312 E Staat Street, IN 46040

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Sold Price
$502,500
List Price
$550,000
Status
SOLD
Days on Market
75
Closing Date
Dec 04, 2025
MLS#
22063734
Subtype
Residential Income
Year Built
1977
Acres
0.24
Subdivision
No Subdivision
MLS Area Major
Vernon

Property Description

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.

Additional Information

Taxes
$2,765
Financing
Conventional
Air Conditioning
Central Air
Stories
One
Foundation
Crawl Space

Listing courtesy of Robyn Breece. @properties

Selling Office: Ratliff Realtors, Co..

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.