314 W Association Street, Ellettsville, IN 47429

Ellettsville
Local realty services provided by:Better Homes and Gardens Real Estate Connections
314 W Association Street,Ellettsville, IN 47429
$224,900
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,721 sq. ft.
  • Single family
  • Pending
Listed by: deborah tomarodeb.tomaro@homefinder.org
Office: deb tomaro real estate
MLS#:202604816
Source:Indiana Regional MLS

Price summary

  • Price:$224,900
  • Price per sq. ft.:$65.34

About this home

Lower your living costs while building wealth. Let your property work for you! This is a duplex. One of both of the units could be available for owner occupancy Why rent when your tenant can help pay the mortgage? Both units are currently leased and generating over $1,700 per month, offering immediate income with built-in flexibility for future plans. Whether you're seeking a house-hack, multi-generational living setup, short-term rental strategy, BRRRR investment, or a straightforward income property, this one checks the boxes. Located approximately 15 minutes from Memorial Stadium, the potential for short-term rental income is especially compelling — imagine football weekend demand. Situated on two parcels totaling just over 0.4 acres, the property offers both stability and upside. The duplex features long-term tenants (since 2019 and 2020) with current rents of $920 for the spacious two-bedroom plus office unit and $850 for the one-bedroom unit, leaving room for future rent...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1948
  • Listing ID #:202604816
  • Added:52 day(s) ago
  • Updated:April 10, 2026 at 07:30 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement Description:Full Basement
  • Living area:1,721 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas

Structure and exterior

  • Year built:1948
  • Building area:1,721 sq. ft.
  • Lot area:0.44 Acres
  • Lot Features:Level
  • Construction Materials:Limestone

Schools

  • High school:Edgewood
  • Middle school:Edgewood
  • Elementary school:Edgewood

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$65.34
  • Tax amount:$3,650

Parking

  • Parking description:Off Street Parking
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

New listings near 314 W Association Street