Invest in a piece of Newburgh history with this prime commercial property. This 22-unit facility, strategically located in downtown Newburgh near the Ohio River, offers a unique blend of historic charm and modern convenience. With 5 residential units and 17 commercial spaces, this property has the potential to generate over $275,000 annually in gross income. Don't miss this opportunity to own a thriving business hub in one of Indiana's most picturesque towns. Owner is a licensed Real Estate Broker.
Closed
$2,000,000
300 W Jennings St, Newburgh, IN 47630
8beds
25,800sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$1,553 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,553/mo
Zestimate® history
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$1,553/mo
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$1,553/mo
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$12,045/mo
Est. payment
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Est. payment
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List your homeWhat's special
Historic charmModern convenienceNear the ohio riverDowntown newburgh
Zillow last checked:
Listing updated:
Listed by:
Larry Carpenter III office:812-559-0458,
Carpenter Realty LLC
Bought with:
Larry Carpenter III, RB17000003
Carpenter Realty LLC
Source: IRMLS,MLS#: 202442835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 12
- Full bathrooms: 6
- 1/2 bathrooms: 6
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Concrete, Laminate, Tile
- Basement: Partial
Interior area
- Total structure area: 26,200
- Total interior livable area: 25,800 sqft
- Finished area above ground: 25,800
- Finished area below ground: 0
Property
Parking
- Total spaces: 50
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.4 Acres
- Features: Irregular Lot
Details
- Additional structures: None
- Parcel number: 871503103039.000014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Newburgh
Financial & listing details
- Annual tax amount: $9,016
- Date on market: 11/4/2024
- Inclusions: Lease
- Lease term: Month To Month,12 Months
- Total actual rent: 275000
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Sold | $2,000,000-11.1% |
Source:  IRMLS #202442835 Report a problem | ||
| 12/9/2024 | Pending sale | $2,250,000 |
Source: IRMLS #202442835 Report a problem | ||
| 11/4/2024 | Listed for sale | $2,250,000 |
Source: IRMLS #202442835 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 47630
Nearby homes
- $--2 bd2 ba1.1k sqft300 W Jennings St APT C, Newburgh, IN 47630Off Market
- $114,7002 bd1 ba1.2k sqft220 W Jennings St, Newburgh, IN 47630Off Market
- $209,900-- bd-- ba3.1k sqft3 Market St, Newburgh, IN 47630Off Market
- $200,0000.25 AcresW Jennings St, Newburgh, IN 47630Lot/Land
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- $96,7005,227 Square Feet223 W Jennings St, Newburgh, IN 47630Off Market
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Nearby schools
GreatSchools rating
- 9/10Newburgh Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Castle South Middle SchoolGrades: 6-8Distance: 2.7 mi
- 9/10Castle High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Newburgh
- Middle: Castle South
- High: Castle
- District: Warrick County School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Indiana
- Warrick County
- Newburgh
- 47630
- 300 W Jennings St
Nearby cities
Nearby zip codes
Other Newburgh Topics
