47408, IN Investment Properties

10,750 results

Find, analyze, and compare investment properties in 47408, IN, including off-market opportunities and residential homes with value-add potential. The 47408 area offers a diverse housing market with single-family residences (SFRs), multi-family properties, and vacant homes. This ZIP code offers investment potential for long-term rentals (LTRs), as highlighted by 47408 housing market trends. Property Intel by Whitepages makes it easy to uncover off-market properties, compare ZIP code and neighborhood benchmarks, and access owner contact information to help you find the best investment properties in 47408, Indiana for your real estate goals.

In 47408, the median property value currently stands at $328,971, reflecting a -6.62% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $470,411 (a 43.55% gain). The housing market includes a total of 6,220 houses.The median home in 47408 has 1,872 square feet of living space, priced at a median of $184 per square foot with a median year built of 1970. For long-term rental properties in 47408, the median annual gross rental income is $36,000 (or $3,000/month) with estimated operating expenses of $8,849, resulting in an approximate gross cap rate of 7.98%.

Property Intel by Whitepages helps investors and homeowners explore the 47408 area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in 47408, IN.

$396K - $416K

Est. Value

3 beds • 3 baths • 1,908 sq ft

Built: 1963

$264K - $280K

Est. Value

3 beds • 1 bath • 960 sq ft

Last Sold: $133K in 2007 • Built: 1954

$331K - $349K

Est. Value

3 beds • 3 baths • 2,614 sq ft

Built: 2008

$227K - $241K

Est. Value

4 beds • 2 baths • 1,728 sq ft

Last Sold: $149K in 2015 • Built: 1968

$234K - $250K

Est. Value

3 beds • 1.5 baths • 1,114 sq ft

Last Sold: $236K in 2021 • Built: 1910

$208K - $217K

Est. Value

2 beds • 1 bath • 1,080 sq ft

Built: 1946

$166K - $175K

Est. Value

3 beds • 2.5 baths • 1,240 sq ft

Last Sold: $104K in 2011 • Built: 2005

$197K - $206K

Est. Value

2 beds • 1 bath • 977 sq ft

Built: 1899

$329K - $348K

Est. Value

4 beds • 2.5 baths • 2,119 sq ft

Last Sold: $190K in 2012 • Built: 1990

$154K - $165K

Est. Value

1 bed • 2 baths • 872 sq ft

Last Sold: $145K in 2022 • Built: 1928

$387K - $411K

Est. Value

4 beds • 2 baths • 2,422 sq ft

Last Sold: $200K in 2018 • Built: 1965

$465K - $486K

Est. Value

3 beds • 3 baths • 2,737 sq ft

Built: 2006

$210K - $227K

Est. Value

3 beds • 2 baths • 1,344 sq ft

Last Sold: $180K in 2023 • Built: 1969

$260K - $272K

Est. Value

3 beds • 2 baths • 2,166 sq ft

Last Sold: $224K in 2015 • Built: 2000

$180K - $191K

Est. Value

3 beds • 2 baths • 1,040 sq ft

Last Sold: $115K in 2015 • Built: 1968

$167K - $175K

Est. Value

3 beds • 2.5 baths • 1,240 sq ft

Last Sold: $122K in 2016 • Built: 2005

$433K - $451K

Est. Value

3 beds • 1.5 baths • 2,164 sq ft

Last Sold: $490K in 2015 • Built: 1940

$309K - $332K

Est. Value

3 beds • 2 baths • 1,920 sq ft

Built: 1955

$324K - $339K

Est. Value

3 beds • 2 baths • 2,018 sq ft

Last Sold: $270K in 2014 • Built: 2000

$233K - $243K

Est. Value

3 beds • 1 bath • 950 sq ft

Last Sold: $113K in 2007 • Built: 1954

$276K - $293K

Est. Value

3 beds • 1.5 baths • 1,290 sq ft

Built: 1952

$396K - $415K

Est. Value

4 beds • 3.5 baths • 3,302 sq ft

Last Sold: $390K in 2019 • Built: 2003

$322K - $346K

Est. Value

4 beds • 2 baths • 2,109 sq ft

Last Sold: $366K in 2018 • Built: 1919

$225K - $236K

Est. Value

2 beds • 2 baths • 1,592 sq ft

Built: 1930

$232K - $243K

Est. Value

3 beds • 2 baths • 1,640 sq ft

Last Sold: $164K in 2016 • Built: 1964

$234K - $247K

Est. Value

2 beds • 1 bath • 904 sq ft

Last Sold: $213K in 2021 • Built: 1920

$329K - $342K

Est. Value

4 beds • 2.5 baths • 2,127 sq ft

Last Sold: $218K in 2014 • Built: 1988

$261K - $272K

Est. Value

2 beds • 2 baths • 1,744 sq ft

Last Sold: $163K in 2012 • Built: 1979

$400K - $429K

Est. Value

4 beds • 3 baths • 2,080 sq ft

Last Sold: $265K in 2018 • Built: 1968

$450K - $475K

Est. Value

4 beds • 4.5 baths • 3,248 sq ft

Last Sold: $560K in 2022 • Built: 1996

IN47408
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Housing Market Trends & Statistics for 47408, Indiana

Median Property Value
$328,971
Total number of Properties
6,220
Median Living Space
1,872 sq ft
Median Year Built
1970 (55 years)
5-Year Appreciation Forecast
$470,411
Median Lot Size
23,958 sq ft
Average Ownership
6 months
for 47408, IN
  • Est. Rental Income
    $36,000 ($3,000 per month)
  • Net Operating Income
    $27,151 ($2,263 per month)
  • Cap Rate
    7.98%

Find Investment Properties in 47408

Nearby Cities

  1. Bloomington Investment Properties
  2. Unionville Investment Properties
  3. Ellettsville Investment Properties
  4. Spencer Investment Properties
  5. Gosport Investment Properties
  6. Nashville Investment Properties
  7. Solsberry Investment Properties
  8. Morgantown Investment Properties
  9. Paragon Investment Properties
  10. Martinsville Investment Properties

Nearby Neighborhoods

  1. Elm Heights in Bloomington, IN
  2. Western Hills in Columbus, IN
  3. U.S. 31 - Indianapolis Road in Columbus, IN
  4. Downtown Columbus in Columbus, IN
  5. Central Columbus in Columbus, IN
  6. Western Rocky Ford in Columbus, IN
  7. East Columbus in Columbus, IN
  8. Camby in Camby, IN
  9. East 25th Street in Columbus, IN
  10. Southern Dunes in Indianapolis, IN

Frequently Asked Questions