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Fully Leased Quadplex
For Sale
$549,900

520-526 5th Street, Bedford, IN 47421

INVESTMENT, One Story, Bedford, IN

Property Size3,472 SF
Lot Size0.53 Acres
Price / SF$158.38
Days on Market476

Property Features for 520-526 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 7, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 8, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking 4
Fireplace 1
Basement Block
Lot features Level
Elementary school Lincoln
Middle school Bedford
High school Bedford-North Lawrence
Elementary school district North Lawrence Community Schools
Middle school district North Lawrence Community Schools
High school district North Lawrence Community Schools
Directions 5th Street - E out of town
Subdivision Lawrence County
Standard status Active
APN 47-06-13-202-023.000-010
Size 3,472 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BAILEY LOT 17 18 & 19 150 X 155 3/19/15 Contract: Hoosier Property Solutio ns, LLC
Tax Annual Amount 2700
Legal Description BAILEY LOT 17 18 & 19 150 X 155 3/19/15 Contract: Hoosier Property Solutio ns, LLC

Utilities

Cooling system Central Air

Building Details

Year built 1988
Floors in Building 1
Number of units 4
Flooring type Tile - Ceramic, Laminate
Roof type Shingle
Architectural style Other
Listing Agency: Hawkins & Root Real Estate
Listed By: Christina Root · License #RB15991742
Added: May 14, 2025 Changed: Aug 28 Last Checked: Sep 1 at 1:06PM
MLS# 202517632

Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1988 quadplex at 520-526 5th Street comprises two separate all-brick buildings with four residential units totaling 3,472 square feet. Each unit measures 868 square feet and includes two bedrooms, one full bathroom, ceramic tile or laminate flooring, central air, and a one-car garage. The property also includes shingle roofing and fireplaces.

All four units are leased under signed agreements, with tenants responsible for electric service. The roof was replaced in 2010, while HVAC systems serving units 520-522 were updated in 2017 and systems for units 524-526 were updated in 2018. The property occupies 0.53 acres in Bedford, Indiana, within Lawrence County.

Key Highlights

  • Four 868‑square‑foot units, totaling 3,472 square feet
  • Two separate all‑brick buildings on 0.53 acres
  • Each unit includes 2 bedrooms, 1 full bathroom, and a 1‑car garage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Cosmetic Store Tanning Salon Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 47421, IN

27,798
Population
13,112
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
184.4 sq mi
ZIP Area
151
Density / Sq Mi
$66,588
Median Household Income
$39,613
Median Earnings
$827
Median Rent
$165,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units are arranged across two brick buildings with private garages and updated HVAC systems.
Where is this quadplex located?
The property is located at 520-526 5th Street Bedford, IN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Four 868‑square‑foot units, totaling 3,472 square feet; Two separate all‑brick buildings on 0.53 acres; Each unit includes 2 bedrooms, 1 full bathroom, and a 1‑car garage
More about this property
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