112-114 W 2nd Street, Auburn, IN 46706
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by:tammie jones
Office:open door rentals and real estate
MLS#:202538020
Source:Indiana Regional MLS
Price summary
- Price:$220,000
- Price per sq. ft.:$47.62
About this home
Located in the heart of downtown Auburn, this spacious triplex offers a strong investment opportunity with two 3-bedroom units and one efficiency unit. Current rental income is $1,885 per month as it sits, with the potential to increase by repairing and renting the vacant 3-bedroom unit. The property is separately metered with three electric meters and three gas meters, and tenants pay their own utilities along with a reimbursement for water, sewer, and trash. The main house units features new furnaces and central air, a full basement for additional storage, and large rooms with high ceilings. Covered front and back porches add to the charm, and no lawn care is required for easy maintenance. With a prime location close to shops, dining, and amenities, plus professional management already in place, this property is an excellent turnkey investment with value-add potential.
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Home facts
- Year built:1890
- Listing ID #:202538020
- Added:7 day(s) ago
- Updated:September 26, 2025 at 10:46 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:3
- Living area:3,194 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1890
- Building area:3,194 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Dekalb
- Middle school:Dekalb
- Elementary school:McKenney-Harrison
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$47.62
- Tax amount:$1,200
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