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Listed by Tanya Davis • A & B Homes
$ 165,000
Est. payment | /mo
5,227 Sqft Lot
$ 165,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22120359
Year Built 1900
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
This spacious two-story brick duplex offers an excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income! Each apartment features 4 bedrooms and 2 full bathrooms. 1 Bedroom and 1 full bathroom located on the main level and 3 bedroom/1 bathroom located upstairs. Both sides have consistently rented for $1,300 per month, providing a strong rental history and a potential gross rental income of $2,600 per month when fully occupied. The owner has intentionally left one side vacant to make showings easier, giving the new owner the flexibility to select their next tenant or move into the vacant unit and let the occupied side help offset the mortgage. Even better, tenants are responsible for all utilities, helping keep operating expenses favorable for the owner. Located within walking distance of Indiana State University, this property offers a convenient location, proven rental potential, and multiple possibilities for its next owner. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied income-producing property, this duplex is one you'll want to see!
Location
State IN
County Vigo
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Structure Type Brick
New Construction false
Schools
High Schools Terre Haute North Vigo High School
School District Vigo County School Corp
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