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412 Spann Avenue, 
Crawfordsville, IN 47933

$224,900


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Lisa Taylor

Taylor Real Estate Specialists

765-362-4123

Last updated:

September 17, 2026, 07:39 AM

MLS#

22122387

Source:

IN MIBOR | Licensed in Indiana

About This Home

412 Spann Avenue

FOUR-UNIT INVESTMENT OPPORTUNITY! This Crawfordsville fourplex offers investors a straightforward opportunity to own a fully occupied, income-producing property with four identical 1-bedroom, 1-bath apartments. Built in 1992, the property offers 2,016 square feet of living space and a consistent layout that makes the property easy to manage and evaluate. Current rents total $2,425 per month, or $29,100 annually, with each apartment offering approximately 504 square feet, including a living area, kitchen, bedroom, full bath, and laundry connections. Each unit features its own laundry connections, while one unit include a washer/dryer. The single-level ranch design and vinyl exterior provide a practical, low-maintenance configuration. The property also offers convenient off-street parking lots, along with additional on-street parking. Tenants are responsible for their own electric, renter's insurance, cable, and trash pickup. The owner currently pays water, sewer, lawn care, property insurance, and liability insurance. This property offers an attractive opportunity for an investor seeking an established multifamily asset with four income-producing units, consistent rental income, and a manageable property layout. Whether you're expanding an existing portfolio or looking for an entry into multifamily investing, this fourplex deserves a closer look. Conveniently located in Crawfordsville and served by Crawfordsville Community Schools. Property is being sold subject to tenant rights.

Home Facts

Multi-Family

Built in 1992

Subdivision & Development:

Wabash Terrace

Price Summary

224,900

MLS #:

22122387

Last Updated:

September 17, 2026, 07:39 AM

Added:

15 day(s) ago


Structure

Structure

Architectural Style:

Ranch

Year Built:

1992


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$224,900

Source:IN MIBOR | Licensed in Indiana
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.