Welcome to this exceptional income-producing multi-family brick building located in the heart of Connersville, Indiana! Set on a spacious .46-acre lot, this property offers a fantastic opportunity for both seasoned investors and first-time buyers looking to expand their portfolio. Property Highlights: - Solid Brick Construction: This well-maintained building features durable brick architecture, ensuring longevity and minimal maintenance. - Multiple Income Streams: Currently configured as 4 2 bed 1 bath unit boasts its own unique charm and layout. - Expansive Lot: With .46 acres of land, there is ample space for potential expansion or additional development. Consider adding more units or creating outdoor communal areas to enhance tenant experience. - Strong Rental Demand: The area has a steady rental market, providing consistent income and the potential for appreciation over time. This property is more than just a building; it’s a strategic investment opportunity with room to grow. The existing units are generating income, and the additional land gives you the flexibility to increase your cash flow through expansion or improvement. Whether you're looking to add to your real estate portfolio or seeking a lucrative first investment, this multi-family building has the potential to meet your goals. Schedule a showing today and envision the possibilities this property has to offer! Reach out to FC TUCKER RICHMOND Cameron J. Meyers at (513) 910-6892
For sale
$399,900
115 W 21st St, Connersville, IN 47331
8beds
4baths
3,150sqft
Est.:
Quadruplex, Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Solid brick constructionDurable brick architectureExpansive lot
- 33 days
- on Zillow |
- 216 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 08:21am
Listed by:
Cameron Meyers,
FC Tucker Richmond
Source: RLMS,MLS#: 10050607

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Unit 1 Heat Type(Baseboard), Unit 2 Heat Type(Baseboard), Unit 3 Heat Type(Baseboard), Unit 4 Heat Type(Baseboard)
Cooling
- Window Unit(s)
Appliances
- Included: Unit 1 Appliances(Range-Electric, Refrigerator), Unit 2 Appliances(Range-Electric, Refrigerator), Unit 3 Appliances(Range-Electric, Refrigerator), Unit 4 Appliances(Range-Electric, Refrigerator), Electric Water Heater
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
- Has uncovered spaces: Yes
- Details: Driveway(Paved Lot)
Features
- Levels: One
- Patio & porch: None
Lot
- Size: 0.47 Acres
- Dimensions: .47
Details
- Parcel number: 210513507518.001008
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Stick
- Foundation: Crawl
- Roof: Shingle
Condition
- Year built: 1972
Utilities & green energy
- Electric: Duke
- Gas: Ohio Valley Gas Company
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Connersville
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $114,300
- Annual tax amount: $2,300
- Date on market: 3/24/2025
- Total actual rent: 1800
- Tenant pays: Unit 1 Water, Unit 2 Water, Unit 3 Water, Unit 4 Water, Unit 1 Electricity, Unit 2 Electricity, Unit 3 Electricity, Unit 4 Electricity
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