Back to search
314 S Union Street Selma, IN $ 189,900
Share Save
$ 189,900 Get more info
314 S Union Street
$ 189,900
Back to search
Share Save

314 S Union Street

Selma, IN, 47383
$ 189,900
Bedrooms6 Baths2.0 Sq 696

Monthly Estimate*

$ 1,185

314 S Union Street, Selma, IN 47383 - Image 1
314 S Union Street, Selma, IN 47383 - Image 2
314 S Union Street, Selma, IN 47383 - Image 3
314 S Union Street, Selma, IN 47383 - Image 4
314 S Union Street, Selma, IN 47383 - Image 5
314 S Union Street, Selma, IN 47383 - Image 6
314 S Union Street, Selma, IN 47383 - Image 7
314 S Union Street, Selma, IN 47383 - Image 8
314 S Union Street, Selma, IN 47383 - Image 9
314 S Union Street, Selma, IN 47383 - Image 10
314 S Union Street, Selma, IN 47383 - Image 11
314 S Union Street, Selma, IN 47383 - Image 12
314 S Union Street, Selma, IN 47383 - Image 13
314 S Union Street, Selma, IN 47383 - Image 14
314 S Union Street, Selma, IN 47383 - Image 15
314 S Union Street, Selma, IN 47383 - Image 16
314 S Union Street, Selma, IN 47383 - Image 17
View a Virtual Tour

Multi-Family Home for sale in Selma, IN

for $189,900 with 6 bedrooms and 2 full baths. This 696 square foot home was built in 1973.

GREAT Investment Package. Cash cow opportunity in Selma. Two dwellings on 1 parcel. One is a 3 bedroom 1/12 story home with Kitchen, dining room, living room, laundry room, family room with wood burning stove, and 10 X 17 porch, that currently is vacant, but, could easily rent for $1,200 / month. The other is a duplex: each is a 2 bedroom 1 bath unit. The 1 current tenant pays $625 / month and the other is currently vacant, but, could easily rent for $750 / month. In the upstairs duplex an efficiency apartment has been started, but needs to be finished. The annual income fully rented would be $32,000, and at a 10% cap would be $320,000. In addition, the lot just to the east, parcel #:18-12-15-108-008.000-011, 83' X 165', comes with this package as well ! Properties are being sold " AS IS". Seller has never lived in property and is a P.O.A.

See more
Multi-Family Active

Price

$ 189,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,200

Style

Duplex

Year Built

1973

Town/City

Selma

County/Region

Delaware

MLS | Web ID

202532812
Features
General
Heating Electricity Baseboard
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1973
Parking Gravel Off Street
New Construction No
Tenant Pays Electric
Subdivision None
Style Two Story
Stories Count 2
Township Liberty
Class INVESTMENT
Type Duplex
Age 52
Net Income 3855
Rent Income 7500
Features Cable Ready Countertops-Laminate Water Heater Electric
Inside City Limits Yes
REO No
Status Detail 0
Common Amenities None
Area Delaware County
Location City/Town/Suburb
High School Wapahani
City Selma
School District Liberty-Perry Community S.D.
Total Sq Ft 1128
Elementary School Selma
Middle School Selma
Legal Description SELMA ALL OF 5/165Ft BY 5FT ADJ T LOT 5
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202532812
Agent First Name Jim
Agent Last Name Mochal
DOM 105
Tax Year 2025
See more
Interior
Basement Slab
Flooring Carpet Vinyl
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 0
See more
Exterior
Exterior Aluminum Wood
Driveway Gravel
Pool No
Number of Parking Spaces 3
Lot Size Area 10890
Lot Dimensions 65 X 167
Lot Description Level
Fence None
Outbuilding None
Water Features None
Waterfront Y/N No
See more
* Excluded Features
List By
Jim Mochal

Listing Agent

Coldwell Banker Real Estate Group

Broker

jmochal@coldwellhomes.com

Email

Affordability Calculator

$1,285
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,185
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1237396 Elementary School
1235883 Middle School
Wapahani High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/18/2025$189,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

314 S Union Street, Selma, IN, 47383 is a Multi-Family Home for sale at $189,900 with 696 sqft. 314 S Union Street has 6 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 47383 which is in Selma, IN

Get more info