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1517 & 1521 Main Street, Charlestown, IN 47111

$469,690
: 12
BD
: 16
BA
: 4,480
SqFt

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Sold Price: $469,690
List Price: $469,690
Status: CLOSED
Days on Market: 5
Closing Date: Jan 05, 2026
MLS#: 2025011291
Subtype: Residential
Style: Two Story
Architectural Style: Two Story
Year Built: 2005
Bedrooms: 12
Bathrooms: 16
Full Baths: 8
Half Baths: 8
Living Area: 4,480
Lot Size: 19,702
Acres: 0.45

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Property Description

Investment Opportunity: 4-Plex with Room to Expand! This well-positioned 4-plex features two buildings, each with 2 units, and offers a blend of stability and growth potential. Each unit includes: *3 bedrooms *1 full bath & 1 half bath *Kitchen with appliances & ample cabinetry *Living room with natural light *In-unit laundry room *Private porch or deck Three of the four units are tenant-occupied, providing immediate rental income. The vacant unit has been recently updated with: Fresh interior paint New luxury vinyl plank flooring Updated bathroom fixtures (including double vanity, lighting, and mirrors) Modern light fixtures and ceiling fans The property sits on a large lot backing to woods, with ample parking and room to build additional units for future expansion. This combination of current cash flow and long-term development potential makes it an excellent investment opportunity.

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Additional Information

Interior Features: Ceiling Fan(s)
Taxes: $10,523
Property Description: Two Story
Zoning: Residential, Multi Family
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Heating: Forced Air, Heat Pump
Air Conditioning: Central Air
Stories: 2
Levels: Two
Roof: Shingle