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406 S Posey Street Salem, IN $ 209,900
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$ 209,900 Get more info
406 S Posey Street
$ 209,900
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406 S Posey Street

Salem, IN, 47167
$ 209,900
Bedrooms3 Baths2.0 Sq 1,216

Monthly Estimate*

$ 1,292

406 S Posey Street, Salem, IN 47167 - Image 1
406 S Posey Street, Salem, IN 47167 - Image 2
406 S Posey Street, Salem, IN 47167 - Image 3
406 S Posey Street, Salem, IN 47167 - Image 4
406 S Posey Street, Salem, IN 47167 - Image 5
406 S Posey Street, Salem, IN 47167 - Image 6
406 S Posey Street, Salem, IN 47167 - Image 7
406 S Posey Street, Salem, IN 47167 - Image 8
406 S Posey Street, Salem, IN 47167 - Image 9
406 S Posey Street, Salem, IN 47167 - Image 10

Multi-Family Home for sale in Salem, IN

for $209,900 with 3 bedrooms and 2 full baths. This 1,216 square foot home was built in 2022 on a lot size of 0.17.

Looking for a smart investment opportunity? Live in one unit and let the other help pay the mortgage! Built in 2022, this attractive duplex features one 2-bedroom unit and one 1-bedroom unit, offering flexibility for homeowners and investors alike. Each unit boasts an open-concept floor plan with spacious living areas that can accommodate a variety of furniture arrangements and lifestyles. Situated on a quiet dead-end street, you'll enjoy peaceful surroundings and minimal traffic both day and night. Additional features include extra paved parking, private storage sheds for each unit, and low-maintenance living in a desirable location. Whether you're seeking rental income, multi-generational living, or an addition to your investment portfolio, this property is ready to deliver.

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Multi-Family Active

Price

$ 209,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,656

Style

Lot Size

0.17

Year Built

2022

Town/City

Salem

County/Region

Washington

MLS | Web ID

202609247
Features
General
Sewer Public Sewer
Heating Other
Cooling Wall Unit(s)
Possession Negotiable
Appliances Oven Range Refrigerator
Zoning Multi Family
Architectural Style One Story
Construction Materials Vinyl Siding
Year Built 2022
Stories Count 1
Township Washington
Levels One
Property Subtype Duplex
County Washington
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions From Salem Square take Market street to Posey on left go all the way to the end Duplex will be on the left corner of Posey & King st.
City Salem
Zoning Description Multi Family
Lot Size Units Acres
Lot Size Square Feet 7405.2
Listing Terms Cash Conventional FHA
Tax Annual Amount 3656
Property Condition Resale
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Residential
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Interior
Interior Amenities Eat-in Kitchen Bath in Primary Bedroom Main Level Primary Open Floorplan Utility Room
Basement (Y/N) false
Air Conditioning Y/N true
Fireplace Y/N false
Above Grade Finished Area 1216
Half Baths 0
Laundry Features Main Level Other
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Landscaping Paved Driveway
Lot Features Corner Lot Dead End
Water Source Connected Public
Lot Size Area 0.17
Building Area Total 1216
Lot Size Acres 0.17
Road Surface Type Paved
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Evan Hunt

Listing Agent

Knobstone Properties Llc

Broker

evan@knobstoneproperties.com

Email

Affordability Calculator

$1,597
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,292
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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
6/15/2026$209,900 Listed Price

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406 S Posey Street, Salem, IN, 47167 is a Multi-Family Home for sale at $209,900 with 1,216 sqft and a lot size of 0.17. 406 S Posey Street has 3 bedrooms, 2.0 baths, and was built in 2022. The property's zip code is 47167 which is in Salem, IN

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