627 S Frederick Street, New Harmony, IN 47631

New Harmony
Local realty services provided by:Better Homes and Gardens Real Estate Connections
627 S Frederick Street,New Harmony, IN 47631
$375,000
  • 8 Beds
  • 8 Baths
  • 6,109 sq. ft.
  • Multi-family
  • Active
Listed by: chadd huffman
Office: rk brokerage llc.
MLS#:202631594
Source:Indiana Regional MLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$61.38

About this home

Excellent investment opportunity in the heart of New Harmony! This income-producing 8-unit multifamily property offers a strong rental portfolio with value-add potential. The building consists of three 1-bedroom units, three 2-bedroom units, and two 3-bedroom units, providing a desirable mix of floor plans to attract a variety of tenants. Numerous recent updates have been completed, including updated HVAC systems in the majority of the units, helping reduce future maintenance costs and improve tenant comfort. A portion of the basement offers individual storage areas for tenants, while additional space presents the opportunity to add a shared laundry facility, creating the potential for an additional income stream. The property also features ample off-street parking, adding convenience for residents. Whether you're looking to expand your investment portfolio or capitalize on future upside through additional improvements, this well-located New Harmony multifamily property is one you...

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Home facts

  • Year built:1970
  • Subdivision & Development:Country Terrace
  • Listing ID #:202631594
  • Added:1 day(s) ago
  • Updated:August 05, 2026 at 03:26 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Eat-In Kitchen
  • Basement Description:Partially Finished
  • Living area:6,109 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:6,109 sq. ft.
  • Lot area:0.25 Acres
  • Lot Features:Level
  • Architectural Style:Multi-Story (3+), Traditional
  • Construction Materials:Vinyl
  • Levels:3 or More Stories

Schools

  • High school:Mount Vernon
  • Middle school:Mount Vernon
  • Elementary school:Farmersville

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$61.38

Parking

  • Parking description:Gravel Parking, Off Street Parking, Paved Parking
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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