17425 State Road 37 Harlan, IN $ 325,000
17425 State Road 37
$ 325,000
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17425 State Road 37

Harlan, IN, 46743
$ 325,000
Bedrooms7 Baths4.0 Sq 4,042

Monthly Estimate*

$ 2,001

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Multi-Family Home for sale in Harlan, IN

for $325,000 with 7 bedrooms and 4 full baths. This 4,042 square foot home was built in 1900.

Turnkey investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. Two units are currently occupied, providing instant cash flow, while two vacant units allow a new owner to set market rents and increase returns. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.

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Multi-Family Active

Price

$ 325,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,663

Style

Fourplex

Year Built

1900

Town/City

Harlan

County/Region

Allen

MLS | Web ID

202609539

Features
General
Heating Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1900
New Construction No
Tenant Pays Electric Fuel Sewer Trash Collection Water
Subdivision None
Style Two Story
Stories Count 2
Township Springfield
Class INVESTMENT
Type Fourplex
Age 126
Net Income 11847.52
Rent Income 36480
Features Off Street Parking Water Heater Gas Sump Pump
REO No
Status Detail 0
Area Allen County
High School Woodlan
City Harlan
School District East Allen County
Total Sq Ft 4349
Elementary School Woodlan
Middle School Woodlan
Legal Description Harlan lot 12 Ex N 25 of E 10Ft
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202609539
Agent First Name Lori
Agent Last Name DePew
DOM 1
Tax Year 2025
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Interior
Basement Partial Basement
Flooring Mixed
Beds 7
Total Number of Units 4
Microwaves 0
Refrigerators 4
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 7
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 4
W/D Hookups 2
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 10
Lot Size Area 8568
Lot Dimensions 57x150
Lot Description Level
Water Meters 1
Electric Meters 4
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Lori DePew

Listing Agent

Open Door Rentals And Real Estate

Broker

lori@opendoorrandr.com

Email

Affordability Calculator

$2,306
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1235884 Elementary School
1235939 Middle School
Woodlan High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$325,000 Listed Price

Map


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17425 State Road 37, Harlan, IN, 46743 is a Multi-Family Home for sale at $325,000 with 4,042 sqft. 17425 State Road 37 has 7 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 46743 which is in Harlan, IN