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Map

Directions

Using gps off Wells St

Description

This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units in a convenient location. Whether you’re looking for an income-producing investment or a home with built-in rental income to offset your mortgage, this property delivers solid value and easy management. Unit Layout & Features: – **Downstairs Unit (2BD/1BA):** Bright and functional living space with two bedrooms, a full bathroom, kitchen, and living area. Ready for immediate occupancy or your personal use. Washer/Dryer setup for this unit in unit – **Upstairs Unit (2BD/1BA):**. Currently rented with tenant paying $965 per month + electric**. Key Property Highlights: – **Separate Electric Meters** for each unit – tenants responsible for their own electricity. – **Shared Water & Gas** on one meter (owner-paid, easily factored into rents). – **2-Car Detached Garage** – great for additional storage, parking, or workshop space or could be rented back to tenants for additional income. – Ample off-street parking and a manageable yard for low-maintenance living. This duplex is an excellent turnkey investment with immediate cash flow from the upstairs unit. The downstairs unit can be rented at market rate($965) for even stronger returns or lived in by the new owner. Ideal for investors or anyone looking to offset their monthly mortgage payments with a tenant already placed. Schedule a showing today to see the potential for yourself!

Details

  • Property Details

  • MLS #:
    202615797
  • Price
    $164,900
  • Bedrooms
    4
  • Baths Total
    2
  • Full Baths
    2
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.09
  • Approx. Lot Size SqFt
    3,900
  • Class
    Residential
  • DOM
    3
  • Lot Dimensions
    30X130
  • New Construction
    No
  • Parcel ID#
    02-12-02-104-013.000-074
  • Property Sub-Type
    Site-Built Home
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Klaehns
  • Total Finished SqFt
    1,622
  • Total SqFt
    2,672
  • Year Built
    1935
  • Zip
    46808-2718
  • Interior Features

  • Amenities
  • Below Grade Finished SqFt
    0
  • Cooling
    Window
  • Fireplace
  • Heating
    Conventional
  • Other Features

  • Exterior
    Aluminum
  • Fenced
  • Foundation
    Full Basement
  • Garage
    2 car
  • Garage Type
    Detached
  • Pool Y/N
    No
  • Water Utility
    City
  • Sewer
    City
  • Waterfront Y/N
    No

Last updated: May 12 2026, 5:03 AM

Listing courtesy of: Adam Gerig, AG Rentals & Management 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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