Description
Incredible INVESTMENT opportunity featuring eight fully occupied 2 bedroom, 1 bath duplexes (918 sq ft per unit) with a solid rental history and dependable cash flow. Tenants are responsible for their utilities. Each unit has their own electric and water meters, with city sewer. Inside the unit offers laundry hookups, and ample storage space. Outside enjoy your morning coffee on the deck included with each unit. You also have paved parking. Sitting on 1.13 acres allows plenty of room to increase cash flow by adding more duplexes or storage units. Please allow 48 hours notice to view one unit. Call to schedule your showing today!
Details
| MLS # | 2026010536 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 65 |
| Listing Provided By | Mainstreet REALTORS | Mary McCoskey Finkle |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 7,344 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Multi Family |
| Acreage | 1.13 |
Exterior
| Lot Features | Dead End |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | No Garage |
Taxes
| Tax Annual Amount | 8540 |
|---|
Area Information
| State | IN |
|---|---|
| County | Washington |
| City | Salem |
| Zip Code | 47167 |
| Listing VS Median (in 47167) | |
Price: $800,000 low | high Med: $224,900 sqft: 7,344 low | high Med: 792 $ / sqft: $109 low | high Med: $284 On site: 65 low | high Med: 53 | |
Market Activity 47167
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Learn More About This Property
| State | IN |
|---|---|
| County | Washington |
| City | Salem |
| Zip Code | 47167 |
| Listing VS Median (in 47167) | |
Price: $800,000 low | high Med: $224,900 sqft: 7,344 low | high Med: 792 $ / sqft: $109 low | high Med: $284 On site: 65 low | high Med: 53 | |
Listing Updated: October 1, 2026 at 2:44:39 AM PDT
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© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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