135 & 137 W Wayne Street, Spencer, IN 47460
Local realty services provided by:Better Homes and Gardens Real Estate Connections
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.
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Home facts
- Year built:1900
- Listing Id #:202504297
- Added:184 day(s) ago
- Updated:August 14, 2025 at 03:03 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
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