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$49,990 -

107 E Garfield Street Alexandria IN 46001

4
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.1
Acres

**Bank authorized short sale**Attention investors - Large rental opportunity in the heart of Alexandria. This spacious property is centrally located to the center of town and within 20 minutes of Anderson and 30 from Muncie. This charming 4-bedroom, 1-bath home checks all the right boxes. With 1,608 sq ft of living space, a proven rental history at $900/month, and a flexible floor plan built for tenant appeal, this property is ready to go to work for your portfolio. The layout features multiple living areas, a spacious living room perfect for relaxing, and a formal dining room that adds character tenants love. Four generously sized bedrooms give you flexibility for a variety of rental arrangements - single family, roommate-style, or otherwise. The bones are solid, and the upside is real - targeted updates could push both rental income and ARV significantly higher. Whether you're adding to an existing portfolio or making your first move into the rental market, this one is a practical, low-risk entry point with genuine growth potential. Don't sleep on this one!

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Property Details

Price: $49,990 Previously: $49,990 Originally: $49,990 Bedrooms: 4 Bathrooms: 1.00 MLS #: 22092580 Year Built: 1955 Township: Monroe Sq. Ft Total: 2,760 Type: Residential Zip Code: 46001 City: Alexandria Subdivision: 106 North County: Madison School District: Alexandria Community School Corp Middle School: Alexandria-Monroe Jr./Sr. High School Elementary School: Alexandria Monroe Elementary School

Interior Features

Interior Features:
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • # Acres: 0.10

Listing Office: Re/max Advanced Realty

Similar Properties To: 107 E Garfield Street, Alexandria

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MLS® #:
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Provider:
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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 5th, 2026 at 12:13pm EDT.

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