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4-Unit Quadplex
For Sale
$200,000

227 E Pine Street, Knightstown, IN 46148

Four residences are leased, with tenants responsible for utilities.

Property SizeContact for details
Days on Market57

Property Features for 227 E Pine Street

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

common laundry

Building Details

Year Built 1900
Stories 2
Units 4
Listing Agency: G. Martin Realty
Listed By: Greg Martin
Source: Gmartinrealty
Added: Sep 2 Changed: Oct 26 Last Checked: Oct 26 at 4:00AM

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 G. Martin Realty

Rey
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Investment Insights

Based on property information with market context.

This 4-unit quadplex in Knightstown dates to 1900. Each residence has 2 bedrooms, 1 bathroom, an eat-in kitchen, and about 840 square feet. A shared laundry area is located in the basement.

All four units are occupied, and tenants pay their own utilities. The property is at 227 E Pine Street in Knightstown, Indiana.

Key Highlights

  • All 4 units are occupied
  • Each unit has 2 bedrooms and 1 bathroom
  • Each residence measures about 840 square feet

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

255
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences are leased, with tenants responsible for utilities.
Where is this quadplex located?
The property is located at 227 E Pine Street Knightstown, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: All 4 units are occupied; Each unit has 2 bedrooms and 1 bathroom; Each residence measures about 840 square feet
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