About 520-526 5th Street
Fully Rented Quadplex – Excellent Investment Opportunity! Don’t miss this rare opportunity to own a fully rented quadplex in an excellent location, featuring two separate all-brick buildings. Each of the four spacious units offers 868 sq ft of living space, including 2 bedrooms, 1 full bathroom, and a 1-car garage—perfect for attracting and retaining quality tenants. This low-maintenance property has been well cared for, with significant updates including: Roof replaced in 2010, HVAC systems updated in 2017 (units 520-522) and 2018 (units 524-526), All units are currently leased with signed agreements, providing immediate cash flow for savvy investors. Tenants are responsible for electric, helping keep operational costs low. Whether you're looking to expand your portfolio or make your first move into multifamily investing, this property offers stability, convenience, and strong rental income potential.
Features of 520-526 5th Street
| MLS® # | 202517632 |
|---|---|
| Price | $549,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,472 |
| Acres | 0.53 |
| Year Built | 1988 |
| Type | Multifamily |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 520-526 5th Street |
|---|---|
| Subdivision | None |
| City | Bedford |
| County | Lawrence County |
| State | IN |
| Zip Code | 47421 |
Amenities
| Features | Water Heater Electric |
|---|---|
| Parking Spaces | 4 |
| Parking | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Ceramic Tile, Laminate |
|---|---|
| Heating | Electricity, Forced Air |
| Cooling | Central Air |
| # of Stories | 1 |
| Stories | One Story |
| Has Basement | Yes |
| Basement | Crawl |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level |
| Roof | Shingle |
| Construction | No |
| Foundation | Block |
School Information
| District | North Lawrence Community Schools |
|---|---|
| Elementary | Lincoln |
| Middle | Bedford |
| High | Bedford-North Lawrence |
Additional Information
| Days on Market | 453 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Christina Root |
|---|---|
| Office | Hawkins & Root Real Estate |
| Contact Info | Office: 812-675-6952 |