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Four-Unit Rental Property
For Sale
$139,900

116 W Pine St, Knightstown, IN 46148

Four residential units feature individual living spaces, kitchens, baths, and laundry hookups.

Property SizeContact for details
Days on Market17

Property Features for 116 W Pine St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Amenities

laundry hook-ups
yard
enclosed front entry
Listing Agency: The Michele Group
Listed By: Michele Rinehart
Source: Exprealty
Added: Aug 5 Changed: Aug 21 Last Checked: Aug 21 at 12:25PM

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 The Michele Group

Investment Insights

Based on property information with market context.

This quadplex is configured as four residential units, each offering one bedroom, a living room, kitchen, full bathroom, and laundry hookups. Each unit measures about 900 square feet. The building includes an enclosed front entry with a foyer and stairway access to the units, while the basement provides access to most mechanical systems.

Two units are currently rented. Separate utility meters serve each unit, and tenants pay their own utilities. The property also includes a yard and is located in Knightstown, Indiana.

Key Highlights

  • Four residential units, each with one bedroom and about 900 square feet
  • Each unit includes a living room, kitchen, full bath, and laundry hookups
  • Two units are currently rented

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service (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

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 46148, IN

4,859
Population
2,137
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
95
Density / Sq Mi
$62,951
Median Household Income
$44,236
Median Earnings
$849
Median Rent
$180,900
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 feature individual living spaces, kitchens, baths, and laundry hookups.
Where is this quadplex located?
The property is located at 116 W Pine St Knightstown, IN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Four residential units, each with one bedroom and about 900 square feet; Each unit includes a living room, kitchen, full bath, and laundry hookups; Two units are currently rented
More about this property
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