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Alexandria, IN Multifamily Homes & Duplexes for Sale

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  • /11

    $117,500

    • 2 Beds
    • 2 Baths

    704 N Lincoln Ave, Alexandria, IN 46001

    Investor ready! Nice duplex for sale in Alexandria. Each unit is 1 bed/1bath with approx. 650 sq ft. Both sides are currently rented for $650 per month, and both are currently occupied. Nice income producing potential! The two apartments are exactly the same as far as lay out...1 bedroom, 1 bathroom, living room, kitchen/dining, small utility room. Both units have had some updates.

    Rachel Young Dyer Real Estate

    704 N Lincoln Ave, Alexandria, IN 46001
  • /16

    $649,000

    • 10 Beds
    • 6 Baths

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

    Looking to expand your rental portfolio? Now offering 2 connected Buildings, a total of 7 Units, 5 currently under lease ready to go. 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

    Reanna Southard Carpenter, REALTORS®

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

Why Live in Alexandria

Alexandria, Indiana, commonly referred to as "Alex" by locals, is a small community known for its slow pace of life and unique attractions. One notable highlight is the World’s Largest Ball of Paint, which started as a baseball and now has nearly 30,000 layers of paint. Residents enjoy local staples like Dor-Tee’s Drive-In, serving soft-serve ice cream and comfort food since 1958, and the Alex Movie Theatre, a popular mom-and-pop cinema. Dining options include The Harrison at the Golf Club of Alexandria and Ole Lucky bar and grill. For groceries, residents shop at Horner’s Midtown Market and the Alexandria Farmers and Artists Market, with larger stores like Walmart and Target within a 20-mile drive. Housing styles range from late 19th-century cottages and Colonial Revivals to mid-20th-century ranch styles and newer traditional properties. Beulah Park is a recreational hub with a playground, tennis court, swimming pool, and hosts the Madison County 4-H Fair every July. The Alexandria-Monroe Public Library offers diverse programming for all ages. Alexandria Community Schools emphasize athletics, with notable achievements in girls' tennis. Community events include the Freedom Parade and Christmas Parade, fostering a strong sense of local camaraderie. Alexandria is car-dependent, located about 55 miles from Indianapolis, with State Route 9 leading to Interstate 69. The nearest emergency room is 10 miles away at Community Hospital Anderson, and Indianapolis International Airport is a 77-mile drive. Parts of Alexandria are in a Special Flood Hazard Area, requiring flood insurance for affected properties.

Home Trends in Alexandria, IN

Housing Trends

Median Sale Price
$165,000
Median Single Family Sale Price
$162,450
Median 2 Bedroom Sale Price
$224,900
Average Price Per Sq Ft
$112
Number of Homes for Sale
31
Last 12 months Home Sales
105
Months of Supply
3.50
Median List Price
$186,250
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
2%
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