Turn Key Investment property. This well-maintained updated 4-plex offers an excellent investment opportunity with established, long-term tenants providing steady income. 3 tenants are on month-to-month leases, and one has a lease through 4/2025 allowing flexibility for new ownership decisions. Strong rental demand in this area ensures high occupancy. The property has easy access to US 31. Whether you're a seasoned investor or just starting, this property presents an ideal opportunity for reliable income with growth potential. All units include washers, dryers, refrigerators, and oven ranges. Recent updates include a New roof in 11/2024, a New HE commercial-grade water heater, and a New HE commercial-grade boiler heater.
Sold
$324,900
130 W North St, Tipton, IN 46072
5beds
4baths
--sqft
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$329,300 Zestimate®
$--/sqft
$958 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 03:06pm
Listing Provided by:
Shaquenta Purdie 317-525-2300,
Carpenter, REALTORS®
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22014296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Main level bathrooms: 5
Heating
- Radiator(s)
Cooling
- Window Unit(s)
Appliances
- Laundry: Connections All, Laundry Closet, Laundry Room
Features
- Basement: Partial
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Unpaved)
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fence Full Rear
Lot
- Size: 6,969 sqft
- Features: Curbs, Not In Subdivision, Sidewalks
Details
- Parcel number: 801111515029000002
- Special conditions: As Is,Sales Disclosure On File
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Community & neighborhood
Security
- Security features: Smoke Alarm
Location
- Region: Tipton
- Subdivision: Blounts Add
Other
Other facts
- Road surface type: Asphalt