About This Home

This 0-bedroom, 0-bathroom commercial at 525 N Gardner Street in Vienna, IN is listed for $795,000 ($175 per sqft). Built in 1949, the home offers 4,531 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1949
  • 0.35 acre lot

Property Details

1949
Listing Description

Excellent investment opportunity in the heart of Scottsburg! This fully leased 10-unit apartment complex is a turnkey asset offering immediate cash flow and long-term growth potential. Located on the highly visible corner of N Gardner Street and Lakeshore Drive, the property has been thoughtfully updated with recent renovations throughout the units, providing modern, comfortable living spaces that attract and retain tenants.

Residents enjoy ample parking, an efficient property layout, and a location that sets this investment apart. Just steps away is Lake Lola Park, featuring scenic walking trails around the lake, giving tenants convenient access to outdoor recreation and green space.

The complex is also minutes from downtown Scottsburg, where dining, shopping, and everyday amenities are easily accessible. With quick access to I-65, tenants benefit from convenient commuting options, helping support strong rental demand and low vacancy rates.

Whether you're an experienced investor looking to expand your portfolio or searching for a low-maintenance multifamily property, this income-producing asset offers stability, location, and future upside in a growing market. This property is being sold AS IS. Don't miss this opportunity to own a renovated, fully occupied apartment complex with proven performance.

Monthly Cost Estimate

$4,252/mo

20% down · 6.5% · 30 years

Principal$575
Interest$3,445
Insurance$232

Estimates only. Actual payments may vary.

Location

525 N Gardner Street

Vienna, IN 47170

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 525 N Gardner Street is listed at $795,000 ($175/sqft). The estimated monthly payment is $4,252 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.35 acre lot.

This property is listed by William Andes.

WA

William Andes

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (812) 734-6048 · Broker website

MLS# 202609450· Source: Southern Indiana REALTORS Association· 128 days on PropertySimple

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

525 N Gardner Street, Vienna, IN 47170

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