Bought with eXp Realty, LLC
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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,728 sqft
Subdivision Ashley(S)
MLS Listing ID IRM202533662
Sold Date 10/20/25
Bedrooms 7
Full Baths 6
HOA Y/N No
Year Built 1985
Annual Tax Amount $2,805
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 64X155
Property Sub-Type Sixplex
Property Description
Don't miss your chance to own this income-producing six-unit property with strong potential and recent improvements. The building features five 1-bedroom apartments and one 2-bedroom apartment, offering excellent rental flexibility with an income potential of $4,950/month. Recent upgrades include a complete rehab with new carpet and vinyl flooring, brand-new natural gas lines servicing all units for ranges and wall heaters, and twin 40-gallon electric water heaters in series for added efficiency and reliability. Major exterior improvements have already been completed, including a newer roof, vinyl siding, and vinyl replacement windows. Residents enjoy a spacious yard, off-street parking at the rear, and a convenient driveway connecting 9th Street to 8th Street. Located just five minutes from shopping and dining, this property is ideally situated for both tenants and long-term investment growth.
Location
State IN
Rooms
Basement Crawl Space, Partial
Interior
Heating Gas, Wall Heater
Fireplace N
Exterior
Parking Features Concrete, Off Street
View Y/N true
Total Parking Spaces 6
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water City
Level or Stories Two
New Construction No
Schools
Elementary Schools Mckenney-Harrison
Middle Schools Dekalb
High Schools Dekalb
School District Dekalb Central United
Others
Pets Allowed No
Tax ID 17-06-32-101-028.000-025
Monthly Total Fees $2, 000
Acceptable Financing IRM202533662
Listing Terms IRM202533662
Financing Conventional
Special Listing Condition None
Pets Allowed Yes
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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Denise Jarboe
Broker Associate License ID: RB20000819
Broker Associate License ID: RB20000819