500 N College, Salem, IN 47167
500 N College, Salem, IN 47167
500 N College, Salem, IN 47167
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shawne Mardis

Shawne Mardis

+1(502) 649-6720
$219,900
Est. payment /mo
4 Beds
2 Baths
1,740 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $126

MLS Listing ID 202609242

Style One Story, Modular/ Prefab

Bedrooms 4

Full Baths 2

Construction Status Resale

Abv Grd Liv Area 1,740

Year Built 2021

Annual Tax Amount $4,720

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Duplex

Property Description

Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this WELL MAINTAINED DUPLEX is a must see! With both units producing over $1,700 per month in gross rental income, this property offers immediate earning potential.

Conveniently situated near shopping, dining, schools, and other local amenities, the location is hard to beat. Each unit features a spacious open-concept layout that seamlessly connects the living room, kitchen, and dining area. The kitchens offer ample workspace with a large breakfast bar, perfect for everyday living and entertaining.

You'll also appreciate the 2 generously sized bedrooms sharing 1 large bathroom, oversized utility room, and the added storage provided by the large attached shed accessible from the patio area. Each unit currently rents for $875 per month, tenants are currently under provided leases and are wonderful to work with.

Don't miss this rare opportunity to own a versatile, income-producing property in a prime Salem location!

Location

State IN

County Washington

Zoning Residential,Multi Family

Direction Take Hwy 56 west from 4 way of 135 & 56, Take a left on College, Duplex will be on the corner of College Ave and Salem Ave.

Interior

Interior Features Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Mud Room, Utility Room

Heating Heat Pump

Cooling Central Air

Fireplace No

Appliance Oven, Range, Refrigerator

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Landscaping, Porch

Water Access Desc Connected,Public

Street Surface Paved

Porch Covered, Porch

Building

Lot Description Corner Lot

Dwelling Type Duplex

Entry Level One

Sewer Public Sewer

Water Connected, Public

Architectural Style One Story, Modular/Prefab

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 1317224017000022

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Read Less Info
Listed by Knobstone Properties LLC
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Shawne Mardis, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

500 N College

QUICK SEARCH INDIANA