$502,500
$550,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 12/04/2025
Key Details
Sold Price $502,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22063734
Sold Date 12/04/25
Year Built 1977
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Quadruplex
Property Description
Rare investment opportunity in Fortville! This all-brick quadruplex features two separate ranch-style buildings, each offering 2 bedrooms and 1 bath. Built in 1977 and owned by only the third owner, the property has been well cared for with a new roof in 2016. All units are total electric and include washer/dryer hookups plus kitchen appliances. Two units have been recently renovated and are vacant, while the other two are tenant-occupied on month-to-month leases. Convenient parking right outside each unit, walking distance to parks and shopping, and located in Mt. Vernon School district. A solid addition to any rental portfolio with immediate income potential and room for growth.
Location
State IN
County Hancock
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Building
Story One
Foundation Crawl Space
Architectural Style Ranch
Structure Type Brick
New Construction false
Schools
Middle Schools Mt Vernon Middle School
School District Mt Vernon Community School Corp
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© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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