Listing courtesy of SELL4FREE-WELSH REALTY CORPORATION · Listing agent: Opal Sermersheim · andy.welshs4f@gmail.com

ActiveDuplex

721 S 8th Street

$188,000

$102.40 / sq ft

Est. $1,204/mo

Boonville, IN 47601

Original price $200,000 · Price reduced on August 16, 2026

Bedrooms
4
Bathrooms
2
Living area
1,836 sq ft
Lot
0.15 ac
Year built
1983
Type
Duplex
Listed
January 10, 2026
MLS #
202601071

About this home

Prime investment opportunity in a fantastic location! This solid all-brick duplex sits directly across from Oakdale Elementary School, making it ideal for long-term rental demand. Each unit features 2 bedrooms and 1 bath, with off-street parking for added convenience. One unit has a brand-new HVAC system, offering improved efficiency and peace of mind. Both units are currently rented, providing immediate income for the next owner. A clean, well-maintained property in a high-visibility area —perfect for expanding your rental portfolio.

Monthly payment estimate

$1,204/mo

Principal & interest
$1,029
Property taxes
$120
Homeowners insurance
$55
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Stories
1
Total area
1,836 sq ft
Finished area above grade
1,836 sq ft
Bedrooms above grade
4
Basement
Crawl Space
Flooring
Vinyl
Heating
Forced Air
Cooling
Central Air
Amenities
Countertops-Laminate

Exterior & parking

Construction
Brick
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.15 ac
Lot dimensions
0.15 A
County
Warrick County
Township
Boon
Platted
Yes
Planned unit development
No
Directions
Main St. to 8th St. Directly across from Oakdale School.

Schools

Elementary school
Oakdale
Middle school
Boonville
High school
Boonville
School district
Warrick County School Corp.

Taxes & terms

Annual taxes
$1,444
Tax year
2025
Possession
DOC
Parcel number
87-09-35-209-041.000-003

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
2
Annual gross rent
$15,600
Net operating income
$14,156
Pets allowed
Yes
Tenant pays
Electricity, Heat, Sewer, Trash Collection, Water

Location

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