceStudio apartments
    Multi-family dwelling with 12 seperate units. 8 Studio apartments, currently all leased and under a 1 year lease. (9th unit possible to upgrade) 3 total units in front building, with 2 being apartments and 1 being a commercial space like a hair, nail, tax office and can be converted to a 2 bedroom apartment. The 2 apartments are under leases, with one unit being a 2 bed 1 bath, and one being 3 bed 1.5 baths. Great money making opportunity for an investor, currently bringing in around 6,000 dollars per month in rent. THIS PROPERTY EXCEEDS THE 1% RULE! Get it quick while it is available! Currently under professional property management and manager is willing to stay on and manage for the new buyer! (All room dimensions are estimates)
    2 days
    on Zillow
    |
    328
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 01:38pm

    Listed by:

    Harrison Bolyard Cell:574-238-0777,

    CENTURY 21 Bradley Realty, Inc

    Source: IRMLS,MLS#: 202514352MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 342 Lincoln Hwy E.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 12
    • Full bathrooms: 10
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Multiple Heating Systems
    Cooling
    • Wall Unit(s), Multi Units
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Vinyl Tile
    • Has basement: No
    Interior area
    • Total structure area: 4,705
    • Total interior livable area: 4,561 sqft
    • Finished area above ground: 4,561
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 15
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 47 Acres
    • Features: Irregular Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 021311403002.000041

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment Complex
    Materials
    • Aluminum Siding, Wood Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: New Haven

    Financial & listing details

    • Annual tax amount: $6,042
    • Date on market: 4/24/2025
    • Inclusions: Building, Land, Lease
    • Lease term: 12 Months
    • Total actual rent: 72660
    • Tenant pays: Cable TV
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