IN > Spencer
Spencer, IN 47460,80 W Jefferson Street
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Spencer, IN 47460,80 W Jefferson Street
Spencer, IN 47460,80 W Jefferson Street
Spencer, IN 47460,80 W Jefferson Street
Spencer, IN 47460,80 W Jefferson Street
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 680,000
Est. payment /mo
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Active

80 W Jefferson Street Spencer, IN 47460

10 Beds

10 Baths

6,996 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fiveplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,996 sqft

MLS Listing ID 202508727

Style One Story

Bedrooms 10

Full Baths 10

Abv Grd Liv Area 6,996

Total Fin. Sqft 6996

Year Built 1977

Tax Year 2024

Lot Size 0.394 Acres

Property Sub-Type Fiveplex

Property Description

This offering includes two identical multifamily buildings, each featuring five 1-bedroom, 1-bathroom ground-floor apartments, ideally located within walking distance of the Spencer downtown square. Positioned on Jefferson and Wayne Streets, these properties offer immediate access to local shops, restaurants, and community amenities, making them highly desirable for tenants seeking small-town charm with convenience. Each unit rents for $600 per month with no security deposit, creating low barriers to occupancy and strong tenant demand. Tenants pay electric, while the landlord covers septic, water, and trash, simplifying utilities management and stabilizing operational costs. With ten total units across both buildings, this package provides reliable rental income and is well-suited for investors seeking a stable, cash-flowing asset in a growing southern Indiana community.

Location

State IN

County Owen County

Area Owen County

Direction First Property (80 W. Jefferson St.) head South on Main Street, Turn right on W. Jefferson St. the Property will be on the left Second Property (56 E. Wayne St.) Head South on Main Street, Turn Left onto E. Wayne St. the property will be on the left

Rooms

Dining Room 0

Interior

Flooring Mixed

Appliance Building

Laundry , 0

Exterior

Amenities Available ADA Features, Other-See Remarks

Building

Lot Description Corner

Story 1

Structure Type Stone

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/202508727

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Chris Cockerham • FC Tucker/Bloomington REALTORS • [email protected]
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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80 W Jefferson Street

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