Solid 4-plex in Alexandria, IN - perfect value-add opportunity. The property features two 2-bedroom units and two 1-bedroom units. Apt D is rented for $950 through 4/30/2027. Apt A is rented for $595 through 3/31/2027 and Apt B is newly rented for $925 while unit C is vacant still. Strong bones, strong rental demand, and plenty of upside for an investor or owner-operator looking to force appreciation. Don't miss this income-producing opportunity with built-in growth potential.
Active
$215,000
117 E John St, Alexandria, IN 46001
2beds
1baths
--sqft
:
Get pre-qualified$1,480/mo
Multi Family, Quadruplex
Built in 1953
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 167 days |
- 75 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Peyton Nichols 765-499-3393,
RE/MAX Real Estate Solutions
Source: MIBOR as distributed by MLS GRID,MLS#: 22083038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Lot
- Size: 7,405 Square Feet
Details
- Additional parcels included: 480513404180.000022
- Parcel number: 480513404179000022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1953
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Alexandria
Financial & listing details
- Tax assessed value: $132,700
- Annual tax amount: $2,822
- Date on market: 2/6/2026
- Cumulative days on market: 169 days
Peyton Nichols
(765) 499-3393
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $215,000+169.1% |
Source:  MIBOR as distributed by MLS GRID #22083038 Report a problem | ||
| 8/1/2016 | Listing removed | $79,900 |
Source: Anderson #21423100 Report a problem | ||
| 6/15/2016 | Price change | $79,900-11.1% |
Source: Anderson #21423100 Report a problem | ||
| 12/10/2015 | Listed for sale | $89,900 |
Source: Carpenter, REALTORS #21390542 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,822 -13.8% | $132,700 +9.3% |
| 2024 | $3,274 -0.4% | $121,400 -13% |
| 2023 | $3,288 +11.8% | $139,500 +0.3% |
| 2022 | $2,940 +1.1% | $139,100 +15.1% |
| 2021 | $2,907 +1.9% | $120,800 -0.1% |
| 2020 | $2,852 +14.3% | $120,900 +3% |
| 2019 | $2,495 +18.9% | $117,400 +7.5% |
| 2018 | $2,099 | $109,200 +4.3% |
| 2017 | $2,099 +1.8% | $104,700 |
| 2016 | $2,061 +0.3% | $104,700 +2.1% |
| 2014 | $2,054 | $102,500 |
| 2013 | $2,054 +3.6% | $102,500 +3.6% |
| 2012 | $1,982 | $98,900 -0.6% |
| 2011 | -- | $99,500 -13.8% |
| 2010 | $2,308 -44.9% | $115,400 -17.4% |
| 2009 | $4,191 | $139,700 +2.9% |
| 2006 | -- | $135,800 +9.2% |
| 2005 | -- | $124,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46001
Nearby schools
GreatSchools rating
- 7/10Alexandria-Monroe Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 4/10Alexandria-Monroe Junior/Senior SchoolGrades: 7-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Alexandria Monroe Elementary School
- Middle: Alexandria-Monroe Jr./Sr. High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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