Two-Story Multifamily
New
For Sale
$1,934,000
501 16Th Street, Bedford, IN 47421
INVESTMENT, Two Story, Bedford, IN
Property Size2,992 SF
Lot Size0.17 Acres
Price / SF$646.39
Days on Market3
Property Features for 501 16Th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Basement, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4
Parking
1
Lot features
Corner
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
HEADED EAST ON US HWY 50, TURN LEFT ON E ST, PROPERTY ON LEFT.
Subdivision
Lawrence County
Standard status
Active
APN
47-06-13-331-028.000-010
Size
2,992 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
HILLSIDE LOT 9 50 X 150 EXC 102 SQ FT SE COR
Legal Description
HILLSIDE LOT 9 50 X 150 EXC 102 SQ FT SE COR
Utilities
Cooling system
Wall Unit(s)
Building Details
Year built
1927
Floors in Building
2
Number of units
1
Architectural style
Other
Listing Agency:
Mark Dietel Realty, LLC
(317) 886-8440
Listed By:
Bradley McCleerey
(317) 445-2278
Added: Sep 24
Last Checked: Sep 26 at 9:06AM
MLS# 202639653
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 two-story multifamily property was built in 1927 and contains 2,992 square feet on a 0.17-acre lot. The interior includes four bedrooms, two bathrooms, and a basement, with wall-unit cooling. The property is offered as part of a package deal.
Key Highlights
- 2,992 square feet of building area
- 0.17‑acre lot
- Four bedrooms and two bathrooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - The residence includes a basement and wall-unit cooling.
Where is this multifamily property located?
The property is located at 501 16Th Street Bedford, IN.
What is the asking price?
The asking price for this property is $1,934,000.
What are key features of this property?
This property features: 2,992 square feet of building area; 0.17‑acre lot; Four bedrooms and two bathrooms
