Home For Sale In Vincennes, Indiana

house for sale

Listed: 05/01/24

501 N 2nd St, Vincennes, Indiana, 47591

3 Bed:

1 Bath:

1,463 Sq Ft Living Area:

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Price

$ 89,900

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About This House

Income producing home with long term tenant! This is a 3 bedroom, 1 bathroom home in Old Town Vincennes that has proven rental history. The current tenant is paying $700/month, has been there over 10 years and has an extended lease until January of 2027. This home has an added bonus, as it formerly had another 2 bedrooms and a bathroom upstairs prior to being closed off. This home has plenty of space and is the perfect investment home to add to your portfolio. Due to the tenant and current lease, this home will not qualify for any government loan types.

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Original listing

Vincennes Housing & Living

Household Income

Median household income: $36,724

Number of households: 7,274

The average household income in Vincennes, IN declined from $36,870 to $36,724 in the past year. This data is an estimate based upon 7,274 households in Vincennes, IN.
The chart below presents how household income is distributed in Vincennes, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Vincennes, IN compared to median property taxes around the country. The prevalent amount of property taxes in Vincennes, IN equals <$800 , which is more than the national average.