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3,720 sqft

$349,000

20015 Star Valley Way, Borden IN, 47106

Price per sqft$93.82
Built in1990
Property size3,720 sqft
Property typeCommercial

Overview

Active

Listed Jul 6, 2026

Updated Aug 24

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.?

Additional information

MLS® ID
202609885

Interior Features

Basement
No

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$2,179
Tax Frequency
Annually
MLS provider logo

Listed by Stephannie Wilson with NextHome Wilson Real Estate
Listing Contact: 812-924-7024 

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 8/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Southern Indiana REALTORS® Association all rights reserved.

Data last updated on 8/24/2026 at 2:55 PM UTC

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