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$200,000 -

113 E 1st Street E 113 Alexandria IN 46001

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

Attention Investors, opportunity only knocks once so don't miss this once in a lifetime chance. This is currently a 5 unit property and the owner is paying the utilities, the gas and electric are all on separate meters so could be charged individually. The water and sewer are separated by building so 113, and 119 are free-standing while 206- 206 1/2 206A are on the same water and sewer. But here is the opportunity, there is a duplex 115 and 117 E 1st Street and a garage apartment 208 that are in various stages of remodel, but could add an additional 2 -1 bedroom units to the duplex and 1 or 2 efficiency units in 208 building. We are currently in the process of obtaining the corrected zoning on this property but will have a commercial classification. This property is being sold As Is and seller will make no repairs. Priced to sell - ready to be going, going, gone!

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Property Details

Price: $200,000 Previously: $200,000 Originally: $230,000 Bathrooms: 0.00 MLS #: 22042786 Year Built: 1940 Township: Monroe Sq. Ft Total: 3,194 Type: Commercial Sale Zip Code: 46001 City: Alexandria Subdivision: Empty County: Madison School District: Alexandria Community School Corp High School: Alexandria-Monroe Jr./Sr. High School Middle School: Alexandria-Monroe Jr./Sr. High School Elementary School: Alexandria Monroe Elementary School

Interior Features

Interior Features:
  • Cooling: None
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Busline, City Lot, Street Lights
  • # Acres: 0.09

Listing Office: Re/max Real Estate Solutions

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on November 25th, 2025 at 10:40pm EST.

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