$1,150,000

135 & 137 W Wayne Street, Spencer, IN 47460

  • 2 beds |
  • 1 bath |
  • 1,728 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $666/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

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.

Listing Status:
Active
Date Added:
February 7, 2025 at 06:00AM
Listing Office:
Keith Realty & Auction Group : 812-714-8250
Listing Agent:
Taylor Kay : 812-585-9317
MLS ID:
202504297
  • Basement: Slab
  • A/C: Central Air
  • Heating: Electric
  • General: Vinyl
  • Style: DuplexAttached
  • School District: Spencer-Owen Community Schools
  • Zoning: SPENCER LOT 264SPENCER LOT 26360-10-20-400-400.728-028
  • Water: City
  • Sewer: City

This listing courtesy of Taylor Kay, Keith Realty & Auction Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Spencer Elementary School

151 E Hillside Ave, Spencer, IN, 47460

Grades PK-6

0.52 miles away

O

Owen Valley Middle School

626 W State Highway 46, Spencer, IN, 47460

Grades 7-8

1.03 miles away

O

Owen Valley Community High School

622 W State Highway 46, Spencer, IN, 47460

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.