107 E Garfield Street, Alexandria, IN 46001
- $42,000
- 4
- BD
- 1
- BA
- 2,760
- SqFt
- Sold Price
- $42,000
- List Price
- $49,990
- Closing Date
- Apr 30, 2026
- MLS#
- 22092580
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft. of Residence
- 2,760
- Year Built
- 1955
- Days on Market
- 28
- Status
- SOLD
Property Description
**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!
Additional Information
- Foundation
- Block, Cellar
- Stories
- Two
- Architecture
- Other
- Interior
- Attic Access
- Acres
- 0.10
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Appliances
- Dishwasher, Gas Oven, Refrigerator
- Region
- Monroe
- Eating Areas
- Formal Dining Room
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Listing courtesy of RE/MAX Advanced Realty. Selling Office: Bill Brogdon Realty.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative