$215,000

Property Description

Investors, this one is for you! Four unit, cash flowing property located in Farrington Grove. The fully occupied quad, with one tenant moving out soon, will be an easy transition for any new owner. This property has been well taken care of. All units remodeled since 2020, including HVAC systems. The roof is around 8 years old. Plumbing has also been updated. Each tenant is responsible for their own electricity. They pay a flat fee per month (included in the attached rent figures) for owner paid water, sewer, and gas. Please note, the gas is for the water heater, not for the HVAC systems. The property offers off street parking in the back and a shared laundry space for the tenants to utilize. ~~~ Property being sold As Is. ~~~ All units will be available to view once under contract, with 48 hour notice required. ~~~ If you are looking for multiple cash flowing quad investments, the seller has another quad property available on Swan street!

Property Facts & Features

Property Type

Multi Family

Status

For Sale

Listed

Apr 16, 2026

Price per Sq Ft

$74/sqft

ZIP Code

47802

Full Baths

4

Property Tax (2024)

$3,427/yr

Assessed Value

$158,500

Last Sold

$183,750 · Oct 19, 2026

Neighborhood

Farrington's Grove Historic District

County

Vigo

School District

Vigo County School Corp

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.45405 · Lng -87.40736