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Listed by Peyton Nichols • RE/MAX Real Estate Solutions
$215,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22083038
Year Built 1953
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Quadruplex
Property Description
Solid 4-plex in Alexandria, IN - perfect value-add opportunity. The property features two 2-bedroom units and two 1-bedroom units. Apt D is rented for $950 through 4/30/2027. Apt A is rented for $595 through 3/31/2027 and Apt B is newly rented for $925 while unit C is vacant still. Strong bones, strong rental demand, and plenty of upside for an investor or owner-operator looking to force appreciation. Don't miss this income-producing opportunity with built-in growth potential.
Location
State IN
County Madison
Interior
Fireplace N
Exterior
Garage Spaces 1.0
Building
New Construction false
Schools
Elementary Schools Alexandria Monroe Elementary School
Middle Schools Alexandria-Monroe Jr./Sr. High School
School District Alexandria Community School Corp
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