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Fully Rented Quadplex
For Sale
$549,900

520-526 5th Street, Bedford, IN 47421

MULTI_FAMILY - Bedford, IN

Property Size3,472 SF
Lot Size0.53 Acres
Price / SF$158.38
Days on Market472

Property Features for 520-526 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4
Parking 4
Fireplace 1
Basement Block
Lot features Level
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 5th Street - E out of town
Subdivision Lawrence County
Standard status Active
APN 47-06-13-202-023.000-010
Size 3,472 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BAILEY LOT 17 18 & 19 150 X 155 3/19/15 Contract: Hoosier Property Solutio ns, LLC
Tax Annual Amount 2700
Legal Description BAILEY LOT 17 18 & 19 150 X 155 3/19/15 Contract: Hoosier Property Solutio ns, LLC

Utilities

Cooling system Central Air

Building Details

Year built 1988
Floors in Building 1
Number of units 4
Flooring type Tile - Ceramic, Laminate
Roof type Shingle
Architectural style Other
Listing Agency: Hawkins & Root Real Estate
Listed By: Christina Root · License #RB15991742
Added: May 14, 2025 Changed: Aug 3 Last Checked: Aug 28 at 5:06AM
MLS# 202517632

Copyright © 2026 Bedford Board of Realtors. 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.

Fully rented quadplex in Bedford, Indiana, configured as two separate all-brick buildings. The property includes four units, each with 868 sq ft of living space, with two bedrooms, one full bathroom, and a 1-car garage. Central air provides cooling throughout, and interior finishes include ceramic tile and laminate flooring. A fireplace is indicated for the property.

Construction dates to 1988. The roof is shingle, with a roof replacement completed in 2010. HVAC updates include systems updated in 2017 for units 520-522 and HVAC systems updated in 2018 for units 524-526. All units are currently leased with signed agreements.

Tenants are responsible for electric. The lot size is 0.53 acres, and the property size is 3,472 square feet.

Key Highlights

  • Four leased units in two separate all‑brick buildings
  • 868 sq ft per unit with two bedrooms, one full bath, and a 1‑car garage
  • 0.53‑acre lot; 3,472 total SF

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Cosmetic Store Tanning Salon Pet Store Pet Store & 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.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

185
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

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 - Quadplex with four leased units, ceramic tile and laminate floors, central air, and shingle roof.
Where is this quadplex located?
The property is located at 520-526 5th Street Bedford, IN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Four leased units in two separate all‑brick buildings; 868 sq ft per unit with two bedrooms, one full bath, and a 1‑car garage; 0.53‑acre lot; 3,472 total SF
More about this property
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