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11708 Ironton Rd Unit 2001-2024, Shoals, IN 47581
About this home
Great Investment. 24 all brick units in Shoals- Martin County. This property offers a 8.5% cap rate and great NOI. 16- 1BD/1BA and 8- 2BD/1BA. Tenants pay their own electric and owner pays water (tenants pay a flat fee monthly to cover). Common Laundry room and playground. Showings are available with a 24 hour notice.
Redfin Estimate
Market trends in 47581, IN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 11708 Ironton Rd Unit 2001-2024
$46/sq ft
$51/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking/Garage Information
- # of Open Parking Spaces: 48
- Parking Features: Off Street, Parking Lot
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 24
- # of Main Level Bathrooms: 32
- Interior Features
- Appliances: Range, Refrigerator
- Flooring: Carpet, Laminate, Tile, Vinyl
- Room Information
- Laundry Features: Common Area
- Basement Details: Crawl Space
Exterior
- Exterior Features
- Roof: Shingle
- Building Information
- Above Grade Finished Area: 16,736
- # of Stories Total: 1
- Construction Materials: Brick
- Property Features
- Pets Allowed: Breed Restrictions
- Property Information
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Raw Mls Property Sub Type: Apartment Complex
- Lot Information
- Lot Features: Level
- Lot Size Dimensions: 1.51
- Lot Size Acres: 1.51
Financial
- Tax Information
- Tax Annual Amount: $7,000
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Schools Information
- School District: Shoals Community School Corp.
- Elementary School: Shoals Community
- Middle Or Junior School: Shoals Community
- High School: Shoals
- Location Information
- Directions: From the intersection of hwy 150 and 50 go east to Shoals Community school and turn right onto Ironton Rd. Complex on Left
- Subdivision Name: None
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Martin County
- APN: 51-06-29-200-019.000-003
Other
- Listing Information
- List AOR: Bloomington BOR
Around this home
Schools
Public PreK-5 • Assigned • 0.1mi
Public 6-8 • Assigned • 0.1mi
Public 9-12 • Assigned • 0.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 20 days in 30 years
2% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.9 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.
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Home values near 11708 Ironton Rd Unit 2001-2024
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1472 Sq. Ft. | $185,979 |
3 Beds | 1.5 Baths | 994 Sq. Ft. | $128,818 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1276 Sq. Ft. | $109,660 |
2 Beds | 1.5 Baths | 1212 Sq. Ft. | $126,443 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 908 Sq. Ft. | $117,974 |
2 Beds | 2 Baths | 1008 Sq. Ft. | $156,604 |
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