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Four-Unit Residential Income Building
For Sale
$270,000

36 S Jefferson Street, Knightstown, IN 46148

MULTI_FAMILY - Other - Knightstown, IN

Lot Size0.11 Acres
Days on Market199

Property Features for 36 S Jefferson Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Subdivision No Subdivision
Lot features Access, Corner Lot, Sidewalks, Street Lights
Elementary school district C A Beard Memorial School Corp
Middle school district C A Beard Memorial School Corp
High school district C A Beard Memorial School Corp
Directions GPS Friendly
Standard status Active
APN 331633421439000030
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Carys Add Pt Lot 8 Blk 15
Legal Description Carys Add Pt Lot 8 Blk 15

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: David Allen
Added: Jan 14 Changed: Jun 16 Last Checked: Aug 1 at 1:06PM
MLS# 22079788

Copyright © 2026 MIBOR Service Corporation. 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 is a four-unit apartment building with each unit configured as one bedroom and one bathroom. Each apartment includes a full galley kitchen and a spacious living room, providing a consistent layout across the property. The building is offered as a multifamily residential income asset.

The property is located at 36 S Jefferson Street in Knightstown, Indiana (Henry County), with a lot size of 0.11 acres. The offering is presented as a single building, making it suitable for buyers who want one manageable asset rather than a scattered portfolio.

For tenants, the uniform 1-bedroom/1-bath design with a full galley kitchen can simplify day-to-day living and leasing decisions. For buyers, the property’s four separate units and consistent interior layout may appeal to those seeking a residential income building they can manage as one operation. The specific unit mix and functionality are clearly defined, which can help streamline underwriting and leasing planning.

Key Highlights

  • 4‑unit apartment building
  • Brick construction
  • Built in 1900

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Parking Lot & Garage

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

220
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four one-bedroom, one-bath apartments provide a straightforward residential income setup for investors and operators.
Where is this quadplex located?
The property is located at 36 S Jefferson Street Knightstown, IN.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 4‑unit apartment building; Brick construction; Built in 1900
More about this property
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