Search
Four-Unit Multifamily Property

615 E Votaw Street, Portland, IN 47371

For Sale
New
$275,000

Two properties provide four rental units with shared parking and a mix of outdoor spaces.

Property Size4,132 SF
Price / SF$66.55
Days on Market7

Property Features for 615 E Votaw Street

General Information

Standard status Active
Size 4,132 SF
Total Parking Spaces 12
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 4
Tenant in Place Yes

Amenities

newer appliances
heat pumps
storage shed
balcony
covered porch or patio
sidewalks

Building Details

Year Built 1900
Buildings 2
Listing Agency: Bret Rinehart, Rinehart Real Estate
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Nov 8 Changed: Nov 12 Last Checked: Nov 12 at 7:43AM

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 Bret Rinehart, Rinehart Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The multifamily offering at 615 E Votaw Street comprises two properties with four units totaling 4,132 square feet. Unit features include newer appliances and heat pumps; the appliances are included, except for one washer and dryer. Replacement windows and vinyl siding are in place. Outdoor features vary by unit, with a balcony at one and a covered porch or patio at the others. A storage shed is also included.

The properties share a driveway and a paved city alley, with parking for 10–12 cars. Shopping, dining and entertainment options are nearby. The property dates to 1900.

Key Highlights

  • Four units across two properties
  • 4,132 square feet total
  • Parking for 10‑12 cars

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

Demographics for 47371, IN

12,143
Population
5,458
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
85%
High-School Grad
219.6 sq mi
ZIP Area
55
Density / Sq Mi
$59,215
Median Household Income
$38,031
Median Earnings
$746
Median Rent
$116,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Two properties provide four rental units with shared parking and a mix of outdoor spaces.
Where is this multifamily property located?
The property is located at 615 E Votaw Street Portland, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four units across two properties; 4,132 square feet total; Parking for 10‑12 cars
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?