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815-817 Lancelot ct 1,632 Unit Apartment Building Offered at $550,193 CAD Jeffersonville, IN 47130
EXECUTIVE SUMMARY
Discover a PRIME INVESTMENT OPPORTUNITY with this all-brick Cape Cod duplex—ideal for savvy investors seeking IMMEDIATE INCOME and LONG-TERM potential. Each side of this duplex property features 4 spacious bedrooms and 2 full bathrooms, offering comfortable living for tenants and maximizing rental appeal. With a newer roof and recently replaced AC units, major systems are already updated, reducing upfront maintenance costs and ensuring peace of mind. Situated on a generously sized, shaded lot, this duplex provides outdoor space that's both inviting and low-maintenance. Each unit enjoys its own covered patio, perfect for relaxing or entertaining. The classic Cape Cod layout delivers charm with functionality, while the AMPLE SQUARE FOOTAGE supports high tenant demand. Located in a desirable area with strong rental comps, each side has the potential to rent for up to $2,000/month, bringing the total POTENTIAL GROSS INCOME TO $48,000 annually. Whether you're expanding your portfolio or stepping into your first multi-family investment, this property checks all the boxes: LOCATION, CONDITION, INCOME POTENTIAL, AND LOW MAINTENANCE. Don’t miss out on this turnkey duplex—schedule your showing today and start building equity while generating cash flow from day one!
PROPERTY FACTS Under Contract
| Price | $550,193 CAD | Property Type | Multifamily |
| Price Per Unit | $337 CAD | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 3,780 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 1632 | Year Built | 1974 |
| Price | $550,193 CAD |
| Price Per Unit | $337 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 1632 |
| Property Type | Multifamily |
| Lot Size | 0.42 AC |
| Building Size | 3,780 SF |
| No. Stories | 1 |
| Year Built | 1974 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 815 | - | - |
| 4+2 | 817 | - | - |
1 1
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815-817 Lancelot ct
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