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#202525568, Cathy Houck, Listing office: F.C. TUCKER EMGE
Property details
About 721 N 7th St
This unique triplex features two spacious 2-bedroom residential units and a commercial office space with the potential to be converted into a third 2-bedroom apartment. Whether you're an investor looking for strong rental income or a buyer hoping to live in one unit while generating revenue from the others, this property checks all the boxes. Conveniently located near local amenities, schools, and transit, it’s a great addition to any portfolio. Don’t miss the opportunity to take advantage of its flexibility and income potential. All units are currently occupied— month-to-month agreements and long-term lease agreements—providing immediate rental income from day one.
Highlights
Home typeTriplex
HeatingNatural Gas
StatusActive
CoolingCentral Air
Lot size0.143 Acres
Year built1967
MLS #202523518
Virtual tour
Summary
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $245,000
- Annual Tax Amount: $2,433
- Tax Year: 2023
- Directions: From Hart street turn onto N 7th Street. The building will be on the corner of 7th and Scott street
- Year Built: 1967
- Stories: 1
- Lot Size: 0.143 Acres
- MLS Number: 202523518
- Office Name: KLEIN RLTY&AUCTION, INC.
- Office Phone: (812) 291-2202
- Listing Agent: Heath Klein
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: 7/16/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $79,400 | $2,433 |
| 2021 | $83,500 | $2,547 |
| 2020 | $83,500 | $2,533 |
| 2018 | $83,300 | $2,556 |
| 2017 | $83,100 | $2,555 |
History based on county public records data.
Nearby schools
4
James Whitcomb Riley Elementary School
Public District KG-5
0.3 mi
•1008 Upper 11th St
3
Francis Vigo Elementary School
Public District PK-5
0.8 mi
•1513 Main St
4
Tecumseh-Harrison Elementary School
Public District KG-5
0.9 mi
•2116 N 2nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,814. Typical income of Vincennes, IN residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
66%
<35k
30%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
10%
Single, with Kids
18%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Forever 21
Where do the neighbors go to eat?
Burger King
White Castle
Golden Corral
What do the neighbors drive?
Buick
Chevrolet
Kia
What do the neighbors listen to?
Urban Contemporary
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 721 N 7th St
The listing price of 721 N 7th St property is $245,000.
The property 721 N 7th St is a multi located in Vincennes, Indiana, 47591.
Active Listing: 721 N 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 721 N 7th St are: James Whitcomb Riley Elementary School (GreatSchools Rating 4/10), Francis Vigo Elementary School (GreatSchools Rating 3/10), Tecumseh-Harrison Elementary School (GreatSchools Rating 4/10), George Rogers Clark School (GreatSchools Rating 4/10), Parkview Jr High School (GreatSchools Rating 2/10), Allendale School (GreatSchools Rating 7/10), Washington Learning Academy (GreatSchools Rating 1/10), Lincoln High School (GreatSchools Rating 5/10), South Knox Middle-High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,433 (source: MLS/based on county public records data).
The year of construction for 721 N 7th St is 1967.
This home is located at 721 N 7th St in Vincennes, IN and zip code 47591. This home, which was built in 1967, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $245,000.
While more than 2 listings in Vincennes, IN in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 12 were sold below. The number of listings in Vincennes, IN decreased by 4.5% between May and June 2025. While the average time on the market in June 2025 was 13 days, the median list price was $175,000.
From Rocket Homes Real Estate and based on county public records data.