135 W Wayne, Spencer, IN 47460

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
135 W Wayne,Spencer, IN 47460
$1,150,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taylor kay
Office: keith realty & auction group
MLS#:22021289
Source:IN_MIBOR

Price summary

  • Price:$1,150,000

About this home

Calling all investors! Looking for a stable, immediate cash flow property in great 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 great condition making for a great investment.

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Home facts

  • Year built:1995
  • Listing ID #:22021289
  • Added:310 day(s) ago
  • Updated:December 17, 2025 at 10:28 PM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1995
  • Lot area:0.4 Acres

Schools

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

Finances and disclosures

  • Price:$1,150,000
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