312 E Staat Street, Fortville, IN 46040
- $502,500
- Sold Price
- $502,500
- List Price
- $550,000
- MLS#
- 22063734
- Status
- SOLD
- Days on Market
- 75
- Closing Date
- Dec 04, 2025
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.
/u.realgeeks.media/hoosierhomepro/MOVE-logo-v1-balloon-resized.png){kind=logo}
Additional Information
- Tenant Pays
- All Utilities
- Owner Pays
- Taxes
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Ranch
- Acres
- 0.24
- Heat
- Electric, Forced Air
- Cooling
- Central Air
- Financing
- Conventional
- Region
- Vernon
Mortgage Calculator
Listing courtesy of @properties. Selling Office: Ratliff Realtors, Co..
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative