Listed with Taylor Kay, Keith Realty & Auction Group, Office: 812-714-8250

Price $1,150,000
Status Active
Beds 2
Baths 1 Bath
Home size 1,728 sqft
Lot Size 17,424 sqft
Days on Market 12
Calling all investors! Looking for a stable, immediate cash flow property in excellent condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in excellent condition making for a great investment.
Property Type(s): Single Family
Last Updated 2/11/2025 Tract None
Year Built 1900 County Owen

SCHOOLS

School District Spencer-Owen Community Schools
Elementary School Spencer
Jr. High School Owen Valley
High School Owen Valley

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Vinyl Siding
HEAT Electric
LOT 0.4 acre(s)
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS IRREGULAR
SEWER Public Sewer
STYLE Duplex
SUBDIVISION None
TAXES 6276
WATER Public
Listed with Taylor Kay, Keith Realty & Auction Group, Office: 812-714-8250
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 2/22/25 3:03 PM PST
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2025.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Juan Carlos Carrasquel to contact you even if your name is on a Federal or State "Do not call List".
Email a Friend