135 & 137 W Wayne Street, Spencer, IN 47460

Local realty services provided by:Better Homes and Gardens Real Estate Connections
135 & 137 W Wayne Street,Spencer, IN 47460
$1,150,000
  • 2 Beds
  • 1 Baths
  • 1,728 sq. ft.
  • Single family
  • Active
Listed by: taylor kayOffice: 812-714-8250
Office: keith realty & auction group
MLS#:202504297
Source:Indiana Regional MLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$665.51

About this home

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.

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:1900
  • Listing ID #:202504297
  • Added:310 day(s) ago
  • Updated:December 17, 2025 at 07:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,728 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Year built:1900
  • Building area:1,728 sq. ft.
  • Lot area:0.4 Acres

Schools

  • High school:Owen Valley
  • Middle school:Owen Valley
  • Elementary school:Spencer

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$665.51
  • Tax amount:$6,276
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 2025 Indiana Regional MLS LLC.