Duplex with Two 1-Car
4607-4609 Brush College Road Floyds Knobs, IN 47119
4607-4609 Brush College Road, Floyds Knobs, IN, 47119
$429,900
For Sale
$429,900
Each side features 3 bedrooms, 2 full bathrooms, and a 1-car garage, with additional parking and current leases in place.
Property Size4,404 SF
Price / SF$97.62
Days on Market1525
Property Features for 4607-4609 Brush College Road
General Information
- Standard status
- Active
- Size
- 4,404 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1992
Listing agency
Schuler Bauer Real Estate Services ERA Powered (N
(812) 948-2888
Listed by
Tammy Hogan
(812) 948-2888
Source
Xome
Added: May 19, 2022 Updated: Jul 21 at 6:37AM Checked: Jul 21 at 6:37AM
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 Schuler Bauer Real Estate Services ERA Powered (N
Investment Insights
Based on property information with market context.
This duplex is laid out with two complete residential units. Each side offers three bedrooms and two full bathrooms, plus a 1-car garage and additional parking. The main level includes the main bedroom, kitchen, and living room, while the top floor provides two bedrooms per side along with a full bathroom.
The lower level/basement on each side includes a 1-car garage, a family room, and a laundry area, adding functional living space beyond the upper floors. Current leases are in place, and additional information can be provided as needed.
From a configuration standpoint, the property provides repeating unit layouts with dedicated garages and laundry space within each side, supporting steady occupancy under the existing leases.
The lower level/basement on each side includes a 1-car garage, a family room, and a laundry area, adding functional living space beyond the upper floors. Current leases are in place, and additional information can be provided as needed.
From a configuration standpoint, the property provides repeating unit layouts with dedicated garages and laundry space within each side, supporting steady occupancy under the existing leases.
Key Highlights
- Duplex built in 1992 with each side offering 3 bedrooms and 2 full bathrooms
- Each side includes a 1‑car garage plus additional parking
- Basements include 3 areas, with a family room and laundry area noted
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.4k | $12.12 |
| − Vacancy | −$3.9k | −$0.88 |
| EGI | $49.5k | $11.24 |
| − OpEx | −$14.8k | −$3.37 |
| NOI | $34.6k | $7.86 |
4,404 SF · lease $12.12/SF/yr · vacancy 7.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.8K
$433.0K – $577.3K
NOI $34,636 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$445.5K
$389.8K – $519.8K
NOI $31,187 @ 7.0% cap · market cap 7.25%
Theoretical Best
Specialty Retail
$3.18M
$2.79M – $3.71M
NOI $222,828 @ 7.0% cap · market cap 51.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Each side features 3 bedrooms, 2 full bathrooms, and a 1-car garage, with additional parking and current leases in place.
Where is this duplex located?
The property is located at 4607-4609 Brush College Road Floyds Knobs, IN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Duplex built in 1992 with each side offering 3 bedrooms and 2 full bathrooms; Each side includes a 1‑car garage plus additional parking; Basements include 3 areas, with a family room and laundry area noted
