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227 E Pine Street

Knightstown, IN 46148

ActiveListed Sep 2, 2026 · 21 days on market

Key facts

Lot
0.26 acres
Year built
1900
Type
Residential Income · Quadruplex
Stories
Two
MLS #
22123925
County
Henry
Subdivision
No Subdivision

About this home

Fully occupied four-unit building in Knightstown, with all four units leased. Rent Roll is available upon request. Each unit is a 2-bedroom, 1-bath of about 840 square feet with an eat-in kitchen. Income is in place from day one, with vacancy risk spread across four separate residences, which suits an investor adding to a portfolio or buying a first multifamily property. Tenants pay utilities, common laundry in the basement.

Description provided by the listing brokerage.

Interior

Laundry
Common LaundryConnections All

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
Traditional

Lot and HOA

Lot features
AccessCorner LotSidewalksStreet LightsNot In Subdivision

Schools

School district
C A Beard Memorial School Corp

Taxes

Estimated annual tax
$2,016 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,246per month, estimated
Principal and interest $1,008Property tax $168Insurance $70
20% · $40,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$200,000
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