$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 3 months 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:
May 21, 2026 at 12:20AM
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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