721 N 7th St Vincennes, IN 47591
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
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: 6/20/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$245,000
721 N 7th St
$2,909
closing credit¹
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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. Residents of Vincennes, IN typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
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.
Over 6 listings were sold over their listed price in May 2025 in Vincennes, IN. In the same period over 18 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Vincennes, IN between April and May 2025 decreased by 4.3%.