20015 Star Valley WAY, Borden, IN 47106
20015 Star Valley WAY, Borden, IN 47106
20015 Star Valley WAY, Borden, IN 47106
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Shawne Mardis

Shawne Mardis

+1(502) 649-6720
$349,000
Est. payment /mo
1 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202609885

Year Built 1990

Annual Tax Amount $2,179

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multi Family

Property Description

Pleased to exclusively present the opportunity to acquire a five-unit multifamily property totaling 3,720 rentable square feet on a one-acre lot in Borden, Indiana.? The property features a mix of one and two-bedroom floor plans across single-story construction, including two 2-bedroom/1-bath units, a recently remodeled unit, and a spacious largest unit.? The building is served by two furnaces and two water heaters (gas and electric), with shared utility service and rents structured by unit size.? Three of the five units are currently occupied and producing income, with two units available for renovation and lease-up.? Borden presents a compelling investment environment driven by an affluent rural demographic, limited rental inventory, and proximity to the Louisville metropolitan market.? ? Residents enjoy a quiet, established small-town setting with strong schools (Borden Elementary and High School both rated B+), level topography, no flood risk (Zone X), and fiber internet availability — all within a roughly 30-minute commute to the greater Louisville MSA.? With in-place income, two units offering immediate value-add, below-market rents across the occupied units, and an entry price comparable to a single-family home, 20015 Star Valley Way offers investors an attractive opportunity to acquire a stable, well-located income property with clear upside in a growing Southern Indiana market.? Property sold as-is.?

Location

State IN

County Clark

Direction From IN-60 W Turn left onto Star Valley Way, Turn right 358 ft onto roadway

Interior

Fireplace No

Exterior

Present Use Multi-Family

Others

Tax ID 101301400031000035

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Listed by NextHome Wilson Real Estate
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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20015 Star Valley WAY

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