Rare investment opportunity in Fortville! This all-brick quadruplex features two separate ranch-style buildings, each offering 2 bedrooms and 1 bath. Built in 1977 and owned by only the third owner, the property has been well cared for with a new roof in 2016. All units are total electric and include washer/dryer hookups plus kitchen appliances. Two units have been recently renovated and are vacant, while the other two are tenant-occupied on month-to-month leases. Convenient parking right outside each unit, walking distance to parks and shopping, and located in Mt. Vernon School district. A solid addition to any rental portfolio with immediate income potential and room for growth.
Sold
$502,500
312 E Staat St, Fortville, IN 46040
8beds
4baths
--sqft
Multi Family, Quadruplex, Duplex
Built in 1977
-- sqft lot
$506,000 Zestimate®
$--/sqft
$1,518 Estimated rent
Home value
$506,000
$445,000 - $572,000
$1,518/mo
Zestimate® history
Owner options
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$1,518/mo
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$1,518/mo
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$3,029/mo
Est. payment
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$3,029/mo
Est. payment
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List your homeWhat's special
All-brick quadruplexRanch-style buildingsConvenient parkingKitchen appliances
Zillow last checked:
Listing updated:
Listed by:
Robyn Breece 317-438-2371,
@properties,
Lauren Coons 317-590-2290,
@properties
Bought with:
Jeffery Ratliff
Ratliff Realtors, Co.
Source: MIBOR as distributed by MLS GRID,MLS#: 22063734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Connections All
Features
- Has basement: No
Property
Parking
- Details: Unit Parking(Parking Lot)
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,454 Square Feet
- Features: Corner Lot, Sidewalks, Storm Sewer
Details
- Parcel number: 300209402006000017
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Quadruplex, Duplex
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1977
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Fortville
Financial & listing details
- Annual tax amount: $5,530
- Date on market: 9/20/2025
- Cumulative days on market: 13 days
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $502,500-8.6% |
Source:  MIBOR as distributed by MLS GRID #22063734 Report a problem | ||
| 10/2/2025 | Pending sale | $550,000 |
Source: MIBOR as distributed by MLS GRID #22063734 Report a problem | ||
| 9/20/2025 | Listed for sale | $550,000 |
Source: MIBOR as distributed by MLS GRID #22063734 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46040
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Nearby schools
GreatSchools rating
- 7/10Fortville Elementary SchoolGrades: K-5Distance: 2 mi
- 6/10Mt Vernon Middle SchoolGrades: 6-8Distance: 2.4 mi
- 8/10Mt Vernon High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Middle: Mt Vernon Middle 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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Estimated market value
$506,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$506,000
- Indiana
- Hancock County
- Fortville
- 46040
- 312 E Staat St
Nearby cities
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