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624 Riley Blvd
Bedford, IN 47421
Multifamily Property For Sale · 26 Units

Investment Highlights

  • Light Value-add with Washer/Dryer hookups
  • Late 1980s construction
  • 8 Water Heaters replaced in last 2 years
  • 7.9% going-in cap rate
  • All duplex units, separate exterior entrances
  • 10 A/C units have been replaced in last 2 years

Property Facts

Price Per Unit $93,928 CAD
Sale Type Investment
Cap Rate 7.90%
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.00 AC
Building Size 18,896 SF
No. Stories 1
Year Built 1985
Parking Ratio 2.75/1,000 SF
Zoning R3 - Residential

Amenities

Unit Amenities

  • Cable Ready
  • Disposal
  • Washer/Dryer Hookup
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Carpet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 26 - 725 - 875

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 47-06-12-300-087.000-010
  • 47-06-12-300-086.000-010
  • 47-06-12-300-077.000-010
  • 47-06-12-300-085.000-010
  • 47-06-12-300-067.000-010
  • 47-06-12-300-078.000-010
Land Assessment
$91,271 CAD
Improvements Assessment
$1,083,893 CAD
Total Assessment
$1,175,164 CAD
  • Listing ID: 38506351

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 624 Riley Blvd, Bedford, IN 47421

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