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Four-Unit Apartment Building
For Sale
$215,000

117 E John St, Alexandria, IN 46001

Mixed one- and two-bedroom layouts with current leases and one available unit.

Property SizeContact for details
Days on Market39

Property Features for 117 E John St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Building Details

Year Built 1953
Listing Agency: RE/MAX Real Estate Solutions
Listed By: Peyton Nichols · License #RB23001404
Source: Eveloteam
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 28 at 5:03AM

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 RE/MAX Real Estate Solutions

Investment Insights

Based on property information with market context.

This four-unit apartment property, built in 1953, includes two two-bedroom residences and two one-bedroom residences. The configuration provides a mix of layouts within a compact multifamily asset at 117 E John St in Alexandria, Indiana.

Apartment D is leased through 4/30/2027, while Apartment A has a lease extending through 3/31/2027. Apartment B is also leased, and Apartment C remains vacant. The existing lease schedule and unit mix provide a clear view of the current operating configuration for a buyer evaluating the property.

Key Highlights

  • Four‑unit multifamily property built in 1953
  • Unit mix includes two 2‑bedroom and two 1‑bedroom apartments
  • Apartment D leased through 4/30/2027

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply HVAC 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

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 46001, IN

10,676
Population
5,065
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
77.2 sq mi
ZIP Area
138
Density / Sq Mi
$66,379
Median Household Income
$42,283
Median Earnings
$875
Median Rent
$136,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Mixed one- and two-bedroom layouts with current leases and one available unit.
Where is this quadplex located?
The property is located at 117 E John St Alexandria, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1953; Unit mix includes two 2‑bedroom and two 1‑bedroom apartments; Apartment D leased through 4/30/2027
More about this property
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