135 & 137 W Wayne
Spencer, IN 47460
- 2 beds
- 1 bath
- 8 sqft
- ~1/2 acre lot
- $143,750 per sqft
- – on site
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.
Last checked:
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Checking…
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Last updated Feb 11, 2025
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MLS# 202504297 —
The Building
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Year Built:1900
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New Construction:No
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Architecural Style:Duplex
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Style:Attached
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Exterior:Vinyl
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Basement:No
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Basement/Foundation:Slab
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Total SqFt:1728
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Total Finished SqFt:1728
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Main Level SqFt:864
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Above Grade Finished SqFt:1728
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Upper Level SqFt:864
Interior
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Kitchen Level:Main
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Living/Great Room Level:Main
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Fireplace:No
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Laundry Level:Main
Room Dimensions
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Kitchen Length:11
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Kitchen Width:12
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Living/Great Room Width:12
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Living/Great Room Length:21
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1st Bedroom Length:12
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1st Bedroom Width:12
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2nd Bedroom Length:9
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2nd Bedroom Width:11
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Laundry Room Length:6
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Laundry Room Width:8
Location
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Directions to Property:From Morgan St/46 turn S on Montgomery, turn R on W Wayne, Property on R.
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Latitude:39.283498
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Longitude:-86.764562
The Property
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Parcel# ID:60-10-20-400-400.728-028
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Property Subtype:Site-Built Home
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Lot Dimensions:IRREGULAR
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Lot Description:Corner, 0-2.9999
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Approx Lot Size SqFt:17424
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Approx Lot Size Acres:0.4
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Waterfront:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:6276
Beds
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Total # Bedrooms:2
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
Baths
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Total Baths:1
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Total Full Baths:1
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# of Full Baths Main:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202504297
Heating & Cooling
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Heating Fuel:Electric
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Cooling:Central Air
Utilities
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Water Utility:City
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Sewer:City
Schools
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Elementary:Spencer
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Middle School:Owen Valley
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High School:Owen Valley
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School District:Spencer-Owen Community Schools
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:No
Monthly cost estimate
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Asking price
$1,150,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,157
|
Taxes | $1,452 |
Insurance | $316 |
Utilities | N/A |
Total | $7,925/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/11/25
Feb 11, 2025
|
Listed / Active | IRMLS | $1,150,000 |