Closed

$215,000

721 N 7th St, Vincennes, IN 47591

4beds

2,950sqft

Triplex

Built in 1967

-- sqft lot

$221,200 Zestimate^®

$--/sqft

$1,404 Estimated rent

Home value

$221,200

Estimated sales range

Not available

$1,404/mo

Zestimate^® history

Owner options

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$1,404/mo

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$1,404/mo

Rent Zestimate^®

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$1,363/mo

Est. payment

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$1,363/mo

Est. payment

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What's special

Commercial office space

This unique triplex features two spacious 2-bedroom residential units and a commercial office space with the potential to be converted into a third 2-bedroom apartment. Whether you're an investor looking for strong rental income or a buyer hoping to live in one unit while generating revenue from the others, this property checks all the boxes. Conveniently located near local amenities, schools, and transit, it’s a great addition to any portfolio. Don’t miss the opportunity to take advantage of its flexibility and income potential. All units are currently occupied— month-to-month agreements and long-term lease agreements—providing immediate rental income from day one.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater
Laundry: Washer Hookup

Features

Laminate Counters
Flooring: Carpet, Laminate
Basement: None

Interior area

Total structure area: 2,950
Total interior livable area: 2,950 sqft
Finished area above ground: 2,950
Finished area below ground: 0

Property

Parking

Total spaces: 8
Parking features: Off Street Parking

Features

Levels: One
Stories: 1

Lot

Size: 6,229 Square Feet
Dimensions: 134x47
Features: Corner Lot, Level, Landscaped

Details

Additional structures: None
Parcel number: 421221402086.000022

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Shingle Siding, Vinyl Siding

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

Location

Region: Vincennes

Financial & listing details

Annual tax amount: $2,435
Date on market: 6/19/2025
Inclusions: Building
Lease term: Month To Month
Total actual rent: 25500
Tenant pays: Electricity, Fuel

Price history

Date	Event	Price
9/4/2025	Sold	$215,000-12.2%
Source: IRMLS #202523518 Report a problem
8/1/2025	Pending sale	$245,000
Source: IRMLS #202523518 Report a problem
6/19/2025	Listed for sale	$245,000
Source: IRMLS #202523518 Report a problem