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Two-Unit Duplex with Storage
New
For Sale
$179,900

1708 24th St, Bedford, IN 47421

Fully occupied property with separate residential units, laundry hookups, and included kitchen appliances.

Property Size2,972 SF
Price / SF$60.53
Days on Market5

Property Features for 1708 24th St

General Information

Standard status Active
Size 2,972 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

laundry hookups
kitchen appliances
dedicated storage room
extensive storage shelving in the basement

Building Details

Year Built 1940
Buildings 1
Tenancy Multi
Listing Agency: Carpenter REALTORS Martinsville
Listed By: Brandon Warfield · License #RB14038234
Source: Barberryrealty
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 1:50PM

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 Carpenter REALTORS Martinsville

Investment Insights

Based on property information with market context.

This 2,972-square-foot duplex, built in 1940, contains two residential units with a combined layout of 4 bedrooms and 3 bathrooms. One unit offers 2 bedrooms and 2 bathrooms, while the second provides 2 bedrooms and 1 bathroom. Both units include laundry hookups and kitchen appliances, along with functional living areas. A dedicated storage room is positioned at the rear of the building, and the basement includes extensive shelving for additional storage.

The property is fully occupied, with both tenants in place for nearly two years under month-to-month leases. The existing arrangement provides an established occupancy history and lease flexibility for a future owner. Current rental rates are below market value, according to the property information.

Key Highlights

  • 2,972‑square‑foot duplex built in 1940
  • Two units totaling 4 bedrooms and 3 bathrooms
  • Unit mix includes one 2‑bedroom, 2‑bath unit and one 2‑bedroom, 1‑bath unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop HVAC Service Restaurant (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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 47421, IN

27,798
Population
13,112
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
184.4 sq mi
ZIP Area
151
Density / Sq Mi
$66,588
Median Household Income
$39,613
Median Earnings
$827
Median Rent
$165,200
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?
Duplex - Fully occupied property with separate residential units, laundry hookups, and included kitchen appliances.
Where is this duplex located?
The property is located at 1708 24th St Bedford, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 2,972‑square‑foot duplex built in 1940; Two units totaling 4 bedrooms and 3 bathrooms; Unit mix includes one 2‑bedroom, 2‑bath unit and one 2‑bedroom, 1‑bath unit
More about this property
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