$495,000

342 Lincoln Hwy New Haven, IN 46774

$5,878
Closing credit¹
47.0 acres
Condo

Property details

About 342 Lincoln Hwy

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)

Highlights

Home typeCondominium
HeatingBaseboard, Multi Unit(s)
StatusActive
CoolingWall Unit(s), Multi Unit(s)
Lot size47 Acres
Year built1955
MLS #202514352

Virtual tour

Summary

  • MLS Number: 202514352
  • Office Name: CENTURY 21 Bradley Realty, Inc
  • Office Phone: (574) 238-0777
  • Listing Agent: Harrison Bolyard

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$495,000

342 Lincoln Hwy

$5,878

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

5

New Haven Intermediate School

Public District 3-6

0.5 mi

1065 Woodmere Dr

3

Haley Elementary School

Public District PK-5

2.7 mi

2201 Maplecrest Rd

9

Fred H Croninger Elementary School

Public Magnet KG-5

3.3 mi

6700 Trier Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,875. Residents of New Haven, IN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

30%
<35k
56%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
12%
Single, with Kids
26%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • NASCARNASCAR
  • MotocrossMotocross

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General
  • GameStopGameStop

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • JeepJeep

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 342 Lincoln Hwy

This home is located at 342 Lincoln Hwy in New Haven, IN and zip code 46774. This home, which was built in 1955, sits on a 47.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $495,000.

While more than 5 listings in New Haven, IN in March 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 18 were sold below. In March 2025 in New Haven, IN there were 1.2% more homes for sale than in February. In March 2025, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $233,450.

From Rocket Homes Real Estate and based on county public records data.

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