20015 Star Valley Way Borden, IN $ 349,000
20015 Star Valley Way
$ 349,000
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20015 Star Valley Way

Borden, IN, 47106
$ 349,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,204

20015 Star Valley Way, Borden, IN 47106 - Image 1
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20015 Star Valley Way, Borden, IN 47106 - Image 13
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Commercial Property for sale in Borden, IN

for $349,000. This building was built in 1990 on a lot size of 1.

Pleased to exclusively present the opportunity to acquire a five-unit multifamily property totaling 3,720 rentable square feet on a one-acre lot in Borden, Indiana.? The property features a mix of one and two-bedroom floor plans across single-story construction, including two 2-bedroom/1-bath units, a recently remodeled unit, and a spacious largest unit.? The building is served by two furnaces and two water heaters (gas and electric), with shared utility service and rents structured by unit size.? Three of the five units are currently occupied and producing income, with two units available for renovation and lease-up.? Borden presents a compelling investment environment driven by an affluent rural demographic, limited rental inventory, and proximity to the Louisville metropolitan market.? ? Residents enjoy a quiet, established small-town setting with strong schools (Borden Elementary and High School both rated B+), level topography, no flood risk (Zone X), and fiber internet availability — all within a roughly 30-minute commute to the greater Louisville MSA.? With in-place income, two units offering immediate value-add, below-market rents across the occupied units, and an entry price comparable to a single-family home, 20015 Star Valley Way offers investors an attractive opportunity to acquire a stable, well-located income property with clear upside in a growing Southern Indiana market.? Property sold as-is.?

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Commercial Active

Price

$ 349,000

Property Type

Commercial

Taxes

$ 2,179

Style

Lot Size

1

Year Built

1990

Town/City

Borden

County/Region

Clark

MLS | Web ID

202609885

Features
General
Construction Materials Frame
Year Built 1990
Township Wood
Property Subtype Multi Family
County Clark
Property Type Commercial Sale
Status Active
Directions From IN-60 W Turn left onto Star Valley Way Turn right 358 ft onto roadway
City Borden
Lot Size Units Acres
Lot Size Square Feet 43560
Tax Annual Amount 2179
Virtual Tour https://www.corelistingmachine.com/home2/9BBKZE
Standard Status Active
Property Sub Type Additional Multi Family
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Exterior
Lot Size Area 1
Building Area Total 3720
Lot Size Acres 1
Lot Size Source Assessor
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* Excluded Features
List By
Stephannie Wilson

Listing Agent

Nexthome Wilson Real Estate

Broker

s.realtorwilson2@gmail.com

Email

Affordability Calculator

$2,385
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,204
Monthly Property Taxes
$182
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$349,000 Listed Price

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20015 Star Valley Way, Borden, IN, 47106 is a Commercial Property for sale at $349,000 with a lot size of 1. 20015 Star Valley Way was built in 1990. The property's zip code is 47106 which is in Borden, IN