$325,000
 $1,845 est/mo Sourced by Back At You

123 Bucheit Street 1 & 2,Sellersburg, IN 47172

Sellersburg, IN 47172

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Description

Welcome to 123 Bucheit St, Sellersburg, IN 47172. Newer construction on one side, a fully renovated original on the other, one Clark County tax parcel holding both. 123 Bucheit St pairs a 957 square foot ranch completed in 2025/2026 (Unit 2) with a fully renovated 1950 ranch (Unit 1) in Sellersburg's Highland Park subdivision, on a single 0.16-acre lot. The two 2-bedroom units total 1,807 square feet and sit at 100 percent occupancy under fixed leases through 11/30/2026 and 4/30/2027, producing $2,585 per month, $31,020 per year in gross rent. Unit 2 adds 1.5 baths, a 1-car attached garage, central air, and luxury vinyl plank flooring. Verified Clark County Treasurer tax records support an estimated 6.7 percent cap rate at the $325,000 asking price, stronger than the estimate-based numbers typical of comparable Southern Indiana small multifamily listings. Silver Creek Schools serve the property, and the SR-60/I-64/I-65 corridor puts tenants minutes from River Ridge Commerce Center and Louisville-area logistics employment. Gambols Property Management will continue managing both units for a new owner, keeping the transition turnkey. One parcel, one closing, two income lines already in place. Contact the listing agent for the complete rent roll and offering memorandum.

Details

MLS #2026010179
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site65
Listing Provided Bysimpler.realestate | Dave Gambol

Features

SQ Feet957
Units2
Acreage0.16

Taxes

Tax Annual Amount2388

Area Information

StateIN
CountyClark
CitySellersburg
Zip Code47172
Listing VS Median (in 47172)
Price:
$325,000
low | high
Med:
$315,900
52.8% of Average
sqft:
957
low | high
Med:
1,561
13.113897596656% of Average
$ / sqft:
$340
low | high
Med:
$202
90.409737347854% of Average
On site:
65
low | high
Med:
38
100% of Average
Sourced by Back At You

Market Activity 47172

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By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker McMahan at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Southern Indiana Board of REALTORS.

Contact

Learn More About This Property

Lisa Lander-Delap

Lisa Lander-Delap

Coldwell Banker McMahan

RB14022142 (812) 989-7921landerdelapgroup@gmail.com
StateIN
CountyClark
CitySellersburg
Zip Code47172
Listing VS Median (in 47172)
Price:
$325,000
low | high
Med:
$315,900
52.8% of Average
sqft:
957
low | high
Med:
1,561
13.113897596656% of Average
$ / sqft:
$340
low | high
Med:
$202
90.409737347854% of Average
On site:
65
low | high
Med:
38
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 8:28:09 AM PDT
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Kentucky Board of REALTORS.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Southern Indiana Board of REALTORS.
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