430 Central Avenue Connersville, IN $ 1,600,000
430 Central Avenue
$ 1,600,000
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430 Central Avenue

Connersville, IN, 47331
$ 1,600,000
Bedrooms-- Baths-- Sq 28,836

Monthly Estimate*

$ 9,851

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Commercial Property for sale in Connersville, IN

for $1,600,000. This 28,836 square foot building was built in 1900 on a lot size of 0.36.

Well-maintained 24-unit apartment building located in the heart of downtown Connersville. All units have been fully updated between 2023-2024 with new flooring, fresh paint, modern kitchens, and renovated bathrooms-offering tenants comfortable, move-in-ready living spaces. The building features a shared laundry room equipped with three coin-operated washers, three coin-operated dryers, and convenient folding stations for residents. The property also includes an 18-space private parking lot, with additional street parking available along the north and west sides of the building.A turnkey investment opportunity with significant upgrades already completed and strong tenant appeal in a central downtown location.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 5,114

Style

Multi-Family 5+

Lot Size

0.36

Year Built

1900

Town/City

Connersville

County/Region

Fayette

MLS | Web ID

22085540

Features
General
Utilities Cable Connected Electricity Connected Sep Electric Meter Sewer Connected Water Connected
Possession Closing
Roof Metal Rubber
Zoning General Business
Security Features Closed Circuit Camera(s) Fire Alarm Fire Escape Key Card Entry Smoke Detector(s)
Year Built 1900
Stories Count 3
Township Connersville
Levels Three Or More
Property Subtype Multi-Family 5+
Tax Year 2025
Current Use Apt>20
Building Name Central Plaza Apartments
Additional Parcels Description 0100066400
County Fayette
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Connersville
High School District Fayette County School Corporation
Number Of Units Total 24
MLS Area 2105 - Fayette - Connersville
Lot Size Square Feet 15681
Carport Spaces 0
Property Attached Y/N Y
Middle/Junior High School Connersville Middle School
Additional Parcels Y/N Y
Structure Type Apartment Building
Standard Status Active
Tax Lot 0100066200
Legal Description CONNERS ORIG. PT. LOT # 49 430 CENTRAL AVE.
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Interior
Basement Storage Space Unfinished
Basement (Y/N) Y
Laundry Features Common Laundry Laundry Room Main Level
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Exterior
Building Area Total 28836
Lot Size Acres 0.36
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Amr Real Estate Llc

Broker

niclucas072@gmail.com

Email

Affordability Calculator

$10,278
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4050376 Elementary School
4051923 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,600,000 Listed Price

Map


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430 Central Avenue, Connersville, IN, 47331 is a Commercial Property for sale at $1,600,000 with 28,836 sqft and a lot size of 0.36. 430 Central Avenue was built in 1900. The property's zip code is 47331 which is in Connersville, IN