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Listed by Peyton Nichols • RE/MAX Real Estate Solutions
$ 215,000
Est. payment | /mo
7,405 Sqft Lot
$ 215,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22083038
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. One 2-bedroom is currently rented at $750/month, providing immediate income, while the remaining three units are vacant and ready for turnover or rental advertising -ideal for increasing rents and maximizing cash flow. 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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