520-526 5th St

Bedford, IN 47421

$549,900
Price
8
Beds
3,472 Sq. Ft.
$158 / Sq. Ft.
3,472
Sq. Ft.
$158
per Sq. Ft.

Description

Fully Rented Quadplex – Excellent Investment Opportunity! Don’t miss this rare opportunity to own a fully rented quadplex in an excellent location, featuring two separate all-brick buildings. Each of the four spacious units offers 868 sq ft of living space, including 2 bedrooms, 1 full bathroom, and a 1-car garage—perfect for attracting and retaining quality tenants. This low-maintenance property has been well cared for, with significant updates including: Roof replaced in 2010, HVAC systems updated...Fully Rented Quadplex – Excellent Investment Opportunity! Don’t miss this rare opportunity to own a fully rented quadplex in an excellent location, featuring two separate all-brick buildings. Each of the four spacious units offers 868 sq ft of living space, including 2 bedrooms, 1 full bathroom, and a 1-car garage—perfect for attracting and retaining quality tenants. This low-maintenance property has been well cared for, with significant updates including: Roof replaced in 2010, HVAC systems updated in 2017 (units 520-522) and 2018 (units 524-526), All units are currently leased with signed agreements, providing immediate cash flow for savvy investors. Tenants are responsible for electric, helping keep operational costs low. Whether you're looking to expand your portfolio or make your first move into multifamily investing, this property offers stability, convenience, and strong rental income potential.
  1. Listed by Christina Root • Hawkins & Root Real Estate • Office: 812-675-6952

Property Details for 520-526 5th Street

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 11/11/2025 09:39 PM

Property Details for 520-526 5th Street

StatusActive
MLS #202517632
Days on Market240
Taxes$8,030 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1988
Lot Size0.53 AC / 23,087 SF
CountyLawrence County

Location

Listing Courtesy of Hawkins & Root Real Estate
Add your commute

Building Information for 520-526 5th Street

Stories1Residences4Year Built1988Building Size-Lot Size0.53 AC / 23,087 SF

Payment Calculator

$3,349 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,680

Property Taxes

$669

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 520-526 5th Street

Summary
Location and General Information
  • Area: Lawrence County
  • City: Bedford
  • Zip Code: 47421
  • State: IN
  • Township: Shawswick
  • Geo Latitude: 39
  • Geo Longitude: -86
  • Road Access: City
  • Fips Code: 18093
  • Directions To Property: 5th Street - E out of town
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 47-06-13-202-023.000-010
School Information
  • School District: North Lawrence Community Schools
  • Elementary: Lincoln
  • Middle School: Bedford
  • High School: Bedford-North Lawrence
Parking
  • Number Of Parking Spaces: 4
  • Parking: Paved
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.53
  • Lot Dimensions: 0.53
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 3472.0
  • Approx Lot Size Sqft: 23087.0
  • Above Grade Finished Sqft: 3472.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 3472.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1988
  • Age: 37
  • Planned Unit Development: No
Utilities
  • Electric Company: Duke Energy Indiana
  • Gas Company: None
  • Sewer: City
  • Water Company: Bedford City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Water Heater Electric
  • Driveway: Asphalt
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 4
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Block
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Laminate
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 8
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 8
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 2
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Buildings: 2
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $45,660
  • Annual Insurance Expense: $2,700
  • Annual Maint. Expense: $8,000
  • Annual Misc: $1,000
  • Annual Net Income: $22,930
  • Annual Property Tax: $8,030
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $3,000
  • Gross Monthly Income: $3,805
  • Gross Monthly Rent: $3,805
Unit Information
Unit 1
  • Unit 1 SqFt: 868
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $1,000.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 1
  • Unit 1-Gas: None
  • Unit 1-Laundry Room: Other
  • Unit 1-Lease Exp Date: 12-31-2025
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 520
  • Unit 1-Unit Rent $: $1,000
Unit 2
  • Unit 2 SqFt: 868
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $500.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: Attached
  • Unit 2-Garage: Yes
  • Unit 2-Garage/Num of Cars: 1
  • Unit 2-Gas: None
  • Unit 2-Laundry Room: Other
  • Unit 2-Lease Exp Date: 08-31-2025
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 522
  • Unit 2-Unit Rent $: $900
Unit 3
  • Unit 3 SqFt: 868
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 5
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $675.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: Attached
  • Unit 3-Garage: Yes
  • Unit 3-Garage/Number of Cars: 1
  • Unit 3-Gas: None
  • Unit 3-Laundry Room: Other
  • Unit 3-Lease Exp. Date: 01-31-2026
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 524
  • Unit 3-Unit Rent $: $905
Unit 4
  • Unit 4 SqFt: 868
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 5
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Deposit Amount: $1,100.00
  • Unit 4-Electric: Tenant
  • Unit 4-Garage Type: Attached
  • Unit 4-Garage: Yes
  • Unit 4-Garage/Num of Cars: 1
  • Unit 4-Gas: None
  • Unit 4-Laundry Room: Other
  • Unit 4-Lease Exp Date: 03-31-2026
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 526
  • Unit 4-Unit Rent $: $1,100
Rental
Rental Information
  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Property History for 520-526 5th Street

DateEvent & SourcePriceAppreciation
May 14, 2025

Listed (Active)

Indiana Regional MLS #202517632

$549,900—
Oct 25, 2024

Sold

Indiana Regional MLS #202429786

$400,000—
Sep 19, 2024

In Contract

Indiana Regional MLS #202429786

—
Sep 18, 2024

Pending

Indiana Regional MLS #202429786

—
Aug 7, 2024

Listed (Active)

Indiana Regional MLS #202429786

$499,900—
DateEvent & SourcePrice
05/14/2025

Listed (Active)

Indiana Regional MLS #202517632

$549,900
10/25/2024

Sold

Indiana Regional MLS #202429786

$400,000
09/19/2024

In Contract

Indiana Regional MLS #202429786

—
09/18/2024

Pending

Indiana Regional MLS #202429786

—
08/07/2024

Listed (Active)

Indiana Regional MLS #202429786

$499,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 520-526 5th Street

This home is within North Lawrence Com Schools.
Rating
School
Type
Grades
Distance
Lincoln Elementary School
Public - K to 6
Bedford Middle School
Public - 7 to 8
Bedford-North Lawrence High School
Public - 9 to 12
Stalker Elementary School
Public - K to 5
Rating
School
Distance
Lincoln Elementary School
PublicK to 6

Bedford Middle School
Public7 to 8

Bedford-North Lawrence High School
Public9 to 12

Stalker Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 520-526 5th Street, Bedford, IN 47421

520-526 5th Street is a multi-family home for sale in Bedford, IN 47421. This property was listed for sale on May 14, 2025 by Hawkins & Root Real Estate, it's currently listed at $549,900. It has been on the market for a total of 240 days and was last sold on October 25, 2024. This listing's school district is North Lawrence Com Schools. Nearby schools include Lincoln Elementary School, Bedford Middle School and Bedford-North Lawrence High School. 520-526 5th Street is a 8-bed, 4-bath, 3,472 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hawkins & Root Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.