412 Spann Avenue, Crawfordsville, IN 47933
Local realty services provided by:CENTURY 21 Scheetz
412 Spann Avenue,Crawfordsville, IN 47933
$225,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: lisa taylor
Office: taylor real estate specialists
MLS#:22122387
Source:IN_MIBOR | Licensed in Indiana
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Price summary
- Price:$225,000
About this home
FOUR-UNIT INVESTMENT OPPORTUNITY! This Crawfordsville fourplex offers investors a straightforward opportunity to own a fully occupied, income-producing property with four identical 1-bedroom, 1-bath apartments. Built in 1992, the property offers 2,016 square feet of living space and a consistent layout that makes the property easy to manage and evaluate. Current rents total $2,425 per month, or $29,100 annually, with each apartment offering approximately 504 square feet, including a living area, kitchen, bedroom, full bath, and laundry connections. Each unit features its own laundry connections, while one unit include a washer/dryer. The single-level ranch design and vinyl exterior provide a practical, low-maintenance configuration. The property also offers convenient off-street parking lots, along with additional on-street parking. Tenants are responsible for their own electric, renter's insurance, cable, and trash pickup. The owner currently pays water, sewer, lawn care, property insurance, and liability insurance. This property offers an attractive opportunity for an investor seeking an established multifamily asset with four income-producing units, consistent rental income, and a manageable property layout. Whether you're expanding an existing portfolio or looking for an entry into multifamily investing, this fourplex deserves a closer look. Conveniently located in Crawfordsville and served by Crawfordsville Community Schools. Property is being sold subject to tenant rights....
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Home facts
- Year built:1992
- Subdivision & Development:Wabash Terrace
- Listing ID #:22122387
- Added:44 day(s) ago
- Updated:October 18, 2026 at 07:11 AM
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Asphalt, Metal
- Year built:1992
- Lot Features:Not In Subdivision, Sidewalks, Street Lights
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding
- Foundation Description:Slab
Utilities
- Water:Water
- Sewer:Sewer
Finances and disclosures
- Price:$225,000
Parking
- Garage:Yes
- Garage spaces:4
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