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Big 4 Station Residence 124 W Chestnut St 15 Unit Apartment Building $1,890,000 ($126,000/Unit) Jeffersonville, IN 47130
Investment Highlights
- Downtown Jeffersonville dining and entertainment district
- Minutes to Louisville
- Steps away from Big 4 Walking Bridge
Executive Summary
15-Unit 2 Bedrooms/1 Bath Apartment Investment Opportunity in Bustling Downtown Jeffersonville!
*Can be easily converted to condos for maximum return value*Seller pays $8989 a year in insurance for 15 units
Welcome to 124 W Chestnut St, a rare opportunity to own a 15-unit apartment complex in the heart of one of Southern Indiana’s most vibrant downtown districts. Strategically positioned in high-traffic Downtown Jeffersonville, this property sits just steps from the city's thriving shopping, dining, and entertainment scene.
With excellent street visibility and walkability, these well-maintained units offer exceptional rental potential for investors or a versatile setup for a developer looking to sell individually. Each unit is thoughtfully designed for modern urban living—ideal for professionals, small families, or short-term rental strategies.
Property Highlights:
-15 total units
-Prime location with constant foot and vehicle traffic
-Walkable to restaurants, boutiques, cafes, and the riverfront
-Strong rental demand in a growing market
-Convenient access to Louisville and major highways
Whether you're expanding your portfolio or launching a condo sales strategy in a booming downtown corridor, 124 W Chestnut offers both stability and long-term upside.
Don't miss this unique opportunity to invest in the heart of Jeffersonville’s continued growth and revitalization.
*Can be easily converted to condos for maximum return value*Seller pays $8989 a year in insurance for 15 units
Welcome to 124 W Chestnut St, a rare opportunity to own a 15-unit apartment complex in the heart of one of Southern Indiana’s most vibrant downtown districts. Strategically positioned in high-traffic Downtown Jeffersonville, this property sits just steps from the city's thriving shopping, dining, and entertainment scene.
With excellent street visibility and walkability, these well-maintained units offer exceptional rental potential for investors or a versatile setup for a developer looking to sell individually. Each unit is thoughtfully designed for modern urban living—ideal for professionals, small families, or short-term rental strategies.
Property Highlights:
-15 total units
-Prime location with constant foot and vehicle traffic
-Walkable to restaurants, boutiques, cafes, and the riverfront
-Strong rental demand in a growing market
-Convenient access to Louisville and major highways
Whether you're expanding your portfolio or launching a condo sales strategy in a booming downtown corridor, 124 W Chestnut offers both stability and long-term upside.
Don't miss this unique opportunity to invest in the heart of Jeffersonville’s continued growth and revitalization.
Property Facts
| Price | $1,890,000 | Building Class | B |
| Price Per Unit | $126,000 | Lot Size | 0.68 AC |
| Sale Type | Investment | Building Size | 16,500 SF |
| No. Units | 15 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 2.73/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | DC | ||
| Price | $1,890,000 |
| Price Per Unit | $126,000 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.68 AC |
| Building Size | 16,500 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 2.73/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | DC |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 15 | - | 1,100 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 10-19-00-103-731.000-010 | Improvements Assessment | $130,000 |
| Land Assessment | $0 | Total Assessment | $130,000 |
Property Taxes
Parcel Number
10-19-00-103-731.000-010
Land Assessment
$0
Improvements Assessment
$130,000
Total Assessment
$130,000
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Big 4 Station Residence | 124 W Chestnut St
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