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Map

Directions

Main Street to W. Franklin

Description

Turnkey investment opportunity with built-in cash flow! This well-maintained fourplex offers three occupied units with reliable long-term tenants already in place who would like to stay, minimizing vacancy risk and providing immediate income stability. Unit A includes valuable basement access with newer mechanicals and offers additional storage and added tenant convenience. Unit B, located on the upper level, has been refreshed with newer flooring, windows, and paint. Unit C features an attached garage, a highly desirable amenity that increases rental value. Studio Apartment D has been recently painted, providing a move-in-ready space. A strong addition to any investment portfolio with immediate returns and excellent long-term potential.

Details

  • Property Details

  • MLS #:
    202606198
  • Price
    $250,000
  • Bedrooms
    4
  • Baths Total
    5
  • Full Baths
    4
  • Half Baths
    1
  • Approx. Lot Size Acres
    0.18
  • Approx. Lot Size SqFt
    7,841
  • Class
    Investment
  • DOM
    14
  • Lot Dimensions
    58 x 132
  • New Construction
    No
  • Parcel ID#
    20-06-07-276-007.000-012
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    One and Half Story
  • Subdivision
    None
  • Total Finished SqFt
    2,904
  • Total SqFt
    3,872
  • Year Built
    1910
  • Zip
    46516
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

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

Last updated: March 13 2026, 9:03 AM

Listing courtesy of: Heidi Gaskill, Berkshire Hathaway HomeServices Elkhart

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