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Map

Directions

Madison Street east of Main Street. Property on NW corner of 6th and Madison.

Description

Solid investment opportunity with this brick duplex featuring strong rental income and classic character throughout! The lower unit offers approximately 3 bedrooms, hardwood floors, a spacious entryway, and boiler heat. Rented for $1,200/month with owner-paid utilities. The upper unit features hardwood floors, updated windows, newer bathroom, new kitchen (With quartz countertops, tile backsplash, stainless steel appliances, & pantry space), in-unit washer and dryer, and a functional 2-bedroom layout with separate living room. Rented for $1,600/month with plans to increase to $1,800/month. Property includes a large covered front porch, carport, basement with additional washer/dryer hookups, and potential to finish the attic for added value. Boiler replaced in 2021 and roof updated around 2023. Attic has extensive insulation. Average utility costs run approximately $300-$500/month. Great opportunity for owner-occupants to house hack or investors looking to add a solid property to their portfolio!

Details

  • Property Details

  • MLS #:
    202620768
  • Price
    $309,000
  • Bedrooms
    5
  • Baths Total
    2
  • Full Baths
    2
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.16
  • Approx. Lot Size SqFt
    6,970
  • Class
    Investment
  • DOM
    11
  • Lot Dimensions
    99x105
  • New Construction
    No
  • Parcel ID#
    20-11-09-476-016.000-015
  • Property Sub-Type
    Duplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    2,868
  • Total SqFt
    4,300
  • Year Built
    1910
  • Zip
    46528

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

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

Last updated: June 15 2026, 7:01 PM

Listing courtesy of: Adam Pendl, eXp Realty, LLC

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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