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Map

Directions

Near intersection of State Road 37 and Antwerp Road

Description

Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. Two units are currently occupied, providing instant cash flow, while two vacant units allow a new owner to set market rents and increase returns. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.

Details

  • Property Details

  • MLS #:
    202609539
  • Price
    $325,000
  • Bedrooms
    7
  • Baths Total
    4
  • Full Baths
    4
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.1967
  • Approx. Lot Size SqFt
    8,568
  • Class
    Investment
  • DOM
    53
  • Lot Dimensions
    57x150
  • New Construction
    No
  • Parcel ID#
    02-04-28-353-016.000-062
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    4,042
  • Total SqFt
    4,349
  • Year Built
    1900
  • Zip
    46743

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: May 18 2026, 9:02 PM

Listing courtesy of: Lori DePew, Open Door Rentals and Real Est

IDX information provided by the Indiana Regional MLS. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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