24 unit apartment complex with potential for greater profit as the units continue to be renovated. Four units have already been completely renovated and several others have had partial renovations. Monthly rents listed are for the completely renovated units. All units have been upgraded to high efficiency mini-split heat pump units, allowing the owner to offer electric as well as water to be included with the rent, which has been very appealing to tenants. Roofs are only a few years old and windows in 4 units have been replaced. Very minimal vacancy.
Closed
$1,750,000
70 Fairview Dr, Bicknell, IN 47512
39beds
20,756sqft
Apartment Complex
Built in 1977
-- sqft lot
$1,762,700 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 19, 2025 at 12:59pm
Listed by:
Michelle Sebastian 812-583-0193,
Re/Max Allstars,
Kevin Sebastian,
Re/Max Allstars
Bought with:
Michelle Sebastian, RB14047963
Re/Max Allstars
Source: IRMLS,MLS#: 202425050

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 39
- Bathrooms: 24
- Full bathrooms: 24
Heating
- Heat Pump, Other, ENERGY STAR Qualified Equipment, Zoned
Cooling
- Wall Unit(s), Heat Pump, ENERGY STAR Qualified Equipment, Zoned
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Laminate, Vinyl Tile
- Basement: None,Sump Pump
Interior area
- Total structure area: 20,756
- Total interior livable area: 20,756 sqft
- Finished area above ground: 20,756
- Finished area below ground: 0
Property
Parking
- Total spaces: 48
- Parking features: Parking Lot, Off Street, Paved, Off Street Parking, Asphalt
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 1
- Fencing: None
Lot
- Size: 1.59 Acres
- Dimensions: 300' x 230'
- Features: 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 420817101011.000019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Materials
- Vinyl Siding
- Roof: Asphalt,Shingle,Dimensional Shingles
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: HVAC
Community & neighborhood
Community
- Community features: Swing Set, Sidewalks
Location
- Region: Bicknell
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 249876
Other
Other facts
- Listing terms: Conventional
Services availability

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