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$150,000
1 Bed
1 Bath
--sqft
218 4Th St, North Vernon, IN 47265
$150,000
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Quadruplex
Built in 1868
$-- HOA
7,100 sqft lot
--/sqft
Description
Value-Add 4-Unit Residential Investment | Cash Flow + Upside | Walkable Downtown Location This 4-unit residential investment property offers investors a rare combination of current income, immediate upside, and long-term appreciation potential in a strategic, walkable location near downtown. At full occupancy, the property generates $2,540 in monthly revenue, with one unit currently vacant, providing a clear opportunity for a buyer to increase income from day one. With targeted capital improvements, market rents support projected income of $3,000+ per month, making this an attractive cash-flowing asset and value-add play. The property is already supported by a hi...
Continue Reading- Houzeo last checked: 38 Minutes ago
- Listing updated: February 5, 2026 at 10:16 pm
- Listing Provided by: Andrew Flora | 1 Percent Lists Indiana Real Estate (812) 343-4938
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22082490
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1868
HOA Fees
-
Finished Area
- sqft
Lot Size
7,100 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22082490
MLS Status
Active
Days on Market
48
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