135 & 137 W Wayne Street, Spencer, IN 47460

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$1,150,000

bedrooms

bathrooms

square feet

1,728

Acreage

0.4

Open Houses

year built

1900

Full Baths

Half Baths

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

Location
Subdivision	None
County	Owen County
Elementary School	Spencer
Middle School	Owen Valley
High School	Owen Valley

Driving directions

Open houses

None scheduled.

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MLS number: 202504297

Listing agent: Taylor Kay #RB23000194

Listing broker: Keith Realty & Auction Group (812) 821-7772

Last update: Tuesday, March 18 2025 at 7:56 p.m. EDT

Kotohomes National