$290,000
SOLD JUL 10, 2025
4 Beds
4 Baths
2,750 Sq Ft
0.25 Acres

Recently Sold

$105 Per Sq Ft

11% Below List Price

8 Days on Market

About This Home

As of July 2025

Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses already addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!

Last Agent to Sell the Property

Shawn Owens

Beck Realty Group License #217950 Listed on: 05/26/2025

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • 2,750 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, sewer, water
  • Assessor Parcel Number 138000370000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Quadruplex
  • Property Type: Multi Family
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2750.0
  • Architectural Style: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Owner Pays:Trash Removal: Yes
  • Water and Sewer:City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 4.0

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 11255.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 138000370000

Rental Info

  • Owner Pays: Trash Collection, Sewer, Water
  • Tenant Pays: Electricity, Gas

Building Info

  • Year Built: 1973

Tax Info

  • Tax Block: 0
  • Tax Lot: 00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $290,000 -10.8% $105 / Sq Ft
05/26/2025 05/26/25 For Sale $325,000 -- $118 / Sq Ft
Source: Metro Search, Inc.

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,337 $292,480 $32,480 $260,000
2024 -- $225,060 $18,560 $206,500
2023 $2,696 $225,060 $18,560 $206,500
2022 $2,705 $141,160 $18,560 $122,600
2021 $1,817 $141,160 $18,560 $122,600
2020 $1,383 $119,560 $18,560 $101,000
2019 $1,356 $119,560 $18,560 $101,000
2018 $1,340 $119,560 $18,560 $101,000
2017 $1,255 $119,560 $18,560 $101,000
2013 $1,112 $111,210 $21,170 $90,040
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1687861

Metro Search, Inc.