- – beds
- – baths
- – sqft
- 7,187 sqft lot
- 1890 build
Here's your chance to own a fully occupied 4-unit multifamily property with strong rental demand and upside potential. Each unit is currently rented, providing immediate cash flow, and there's already a waitlist-testament to the property's excellent location and rental appeal. The building features solid construction, spacious layouts, and the kind of vintage charm that's hard to find today. Whether you're a buy-and-hold investor looking for stable income or someone ready to roll up your sleeves and add value through thoughtful updates, this property is a rare gem. With cosmetic improvements, there's significant potential to increase rents and long-term property value. Don't miss this unique opportunity to own a high-demand asset with steady income and room to grow.
Last checked:
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Last updated Jun 21, 2025
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MLS# 22046074 —
The Building
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Year Built:1890
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New Construction:false
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Levels:Two
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Basement:true
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Security Features:Smoke Alarm
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:40.453549
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Longitude:-85.368792
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Parcel Number:050311303018000006
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Acres:<1/4 Acre
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Lot Size Acres:0.17
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Lot Size SqFt:7,187 Sqft
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Price Per Acre:817647
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View:Neighborhood
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View:true
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Current Use:Residential
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Road Access:Frontage Road
Listing Agent
- Contact info:
- Agent phone:
- (203) 768-3942
- Office phone:
- (812) 230-6651
Taxes
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Tax Lot:050311303018000006
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Tax Year:2024
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Semi Annual Property Tax Amt:590
Utilities
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Solid Waste:No
Schools
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High School District:Blackford County Schools
The Community
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Subdivision Name:No Subdivision
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/19/25
Jun 19, 2025
|
Listed / Active | MIBOR | $139,000 | |
3/1/25
Mar 1, 2025
|
Relisted | MIBOR | ||
2/20/25
Feb 20, 2025
|
Pending | MIBOR |