USAINNew HarmonyCountry Terrace627 S Frederick Street
627 Frederick St | Image 1

$375,000

For Sale

21 days ago

627 Frederick St, New Harmony, IN

House

MLS® 202631594

8 Bed

8 Bath

6109 sqft

20 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6109 sqft
Garage 
Taxes $4,378
Days Active 22
Lot Size 0.252 Acres
Approx. Age 1970
Avg. Price Per Sqft $61
MLS® Number 202631594

Property Address: 627 S Frederick Street, New Harmony, IN, 47631

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in the heart of New Harmony! This income-producing 8-unit multifamily property offers a strong rental portfolio with value-add potential. The building consists of three 1-bedroom units, three 2-bedroom units, and two 3-bedroom units, providing a desirable mix of floor plans to attract a variety of tenants. Numerous recent updates have been completed, including updated HVAC systems in the majority of the units, helping reduce future maintenance costs and improve tenant comfort. A portion of the basement offers individual storage areas for tenants, while additional space presents the opportunity to add a shared laundry facility, creating the potential for an additional income stream. The property also features ample off-street parking, adding convenience for residents. Whether you're looking to expand your investment portfolio or capitalize on future upside through additional improvements, this well-located New Harmony multifamily property is one you won't want to miss.
MLS® Number202631594
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
BasementPartially Finished
DrivewayGravel, Off Street, Paved
Garage Spaces
HeatNatural Gas
A/CCentral Air

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
627 Frederick St, New Harmony, IN

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