Aerial view of a single-story brick home with a red house marker, surrounded by lawns and trees.
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
SEE ALL PHOTOS
Aerial view of a single-story brick home with a red house marker, surrounded by lawns and trees.
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
105/107/110 Brewer Drive 1 & 2
For Sale

105/107/110 Brewer Drive 1 & 2

105/107/110 Brewer Drive 1 & 2, Borden, IN 47106

$630,000
Rare 3-duplex (6-unit) income portfolio in Borden, IN -- offered as a single package only, not available individually. 105, 107 & 110 Brewer Dr, Borden, IN 47106 sit on three platted lots in Borden Ridge Subdivision, directly across from Borden Community Park and adjacent to Borden Elementary & Borden-Henryville Jr./Sr. High School. Built 1999-2000 by local builder Don Thieneman/SDR Development -- newer construction than most competing multi-family stock in Clark/Floyd County. All six 2BR/1BA units (approx. 930 sf each, 5,580 sf total) are 100% leased. Current in-place rent totals $6,050/month ($72,600/year gross income), reflecting approx. 6.3% cap rate at the $630,000 asking price. Ownership's active rent-up program is already resetting units to $1,200/month as leases turn, with a documented path to $86,400/year stabilized gross rent by mid-2027. Each unit offers vaulted family-room ceilings, first-floor laundry closet, covered porch, private patio, and individual storage shed; public water/sewer, central air. All parcels are Flood Zone X. Properties are turnkey and consistently maintained - current property manager is willing to continue services for a new owner. Ideal for a 1031 exchange or portfolio investor seeking immediate cash flow, ~25 minutes from Louisville, KY. Seller will not divide portfolio.
Dave Gambol

Dave Gambol

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Thank you for your interest in 105/107/110 Brewer Drive 1 & 2, Borden, IN 47106. We are reviewing your request and will be in touch shortly!

Features & Amenities

Area & Lot

  • Status For Sale
  • MLS® ID2026010171
  • TypeCommercial
  • NeighborhoodClark County

Financial

  • Sales Price$630,000
  • Real Estate Tax $10,758/yr

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