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Listed by Taylor Kay • Keith Realty & Auction Group
$ 1,150,000
Est. payment /mo
New
135 W Wayne Spencer, IN 47460
0.4 Acres Lot
UPDATED:
02/11/2025 08:33 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22021289
Year Built 1995
Tax Year 2024
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Duplex
Property Description
Calling all investors! Looking for a stable, immediate cash flow property in great 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 great condition making for a great investment.
Location
State IN
County Owen
Interior
Heating Electric
Cooling Central Electric
Fireplace N
Exterior
Roof Type Metal
Building
New Construction false
Schools
Elementary Schools Spencer Elementary School
Middle Schools Owen Valley Middle School
High Schools Owen Valley Community High School
School District Spencer-Owen Community Schools
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
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