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Two-Bedroom Residential Income Property
For Sale
$40,000

1731 K Street, Bedford, IN 47421

INVESTMENT, One Story, Bedford, IN

Property Size900 SF
Lot Size0.04 Acres
Price / SF$44.44
Days on Market14

Property Features for 1731 K Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 2
Lot features Corner, Slope
Elementary school Lincoln
Middle school Bedford
High school Bedford-North Lawrence
Elementary school district North Lawrence Community Schools
Middle school district North Lawrence Community Schools
High school district North Lawrence Community Schools
Directions Corner of 18th and K west side
Subdivision Lawrence County
Standard status Active
APN 47-06-23-121-031.000-010
Size 900 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ORIG BED PT LOT 269 24.4 X 63
Legal Description ORIG BED PT LOT 269 24.4 X 63

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1940
Floors in Building 1
Number of units 1
Architectural style Other
Listing Agency: Mark Dietel Realty, LLC
Listed By: Bradley McCleerey
Added: Sep 24 Last Checked: Oct 7 at 5:06AM
MLS# 202639689

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property contains 900 square feet, with two bedrooms and one bathroom. Built in 1940, the building has wall-unit cooling and sits on a 0.04-acre lot in Bedford, Indiana.

Key Highlights

  • 900‑square‑foot building with two bedrooms and one bathroom
  • 0.04‑acre lot in Bedford, Indiana
  • Built in 1940; wall‑unit cooling

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Restaurant Building Supply Furniture & Home Goods Cafe & Coffee Shop Electrical 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.

Location Intelligence

Trade Area within ½ mile

790
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The 1940 building includes wall-unit cooling and a compact residential layout.
Where is this residential income property located?
The property is located at 1731 K Street Bedford, IN.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 900‑square‑foot building with two bedrooms and one bathroom; 0.04‑acre lot in Bedford, Indiana; Built in 1940; wall‑unit cooling
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