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812-414-5298
Nicholson Real Estate Group
123 Bucheit Street Unit 1 & 2, Sellersburg, IN 47172
- $325,000
- 4
- BD
- 2
- BA
- 1,807
- SqFt
- List Price
- $325,000
- Status
- ACTIVE
- MLS#
- 2026010177
- Bedrooms
- 4
- Full-baths
- 2
- Sq. Ft
- 1,807
- Acres
- 0.16
- Year Built
- 1950
Property Description
Welcome to 123 Bucheit St, Sellersburg, IN 47172. Newer construction on one side, a fully renovated 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.
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Additional Information
- Style
- One Story
- Foundation
- Slab
- Exterior Features
- Landscaping
- Interior Features
- Eat-in Kitchen, Main Level Primary, Mud Room, Open Floorplan, Utility Room, Window Treatments
- Appliances
- Dishwasher, Microwave, Oven, Range, Refrigerator
- Garage Spaces
- 1
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Connected, Public
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Listing courtesy of simpler.realestate.