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112 S Harrison Street Alexandria, IN $ 499,000
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112 S Harrison Street
$ 499,000
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112 S Harrison Street

Alexandria, IN, 46001
$ 499,000
Bedrooms-- Baths-- Sq 10,200

Monthly Estimate*

$ 3,072

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Commercial Property for sale in Alexandria, IN

for $499,000. This 10,200 square foot building was built on a lot size of 0.09.

Prime multifamily opportunity! Ten apartment units and two commercial spaces-all for one price. The units have consistently remained in demand, making this a dependable, income-producing asset. The building was renovated in 1999 and upgrades include all-new electrical (12 meters), PEX plumbing, and a rubber roof, and it has been well maintained since then by the same owner. The property includes a total of 10 apartment units-two two-bedroom units, seven one-bedroom units, and one efficiency-along with one commercial space currently operating as a salon and a separate shop beside the building with three bays, one large enough to accommodate a school bus with a 1212 garage door, plus plenty of parking. Opportunities are endless!

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 4,082

Style

Multi-Family 5+

Lot Size

0.09

Town/City

Alexandria

County/Region

Madison

MLS | Web ID

22081452
Features
General
Utilities Cable Connected Electricity Connected Natural Gas Connected Sep Electric Meter Sep Gas Meter Sewer Connected Water Connected
Possession Negotiable
Roof Rubber
Zoning Commercial
Tenant Pays Electricity
Township Monroe
Levels Two
Property Subtype Multi-Family 5+
Tax Year 2024
Current Use Apt<20
Additional Parcels Description 480524101031000022 480524101041000022
County Madison
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Alexandria
High School District Alexandria Community School Corp
Number Of Units Total 11
MLS Area 4805 - Madison - Monroe
Lot Size Square Feet 3920
Elementary School Alexandria Monroe Elementary School
Current Financing Exchange - 1031 Conventional
Middle/Junior High School Alexandria-Monroe Jr./Sr. High School
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 1
Cap Rate 10
Legal Description C & S Op S End 60'X 66' 0.0000Acres Str: Section: Plat: In: Out:
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Exterior
Parking Features Attached
Lot Features City Lot Sidewalks Street Lights
Foundation Details Partial
Building Area Total 10200
Lot Size Acres 0.09
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
Re/Max Real Estate Solutions

Broker

Sky@SkyEstesRealty.com

Email

Affordability Calculator

$3,413
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4048048 Elementary School
4819499 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/27/2026 $499,000 Listed Price

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112 S Harrison Street, Alexandria, IN, 46001 is a Commercial Property for sale at $499,000 with 10,200 sqft and a lot size of 0.09. The property's zip code is 46001 which is in Alexandria, IN

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