4055 Main St Avon, IN 46123
- Residential income homes
- 3,381 SF
- 4.77 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 4055 Main St
- Year built
- 1957
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.77 lot acres
- Property size
- 3,381 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 32-10-08-100-005.000-022
- APU
- 321008100005000022
Description
This exceptional investment opportunity presents a rare chance to acquire a fully occupied, eight-unit multi-family property situated on a substantial 5.36-acre lot in Avon, Indiana. The property consists of two parcels encompassing two existing buildings, each featuring four two-bedroom, one-bathroom units. Currently generating approximately $800 per month per unit, this property offers immediate income potential. All units are individually metered for gas and electricity
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $340,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $275,000
- Mixed-Use
- $305,000
- Hospitality
- $250,000
- Educational
- $350,000
- Residential Income
- $345,000
- Energy
- $280,000
- Income-Based Land
- $260,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Avon
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.4544
- Latitude
- 39.761
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA