INVESTORS!!! This property is a cash flow ready investment opportunity. These duplexes are in great structural condition, have a newer metal roof, off street parking spaces, and a strong rental history. The kitchen, the living space, a half bath located down stairs & the two bedrooms and a full bath upstairs. All 4 of these units have the same layout, and each unit has their own 10x10 back porch for enjoyment located off the back of the kitchen. Property manager does routine walk-throughs in the spring & fall to keep up on needed repairs.
Active
$409,900
101 E Wayne St, Spencer, IN 47460
2beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1991
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Back porchOff street parking spacesTwo bedroomsLiving spaceNewer metal roofHalf bath located downstairs
- 131 days
- on Zillow |
- 67 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2025 at 03:25pm
Listing Provided by:
Taylor Kay taylor.kay@homefinder.org,
Keith Realty & Auction Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22020009

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Property
Lot
- Size: 5,227.2 Square Feet
- Features: Corner Lot, Sidewalks
Details
- Parcel number: 601020400400727028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1991
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Spencer
Financial & listing details
- Tax assessed value: $294,600
- Annual tax amount: $5,436
- Date on market: 2/11/2025
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