This unique triplex features two spacious 2-bedroom residential units and a commercial office space with the potential to be converted into a third 2-bedroom apartment. Whether you're an investor looking for strong rental income or a buyer hoping to live in one unit while generating revenue from the others, this property checks all the boxes. Conveniently located near local amenities, schools, and transit, it’s a great addition to any portfolio. Don’t miss the opportunity to take advantage of its flexibility and income potential. All units are currently occupied— month-to-month agreements and long-term lease agreements—providing immediate rental income from day one.
Active
$245,000
721 N 7th St, Vincennes, IN 47591
4beds
2,950sqft
Est.:
Triplex
Built in 1967
-- sqft lot
$232,000 Zestimate®
$--/sqft
$-- HOA
What's special
Commercial office space
- 22 days
- on Zillow |
- 502 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 09:49am
Listed by:
Heath Klein Cell:812-291-2202,
KLEIN RLTY&AUCTION, INC.
Source: IRMLS,MLS#: 202523518

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Laminate Counters
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total structure area: 2,950
- Total interior livable area: 2,950 sqft
- Finished area above ground: 2,950
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Off Street Parking
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,229.08 Square Feet
- Dimensions: 134x47
- Features: Corner Lot, Level, Landscaped
Details
- Additional structures: None
- Parcel number: 421221402086.000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Shingle Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Vincennes
Financial & listing details
- Annual tax amount: $2,435
- Date on market: 6/19/2025
- Inclusions: Building
- Lease term: Month To Month
- Total actual rent: 25500
- Tenant pays: Electricity, Fuel
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