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342 Lincoln Highway, 
New Haven, IN 46774

$495,000


14

Beds


12

Baths


4,561

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Harrison Bolyard

Century 21 Bradley Realty, Inc

Cell: 574-238-0777

Last updated:

April 25, 2025, 02:53 PM

MLS#

202514352

Source:

Indiana Regional MLS

About This Home

342 Lincoln Highway

Multi-family dwelling with 12 seperate units. 8 Studio apartments, currently all leased and under a 1 year lease. (9th unit possible to upgrade) 3 total units in front building, with 2 being apartments and 1 being a commercial space like a hair, nail, tax office and can be converted to a 2 bedroom apartment. The 2 apartments are under leases, with one unit being a 2 bed 1 bath, and one being 3 bed 1.5 baths. Great money making opportunity for an investor, currently bringing in around 6,000 dollars per month in rent. THIS PROPERTY EXCEEDS THE 1% RULE! Get it quick while it is available! Currently under professional property management and manager is willing to stay on and manage for the new buyer! (All room dimensions are estimates)

Home Facts

Multi-Family

12 Baths

14 Bedrooms

Built in 1955

Price Summary

495,000

$108 per Sq. Ft.

MLS #:

202514352

Last Updated:

April 25, 2025, 02:53 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

10

Interior

Living Area:

4,561 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

4,561 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

2,047,320


Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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