$275,000
SOLD JUL 11, 2025

115 W 21st St Connersville, IN 47331

-- Bed
-- Bath
3,150 Sq Ft
0.47 Acres

Recently Sold

$87 Per Sq Ft

31% Below List Price

55 Days on Market

About This Home

As of July 2025

Welcome to this exceptional income-producing multi-family brick building located in the heart of Connersville, Indiana! Set on a spacious .46-acre lot, this property offers a fantastic opportunity for both seasoned investors and first-time buyers looking to expand their portfolio. Property Highlights: - Solid Brick Construction: This well-maintained building features durable brick architecture, ensuring longevity and minimal maintenance. - Multiple Income Streams: Currently configured as 4 2 bed 1 bath unit boasts its own unique charm and layout. - Expansive Lot: With .46 acres of land, there is ample space for potential expansion or additional development. Consider adding more units or creating outdoor communal areas to enhance tenant experience. - Strong Rental Demand: The area has a steady rental market, providing consistent income and the potential for appreciation over time. This property is more than just a building; it’s a strategic investment opportunity with room to grow. The existing units are generating income, and the additional land gives you the flexibility to increase your cash flow through expansion or improvement. Whether you're looking to add to your real estate portfolio or seeking a lucrative first investment, this multi-family building has the potential to meet your goals. Schedule a showing today and envision the possibilities this property has to offer! Reach out to FC TUCKER RICHMOND Cameron J. Meyers at (513) 910-6892

Last Agent to Sell the Property

Cameron Meyers

FC Tucker Richmond License #RB23000838 Listed on: 03/21/2025

Last Buyer's Agent

Cameron Meyers

FC Tucker Richmond License #RB23000838 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.47 Acre Lot

Parking

  • No Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Schools

  • Fayette County Elementary And Middle School
  • Fayette County High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 115 W 21st St
  • Second Address Number: 115
  • Estimated Year Built: 1972
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, FHA 1st Buyer
  • Geo Address Line: 115 W 21st St
  • Geo Longitude: -85.129783
  • Geo Primary City: Connersville
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 70700
  • Land Valuation: 43600
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Tax Dup Number: 05-13-400-046
  • Taxes Half: 1150
  • Total Assessed Value: 114300
  • Number Two Bed Units: 4+
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Baseboard
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Baseboard
  • Unit 3 Appliances: Range-Electric, Refrigerator
  • Unit 3 Heat Type: Baseboard
  • Unit 4 Appliances: Range-Electric, Refrigerator
  • Unit 4 Heat Type: Baseboard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1972

Interior Features

  • Has Basement: No
  • Price Per S Q F T: 87.3
  • Basement Type: 4-Plex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick
  • Foundation: Crawl
  • Porch/Deck Type: None
  • Roof Type: Shingle

Garage/Parking

  • Driveway: Paved Lot
  • Garage Type: None

Utilities

  • Air Conditioner: Window
  • Electric Company: Duke
  • Gas Company: Ohio Valley Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Number of Units: 4

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Fayette County
  • Middle School: Fayette County
  • High School: Fayette County
  • Elementary School: Fayette County
  • High School: Fayette County
  • Middle School: Fayette County

Lot Info

  • Geo Update Timestamp: 2025-03-24
  • Estimated Number Acres: 0.47
  • Land Contract: No
  • Lot Size: .47
  • Zoning: Multi

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $275,000 -21.4% $87 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
05/09/2025 05/09/25 Price Changed $349,900 -12.5% $111 / Sq Ft
03/21/2025 03/21/25 For Sale $399,900 -- $127 / Sq Ft
Source: Richmond Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10050607