Skip to content

205 Long Street

North Vernon, IN 47265

ActiveListed Sep 25, 2026 · 4 days on market

Key facts

Living area
6,784 sqft
Lot
0.64 acres
Type
Commercial Sale · Multi Family
Stories
Multi/split
MLS #
22127498
County
Jennings
Total building area
6,784 sqft

About this home

These 8 units are fully leased and offer an opportunity to invest in housing. There are four 2 bedroom units and two 1 bedroom units. The basement offers a space for tenants to do laundry onsite as well as additional storage space. Inside you will find well kept units that on the main floor have exterior patio areas. Parking includes 14 spaces. New roof and vinyl siding. These units are being sold together with the duplex units on Greensburg St for a total of $1,325,000.

Description provided by the listing brokerage.

Interior

Basement
Egress Window(s)
Security
Smoke Detector(s)

Exterior

Construction
BrickVinyl Siding
Parking and garage
Asphalt
Other equipment
Sump Pump

Systems

Utilities
Electricity ConnectedSeptic SystemWater Connected

Lot and HOA

Lot features
Sidewalks
Zoning
Residential multifamily

Schools

Elementary school
North Vernon Elementary School
Middle school
Jennings County Middle School
High school
Jennings County High School
School district
Jennings County School Corporation

Taxes

Estimated annual tax
$5,480 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,028per month, estimated
Principal and interest $3,340Property tax $457Insurance $232
20% · $132,500
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$662,500
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.