Listing courtesy of Hawkins & Root Real Estate · Listing agent: Christina Root · Office: 812-675-6952
520-526 5th Street
Bedford, IN 47421
- Bedrooms
- 8
- Bathrooms
- 4
- Living area
- 3,472 sq ft
- Lot
- 0.53 ac
- Year built
- 1988
- Type
- Fourplex
- Listed
- May 14, 2025
- MLS #
- 202517632
About this home
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.
Monthly payment estimate
$3,839/mo
- Principal & interest
- $3,010
- Property taxes
- $669
- Homeowners insurance
- $160
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2024 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 3,472 sq ft
- Finished area above grade
- 3,472 sq ft
- Bedrooms above grade
- 8
- Basement
- Crawl Space
- Flooring
- Ceramic Tile, Laminate
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Amenities
- Water Heater Electric
Exterior & parking
- Construction
- Brick
- Roof
- Shingle
- Foundation
- Block
- Parking
- Asphalt, Paved
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.53 ac
- Lot dimensions
- 0.53
- County
- Lawrence County
- Township
- Shawswick
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- 5th Street - E out of town
Schools
- Elementary school
- Lincoln
- Middle school
- Bedford
- High school
- Bedford-North Lawrence
- School district
- North Lawrence Community Schools
Taxes & terms
- Annual taxes
- $8,030
- Tax year
- 2024
- Possession
- Immediate
- Parcel number
- 47-06-13-202-023.000-010
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Duke Energy Indiana
- Water provider
- Bedford City Utilities
Income & commercial
- Units
- 4
- Buildings
- 2
- Annual gross rent
- $45,660
- Net operating income
- $22,930
- Parking spaces
- 4
- Pets allowed
- Yes
- Tenant pays
- Cable TV, Electricity
- Electric meters
- 4
- Water meters
- 1
- Insurance (annual)
- $2,700
- Water & sewer (annual)
- $3,000
- Maintenance (annual)
- $8,000
Location
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- 4 beds
- 4 baths
- 1,659 sq ft
Listing courtesy of Williams Carpenter Realtors
