Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Archived over 2 years ago

$475,000

5+ bd 4+ ba 3931 sqft

140 S. 6th Street, Noblesville, IN 46060

Residential Quadplex Occupied Off MLS

Current Rent **

$3,800

Projected Rent **

$4,637

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Christian Hill

Unit 1 Details
  • Current Rent: $875
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 951 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $1,000
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 999 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent: $975
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 997 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 4 Details
  • Current Rent: $950
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 984 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

Great 4 Plex in Developing Area!

This 4-plex is fully rented, and has opportunity to raise rents by at least $300 per unit. Features three 1 bedroom 1 bathroom units and one 2 bedroom 1 bathroom unit. Each unit has its own laundry, living room, dining room, bedroom, kitchen and bathroom. Detached 2 car garage. Walking distance to shops, restaurants, parks and a new $28,000,000 project being built 1 block away. Noblesville, IN has high rental demand, great schools, and is very close to major highways. Call for more details!

Location:

140 S. 6th Street, Noblesville, IN 46060

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.