$625,000

119 S 2nd St Boonville, IN 47601

Estimated payment $3,679/month

Total Views 1,794
8 Beds
8 Baths
5,130 Sq Ft
$122 Price per Sq Ft

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Central Air
  • Oakdale Elementary School Rated A-
  • Tile Flooring
  • Level Lot

About This Home

Conveniently located on the Boonville Square, this well-maintained investment property features eight studio-style apartments with consistent rental history. Each unit includes a full kitchen with appliances, LVT flooring, a spacious living area, a bedroom nook large enough for a king-sized bed, and a full bath with a tub/shower combo. Tenants have access to an on-site coin-operated laundry center that generates additional income, along with limited off-street parking available on a first-come, first-served basis. Seven of the eight units are currently occupied, offering immediate cash flow and long-term potential.

Listing Agent

William Smith

@properties Listed on: 11/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 1970

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 39x149
  • Backs to Open Ground
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Oakdale Elementary School
  • Boonville Middle School
  • Boonville High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, maintenance, snow removal, trash collection
  • Assessor Parcel Number 87-09-26-404-184.000-003

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $871
  • Fuel Expense $871
  • Insurance Expense $2,122
  • Maintenance Expense $4,721
  • Trash Expense $495
  • Water Sewer Expense $3,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,690

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1970
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: PT LOT 47 BOONVILLE /PT LOT 58 BOONVILLE 25.4 FT FRONTAGE
  • Parcel Number ID: 87-09-26-404-184.000-003
  • Platted: Yes
  • Amenities: Off Street Parking, Open Floor Plan
  • Special Features: None

Interior Features

  • Total Sq Ft: 7470
  • Total Finished Sq Ft: 5130
  • Above Grade Finished Sq Ft: 5130
  • Below Grade Sq Ft: 2340
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Tile, Vinyl
  • Total Below Grade Sq Ft: 2340
  • Number Of Disposals: 8
  • Number Of Microwaves: 8
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Asphalt, Brick, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 870.8
  • Annual Fuel Expense: 870.8
  • Annual Insurance Expense: 2122
  • Annual Maintenance Expense: 4721.13
  • Annual Trash Expense: 495
  • Annual Water Sewer Expense: 3873.46
  • Number Electric Meters: 8
  • Number Gas Meters: 8
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Oakdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 39X149
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 4690

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 8
  • Num Of Efficiencies: 8

MLS Schools

  • High School: Boonville
  • Middle School: Boonville
  • School District: Warrick County School Corp.

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $625,000 0.0% $122 / Sq Ft
12/08/2025 12/08/25 Pending -- -- --
11/24/2025 11/24/25 For Sale $625,000 -- $122 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202547173

Indiana Regional MLS
Indiana Warrick County Boonville 47601

119 S 2nd St, Boonville, IN

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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