USAINBorden1-And-2-105/107/110 Brewer Drive

1-AND-2-105/107/110 Brewer Drive, Borden, IN

Name: 1-AND-2 - 105/107/110 Brewer Drive, For Sale in Borden - Zoocasa
Brand: simpler.realestate
SKU: 2026010170
Price: 630000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$630,000

420

MLS® 2026010170

Overview

Key Facts

Type Duplex

Levels Residential

Size 2790 sqft

Garage No

Taxes $13,716

Days Active 0

Lot Size 0.3400000035762787 Acres

Approx. Age 1997

Avg. Price Per Sqft $225

MLS® Number 2026010170

Property Address: 1-and-2-105/107/110 Brewer Drive, Borden, IN, 47106

Average square foot calculated using Size range provided by listing agent.

Description

Rare 3-duplex (6-unit) income portfolio in Borden, IN — offered as a single package only, not available individually. 105, 107 & 110 Brewer Dr, Borden, IN 47106 sit on three platted lots in Borden Ridge Subdivision, directly across from Borden Community Park and adjacent to Borden Elementary & Borden-Henryville Jr./Sr. High School. Built 1999-2000 by local builder Don Thieneman/SDR Development — newer construction than most competing multi-family stock in Clark/Floyd County. All six 2BR/1BA units (approx. 930 sf each, 5, 580 sf total) are 100% leased. Current in-place rent totals $6, 050/month ($72, 600/year gross income), reflecting approx. 6.3% cap rate at the $630, 000 asking price. Ownership's active rent-up program is already resetting units to $1, 200/month as leases turn, with a documented path to $86, 400/year stabilized gross rent by mid-2027. Each unit offers vaulted family-room ceilings, first-floor laundry closet, covered porch, private patio, and individual storage shed; public water/sewer, central air. All parcels are Flood Zone X. Properties are turnkey and consistently maintained - current property manager is willing to continue services for a new owner. Ideal for a 1031 exchange or portfolio investor seeking immediate cash flow, ~25 minutes from Louisville, KY. Seller will not divide portfolio. FYI, Other Income Properties For Sale as well. Call Listing agent for more details.

MLS® Number2026010170

Laundry LevelLaundry Closet, Main Level

Central VacNo

FireplaceNo

Acreage0.34

Exterior

GarageNo

Approx. Age1997

Basement

DrivewayNo Garage

Garage Spaces

HeatForced Air

A/CCentral Air

Extras

Map

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