116 1/2 E Church Street, Alexandria, IN 46001

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
116 1/2 E Church Street,Alexandria, IN 46001
$599,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: reanna southard
Office: carpenter, realtors
MLS#:22061788
Source:IN_MIBOR

Price summary

  • Price:$599,900

About this home

Looking to expand your rental portfolio? Now offering 2 connected Buildings, a total of 7 Units, 7currently under leased. These units have lots of rental potential, could be used as apartments or business offices. ( Has been a hair studio, and book store. ) Great convenient location, this is Downtown Alexandria across from the city park and Library. Parking lot included, and City parking lot next door. 5 GAS Furnaces, 2 Electric Furnaces. 7 individual meters for electric. This property's Gross income is over $5400 a month. Tenants pays electric and gas. The OUTSIDE RECENTLY PAINTED, NEW TPO ROOF in 2022. Most appliances stay except for the large washer in dryer in the unit rented out to a cleaning company. Some of the Furnaces are newer, there is some newer flooring and drywall throughout, City Water, sewage and trash currently paid by owner. 2 Back Balconies for the tenants upstairs, There is a one car storage area, great for supplies and tools. This property has been owned

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Home facts

  • Year built:1900
  • Listing ID #:22061788
  • Added:1 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Structure and exterior

  • Year built:1900
  • Lot area:0.1 Acres

Schools

  • Middle school:Alexandria-Monroe Jr./Sr. High School
  • Elementary school:Alexandria Monroe Elementary School

Finances and disclosures

  • Price:$599,900
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