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Four-Unit Quadplex with Storage
New
For Sale
$249,900

409 Waynetown Rd, Crawfordsville, IN 47933

Brick four-unit property with varied apartment layouts, storage units, and a two-vehicle carport.

Property SizeContact for details
Days on Market3

Property Features for 409 Waynetown Rd

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1964
Listing Agency: Taylor Real Estate Specialists
Listed By: Lisa Taylor · License #RB14032087
Source: Eveloteam
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 10:59AM

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 Taylor Real Estate Specialists

Investment Insights

Based on property information with market context.

This 1964 brick quadplex contains four separate apartments, including two one-bedroom units and larger two- and three-bedroom layouts. The lower-level apartment includes a partial walk-out design, egress windows, and its own exterior entrance. Select apartments have laundry connections. Four additional storage units and a former attached garage used for storage expand the property's functional space, while a two-vehicle carport and asphalt parking serve residents and occupants.

The property encompasses approximately 0.53 acres at 409 Waynetown Rd in Crawfordsville, Indiana, with mature trees surrounding the improvements. Tenants pay their own electric service; the owner currently covers sewer, trash pickup, lawn care, and gas where applicable. Current rental rates range from $575 to $825 per month, and the property is being sold subject to tenant rights. It is served by Crawfordsville Community Schools.

Key Highlights

  • Four separate apartments with one-, two-, and three‑bedroom layouts
  • Approximately 0.53‑acre property at 409 Waynetown Rd, Crawfordsville, IN 47933
  • Four separate storage units plus a former attached garage used for storage

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Spa & Massage Center

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

102
Businesses Nearby

Demographics for 47933, IN

28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick four-unit property with varied apartment layouts, storage units, and a two-vehicle carport.
Where is this quadplex located?
The property is located at 409 Waynetown Rd Crawfordsville, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Four separate apartments with one-, two-, and three‑bedroom layouts; Approximately 0.53‑acre property at 409 Waynetown Rd, Crawfordsville, IN 47933; Four separate storage units plus a former attached garage used for storage
More about this property
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