OWNER WANTS AN OFFER! Attention investors! Attention families seeking a home with an in‑law suite! Welcome to "Green Acres"-a rare and highly profitable multi‑unit opportunity in Tell City, Indiana, offering four income‑producing rentals across two deeded lots on one beautifully maintained property. This versatile property includes: a duplex with two spacious 2‑bedroom apartments (upstairs/downstairs), a separate 400 sq ft tiny home with its own yard space, a two‑story, three‑car garage currently rented by a contractor-ideal for continued rental income or conversion into a workshop, studio, or small business, a newer shed for additional storage, and an oversized combined lot with buildable space in front of the tiny home and beside the duplex-perfect for adding another house, duplex, or additional income‑producing structure. For the past 12 years, this property has maintained an exceptional 97% occupancy rate (3 of the 4 tenants are reliable long term renters) and has generated over $135,000 in profit. It has four separate rental streams, and each unit is individually metered, allowing tenants to handle their own utilities-maximizing your net income. Upstairs Apartment was totally remodeled 12 years ago and still looks like new. The Tell City rental market continues to strengthen, and there is clear room to increase rents to align with current market rates. The owners have kept meticulous records of all repairs, maintenance, and financials, including detailed Schedule E documentation, which they are happy to provide to serious buyers. This is an invaluable resource for underwriting and long‑term planning. Major updates include: Foundation repair following a frozen pipe incident in the duplex crawl space, and new water heater and furnace for the downstairs duplex unit (both less than 2 years old). These improvements mean stronger structural integrity and reduced near‑term capital expenditures. All buildings have been well cared for and sit on a gorgeous, oversized double lot with expansion potential-making this a standout opportunity for both seasoned investors and owner‑occupants seeking supplemental income. Don't miss this rare chance to acquire a high‑performing, low‑vacancy, multi‑unit property with proven cash flow and significant upside potential.
Under contract
Price cut: $9.1K (6/5)
$159,900
1017 9th St, Tell City, IN 47586
5beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Oversized combined lotGorgeous oversized double lot
- 152 days |
- 207 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Joyce Stath 812-719-1230,
Local Market Realty Team
Source: My State MLS,MLS#: 11637113
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Kitchen
- Features: Eat-in Kitchen
Basement
- Area: 0
Heating
- Has Heating (Unspecified Type)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,872
- Finished area above ground: 2,872
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 0.27 Acres
Details
- Parcel number: 0090207300 LOTS 23, 24, S 5' LOT 22 B
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Municipal
Community & HOA
HOA
- Has HOA: No
Location
- Region: Tell City
Financial & listing details
- Tax assessed value: $151,000
- Annual tax amount: $2,860
- Date on market: 2/2/2026
- Date available: 01/26/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$956/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $159,900 |
Source: My State MLS #11637113 Report a problem | ||
| 6/5/2026 | Price change | $159,900-5.4% |
Source: My State MLS #11637113 Report a problem | ||
| 5/9/2026 | Price change | $169,000-5.3% |
Source: My State MLS #11637113 Report a problem | ||
| 4/8/2026 | Price change | $178,500-2.9% |
Source: My State MLS #11637113 Report a problem | ||
| 2/2/2026 | Listed for sale | $183,900-2.7% |
Source: My State MLS #11637113 Report a problem | ||
| 1/18/2026 | Listing removed | $189,000 |
Source: My State MLS #11576775 Report a problem | ||
| 9/18/2025 | Listed for sale | $189,000-5.5% |
Source: My State MLS #11576775 Report a problem | ||
| 9/6/2025 | Listing removed | $199,900 |
Source: My State MLS #11540178 Report a problem | ||
| 9/2/2025 | Price change | $199,900-8.7% |
Source: My State MLS #11540178 Report a problem | ||
| 7/21/2025 | Listed for sale | $219,000 |
Source: My State MLS #11540178 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,600 +0.5% | $151,000 +16.2% |
| 2024 | $2,586 +5.5% | $130,000 +0.5% |
| 2023 | $2,452 +5.7% | $129,300 +5.5% |
| 2022 | $2,320 +6.9% | $122,600 +5.7% |
| 2021 | $2,170 -2.3% | $116,000 +6.9% |
| 2020 | $2,220 +0.8% | $108,500 -2.3% |
| 2019 | $2,202 +2.2% | $111,000 +0.8% |
| 2018 | $2,154 -1.5% | $110,100 +2.2% |
| 2017 | $2,186 | $107,700 +0.1% |
| 2016 | $2,186 -1.7% | $107,600 -3.2% |
| 2014 | $2,224 +88.5% | $111,200 +88.5% |
| 2013 | $1,180 -41.3% | $59,000 -41.3% |
| 2011 | $2,010 -4.5% | $100,500 -4.5% |
| 2010 | $2,104 | $105,200 |
| 2009 | $2,104 | $105,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47586
Nearby schools
GreatSchools rating
- 5/10William Tell Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 6/10Tell City Jr-Sr High SchoolGrades: 7-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Tell City-troy Twp School Corp
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Perry County
- Tell City
- 47586
- 1017 9th St





