Quadplex with Barn and Additional
For Sale
$125,000
State Hwy 246, Patricksburg, IN 47455
MULTI_FAMILY - Patricksburg, IN
Property Size4,174 SF
Lot Size1.30 Acres
Price / SF$29.95
Days on Market59
Property Features for State Hwy 246
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 6, Bathroom 8, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 5
Parking
10
Lot features
Irregular, 0-2.9999
Elementary school
Patricksburg
Middle school
Owen Valley
High school
Owen Valley
Elementary school district
Spencer-Owen Community Schools
Middle school district
Spencer-Owen Community Schools
High school district
Spencer-Owen Community Schools
Directions
Hwy 246 into Patricksburg, next to old gas station. Park on Double St. This in included in property.
Subdivision
Owen County
Standard status
Active
APN
60-12-15-200-270.440-023
Size
4,174 SF
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NE NW S15 T10 R5 1.30A
Legal Description
PT NE NW S15 T10 R5 1.30A
Building Details
Year built
1980
Floors in Building
1
Number of units
4
Roof type
Metal
Architectural style
Other
Listing Agency:
RE/MAX Select Associates, Inc.
(812) 828-5310
Listed By:
Amy Highfield · License #RB20000479
(317) 501-6623
Added: Jun 22
Changed: Aug 1
Last Checked: Aug 19 at 7:06PM
MLS# 202624889
Copyright © 2026 Indiana Uplands Realtor® Association. 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 quadplex offering includes four separate one-story, one-bedroom, one-bath duplexes, plus a barn and two additional buildings. The property is situated on 1.3 acres in the center of Patricksburg, with a total building size of 4,174 square feet. Built in 1980, the buildings feature a metal roof.
The combination of multiple duplex units and extra structures can support a variety of residential income configurations, depending on how you plan to operate the site. The setup is straightforward: four distinct duplex buildings are included, along with the barn and the two other buildings, all under one ownership.
If you’re looking for a multi-unit residential income property with on-site flexibility, this quadplex package provides multiple units and supplementary buildings on a single 1.3-acre lot.
The combination of multiple duplex units and extra structures can support a variety of residential income configurations, depending on how you plan to operate the site. The setup is straightforward: four distinct duplex buildings are included, along with the barn and the two other buildings, all under one ownership.
If you’re looking for a multi-unit residential income property with on-site flexibility, this quadplex package provides multiple units and supplementary buildings on a single 1.3-acre lot.
Key Highlights
- Four separate one‑story one‑bedroom, one‑bath duplexes included
- Includes a barn plus two additional buildings
- 1.3 acres in the center of Patricksburg, IN
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 47455, IN
55
Population
40
Households
1.4
Avg Household Size
33
Median Age
100%
High-School Grad
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate one-story duplexes with one bedroom and one bath each sit on 1.3 acres in Patricksburg.
Where is this quadplex located?
The property is located at State Hwy 246 Patricksburg, IN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Four separate one‑story one‑bedroom, one‑bath duplexes included; Includes a barn plus two additional buildings; 1.3 acres in the center of Patricksburg, IN
