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Trueblood Real Estate

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$ 1,150,000

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Active

135 & 137 W Wayne Street Spencer, IN 47460

2 Beds

1 Bath

1,728 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

MLS Listing ID 202504297

Style Attached

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 1,728

Total Fin. Sqft 1728

Year Built 1900

Annual Tax Amount $6,276

Tax Year 2024

Lot Size 0.400 Acres

Property Sub-Type Site-Built Home

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.

Location

State IN

County Owen County

Area Owen County

Direction From Morgan St/46 turn S on Montgomery, turn R on W Wayne, Property on R.

Rooms

Basement Slab

Kitchen Main, 11 x 12

Interior

Heating Electric

Cooling Central Air

Laundry Main, 6 x 8

Building

Lot Description Corner, 0-2.9999

Foundation Slab

Sewer City

Water City

Architectural Style Duplex

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Spencer

Middle Schools Owen Valley

High Schools Owen Valley

School District Spencer-Owen Community Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202504297

IDX information provided by the Indiana Regional MLS

Listed by Taylor Kay • Keith Realty & Auction Group • Office: 812-714-8250

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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Indianapolis, IN

Trueblood Real Estate

135 & 137 W Wayne Street Spencer, IN 47460

Key Details

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Interior

Building

Schools

Others

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135 & 137 W Wayne Street

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