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Map

Directions

Heading S on IN 15, turn left onto W 700 S, continue onto Section St, Turn right onto S Main St, property is on the right.

Description

Brimming with charm and bursting with opportunity, this stately multi-unit building is a true gem for any investor! Standing tall with timeless character, the property boasts recent updates that enhance its appeal. Inside, you’ll find generously sized units that tenants will love—bright, spacious, and full of possibilities. With separate gas and electric utilities, you’ll enjoy maximized profits without the burden of extra utility costs, and city water and sewer provide worry-free convenience—no well or septic headaches here! Currently configured as a 4-unit powerhouse, this building offers exciting room to grow—with the potential to expand to 6 units, the income possibilities truly shine! Unit 1: 2 bed/1 bath with a bonus 1 bed/1 bath in-law suite. Unit 2: 2 bed/1 bath plus a bonus studio in-law suite. Unit 3: Spacious 3 bed/1 bath. Unit 4: 2 bed/1 bath. Thinking even bigger? Add coin-operated laundry, self-storage options, or transform space into even more rental units—your earning potential just keeps growing. With newer mechanicals and gas water heaters for added efficiency and reliability. Don’t miss this sparkling opportunity to own a versatile, income-generating property that’s ready to work for you from day one!

Details

  • Property Details

  • MLS #:
    202527751
  • Price
    $360,000
  • Bedrooms
    10
  • Baths Total
    6
  • Full Baths
    6
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.14
  • Approx. Lot Size SqFt
    6,098
  • Class
    Investment
  • DOM
    122
  • Lot Dimensions
    90X66
  • New Construction
    No
  • Parcel ID#
    43-15-20-100-015.000-002
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    6,204
  • Total SqFt
    9,306
  • Year Built
    1925
  • Zip
    46510
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: December 15 2025, 10:03 AM

Listing courtesy of: James Bausch, RE/MAX Results

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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