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For sale
  • $399,900

    115 W 21st St, Connersville, IN 47331

    8beds
    4baths
    3,150sqft
    : 
    Quadruplex, Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Solid brick constructionDurable brick architectureExpansive lot
    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
    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#: 10050607MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 115 W 21st St.

    Next available tour time:Tomorrow at 9am

    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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