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Fourplex with Separate Garages
For Sale
Contact for pricing
Pending

114 N Third, Pierceton, IN 46562

Fully leased four-unit property with individual garages and tenant-paid utilities.

Property SizeContact for details
Days on Market144

Property Features for 114 N Third

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Special Purpose
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 4

Building Details

Buildings 1
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Jacob Wiederkehr · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This fourplex contains four rental units, each paired with a separate garage. The property features a partial brick exterior and a stamped concrete driveway. All units are fully rented, and tenants pay their own utilities. The building is being sold as-is.

Located at 114 N Third in Pierceton, Indiana, the property offers an income-producing residential configuration with dedicated garage space for every unit.

Key Highlights

  • Four rental units, each with a separate garage
  • All 4 units are fully rented
  • Tenants pay utilities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store

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

172
Businesses Nearby

Demographics for 46562, IN

4,718
Population
2,593
Households
1.8
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
60.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,599
Median Household Income
$39,271
Median Earnings
$795
Median Rent
$185,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Fully leased four-unit property with individual garages and tenant-paid utilities.
Where is this quadplex located?
The property is located at 114 N Third Pierceton, IN.
What are key features of this property?
This property features: Four rental units, each with a separate garage; All 4 units are fully rented; Tenants pay utilities
More about this property
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