$215,000

117 E John Street, Alexandria, IN 46001

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
March 11, 2026 at 7:20AM
Listing Office:
RE/MAX Real Estate Solutions : 765-499-3393
Listing Agent:
Peyton Nichols : 765-499-3393
MLS ID:
22083038
  • Parking: Attached
  • Originating MLS: mibor
  • School District: Alexandria Community School Corp
  • County: Madison
  • Zoning: C & S 38'X132' W 17'X132' 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:480513404179000022
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Peyton Nichols , RE/MAX Real Estate Solutions

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alexandria Monroe Elementary School

308 W 11th St, Alexandria, IN, 46001

Grades PK-6

1.06 miles away

A

Alexandria-Monroe High School

1 Burden Ct, Alexandria, IN, 46001

Grades 7-12

0.88 miles away

A

Alexandria Monroe Academy and Cent

800 N Central Ave, Alexandria, IN, 46001

Grades 10-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.