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135 W Wayne Spencer, IN $ 1,150,000
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$ 1,150,000 Get more info
135 W Wayne
$ 1,150,000
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135 W Wayne

Spencer, IN, 47460
$ 1,150,000
Baths0.0

Monthly Estimate*

$ 7,081

135 W Wayne, Spencer, IN 47460 - Image 1
135 W Wayne, Spencer, IN 47460 - Image 2
135 W Wayne, Spencer, IN 47460 - Image 3
135 W Wayne, Spencer, IN 47460 - Image 4
Studio

Multi-Family Home for sale in Spencer, IN

for $1,150,000. This home was built in 1995 on a lot size of 0.4.

Calling all investors! Looking for a stable, immediate cash flow property in great 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 great condition making for a great investment.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,276

Style

Duplex

Lot Size

0.4

Year Built

1995

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22021289
Features
General
Heating Electric
Cooling Central Air
Possession Closing
Roof Metal
Year Built 1995
Tenant Pays Electricity Trash Collection Water Other
Township Washington
Property Subtype Duplex
Tax Year 2024
Current Use Residential
Additional Parcels Description 60-10-20-400-400.727-028
County Owen
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
High School District Spencer-Owen Community Schools
Number Of Units Total 11
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 17424
Elementary School Spencer Elementary School
Middle/Junior High School Owen Valley Middle School
Additional Parcels Y/N Y
Structure Type Duplex
Standard Status Active
Tax Lot 0.4
Legal Description SPENCER LOT 263 & SPENCER LOT 264
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Exterior
Lot Size Acres 0.4
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* Excluded Features
List By
Keith Realty & Auction Group

Broker

taylor.kay@homefinder.org

Email

Affordability Calculator

$7,604
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$523
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
4046413 Elementary School
4046639 Middle School
Owen Valley Community High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/11/2025$1,150,000 Listed Price

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135 W Wayne, Spencer, IN, 47460 is a Multi-Family Home for sale at $1,150,000 with a lot size of 0.4. 135 W Wayne is a studio with 0.0 baths and was built in 1995. The property's zip code is 47460 which is in Spencer, IN

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