Building Details

Year Built 1978

Buildings 1

Listing Agency: Rental Property Realty

Listed By: Ashley Riordan-Elpers Show Phone

Source: Spencerchildersgroup

Added: Sep 24 Last Checked: Sep 26 at 11:42AM

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Investment Insights

Based on property information with market context.

Built in 1978, this fourplex contains three two-bedroom units and one three-bedroom unit, each with one bathroom. Flooring includes LVP and tile. Improvements completed in 2018 included a metal roof, heat pumps, AC units, and vinyl siding.

Each unit pays its own electric and internet costs. The property uses well water and a septic system, and professional management is in place. It is approximately 30 minutes from Toyota and 35 minutes from Evansville.

Key Highlights

• Three two‑bedroom units and one three‑bedroom unit; each has one bathroom
• 2018 improvements included a metal roof, heat pumps, AC units, and vinyl siding
• LVP and tile flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Food Market

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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 47633, IN

2,455

Population

1,020

Households

2.4

Avg Household Size

44

Median Age

16%

College-Educated

85%

High-School Grad

61.2 sq mi

ZIP Area

40

Density / Sq Mi

$71,136

Median Household Income

$38,924

Median Earnings

$720

Median Rent

$135,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Quadplex - Three two-bedroom units and one three-bedroom unit each have a single bathroom.

Where is this quadplex located?

The property is located at 10080 S Koch Dr Poseyville, IN.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: Three two‑bedroom units and one three‑bedroom unit; each has one bathroom; 2018 improvements included a metal roof, heat pumps, AC units, and vinyl siding; LVP and tile flooring