Great Investment Opportunity in the heart of Newburgh! 2-Story Brick Apartment Building with 3312sqft total and 4 leased units. All 4 units are the same size 828sqft, each has 2 bedrooms, 1 full bath, living room, kitchen with appliances, dining area, laundry closet, utility closet, and plenty of parking. Kitchens have electric stove, hood, refrigerator. Tenants provide the washer and dryer. Tenants pay all utilities, units are ALL electric. Living Room 14x16, kitchen 9x7, dining area 7x8, bedroom 10x12, bedroom 10x10. Unit 14 has new furnace, A/C, and water heater. Unit 15 has new stove/oven (2023); Unit 16 has new stove/oven (2024). Leases will go month-to-month upon expiration with a 30 day notice required.
Closed
$365,000
718 Village Ln, Newburgh, IN 47630
8beds
3,312sqft
Quadruplex
Built in 1972
-- sqft lot
$367,700 Zestimate®
$--/sqft
$1,740 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2025 at 05:58pm
Listed by:
Donovan Wilkins Cell:812-430-4851,
RE/MAX REVOLUTION
Bought with:
Geri L Terry, RB14018668
F.C. TUCKER EMGE
Source: IRMLS,MLS#: 202532000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Ceiling Fan(s), Eat-in Kitchen
- Flooring: Other, Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 3,312
- Total interior livable area: 3,312 sqft
- Finished area above ground: 3,312
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Gravel, Paved
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: None
Lot
- Size: 10,454 sqft
- Dimensions: 70x148
- Features: Level
Details
- Additional structures: None
- Parcel number: 871234312002.000014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Newburgh
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 37800
Other
Other facts
- Listing terms: Cash,Conventional,Other
Sell for more on Zillow
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$367,700
2% more+$7,354
With Zillow Showcase(estimated)$375,054