Skip main navigation
Active
  • $1,150,000

    135 & 137 W Wayne St, Spencer, IN 47460

    2beds
    1,728sqft
    : 
    Single Family Residence, Duplex, Condominium
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Off street parkingNew metal roofsGravel parking lotsIndividual porches
    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.
    74 days
    on Zillow
    |
    81
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2025 at 11:27am

    Listed by:

    Taylor Kay Office:812-714-8250,

    Keith Realty & Auction Group

    Source: IRMLS,MLS#: 202504297MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 135 & 137 W Wayne St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 132
    • Dimensions: 11 x 12
    Living room
    • Level: Main
    • Area: 252
    • Dimensions: 21 x 12
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,728
    • Total interior livable area: 1,728 sqft
    • Finished area above ground: 1,728
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Lot
    • Size: 0.4 Acres
    • Features: Corner Lot, 0-2.9999
    Details
    • Additional parcels included: 6010-20-400-400.727-028
    • Parcel number: 601020400400.728028

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Single Family Residence, Duplex, Condominium
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Spencer

    Financial & listing details

    • Annual tax amount: $6,276
    • Date on market: 2/11/2025
    • Loading
    • Loading