627 Frederick Street New Harmony, IN ^$ 425,000

627 Frederick Street

^$ 425,000

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Recently Listed

627 Frederick Street

New Harmony, IN, 47631

^$ 425,000

Bedrooms15 Baths8.0 Sq 6,109

Monthly Estimate*

^$ 2,651

627 Frederick Street, New Harmony, IN 47631 - Image 1

627 Frederick Street, New Harmony, IN 47631 - Image 2

627 Frederick Street, New Harmony, IN 47631 - Image 3

627 Frederick Street, New Harmony, IN 47631 - Image 4

627 Frederick Street, New Harmony, IN 47631 - Image 5

627 Frederick Street, New Harmony, IN 47631 - Image 6

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Multi-Family Home for sale in New Harmony, IN

for $425,000 with 15 bedrooms and 8 full baths. This 6,109 square foot home was built in 1970.

New Harmony income producing 8 unit building. Recent updates with room for improvements. Offers 3 - 1 bedroom, 3 - 2 Bedroom, 2 - 3 Bedroom Units. Majority with updated HVAC systems. Storage areas in portion of basement with opportunity for laundry room addition in the future. Plenty of off-street parking available.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,418

Style

A-Frame

Year Built

1970

Town/City

New Harmony

County/Region

Posey

MLS | Web ID

202547673

Features

General

Heating Forced Air Heat Pump

Cooling Central Air

Sewer City

Status Active Active

Full Baths 8

Half Baths 0

Bathrooms 8

Year Built 1970

Parking Gravel Off Street

New Construction No

Tenant Pays Electric Heating

Subdivision Country Terrace

Style Two Story

Stories Count 2

Township Harmony

Class INVESTMENT

Type Eightplex

Age 55

Net Income 42042

Rent Income 65520

Features Off Street Parking Countertops-Laminate Eat-In Kitchen

REO No

Status Detail 0

Area Posey County

Location City/Town/Suburb

High School Mount Vernon

City New Harmony

School District MSD of Mount Vernon

Architctural Style A-Frame

Total Sq Ft 8400

Elementary School Farmersville

Middle School Mount Vernon

Legal Description Litchenberger Lot 22 & 23

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547673

Agent First Name Chadd

Agent Last Name Huffman

DOM 7

Tax Year 2025

Interior

Basement Full Basement Partially Finished

Flooring Carpet Vinyl

Beds 8

Total Number of Units 8

Microwaves 0

Refrigerators 8

Washers 0

Dryer(s) 0

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 8

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 8

W/D Hookups 0

Basement Material Block

Exterior

Exterior Aluminum Brick

Driveway Gravel

Pool No

Number of Parking Spaces 15

Lot Size Area 10977

Lot Dimensions 50x219

Lot Description Level

Fence Chain Link

Outbuilding None

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Chadd Huffman

Listing Agent

Rk Brokerage Llc

Broker

csh@rentalkeys.com

Affordability Calculator

$3,020

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $368
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Harmony, IN

Average List Price ^$425,000

Percent of Sale Price 0%

About New Harmony, IN

766 Population

-13% Since 2002

^$53,873 Median Income

52.28 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1235709 Elementary School

1237084 Middle School

Mount Vernon High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$425,000	-5.56%	Price Down
12/1/2025	$450,000		Listed Price

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627 Frederick Street, New Harmony, IN, 47631 is a Multi-Family Home for sale at $425,000 with 6,109 sqft. 627 Frederick Street has 15 bedrooms, 8.0 baths, and was built in 1970. The property's zip code is 47631 which is in New Harmony, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 12/12/2025.

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627 Frederick Street

Multi-Family Home for sale in New Harmony, IN

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