112-114 W 2nd Street, Auburn, IN 46706

Local realty services provided by:ERA First Advantage Realty, Inc.
112-114 W 2nd Street,Auburn, IN 46706
$220,000
  • 6 Beds
  • 4 Baths
  • 3,194 sq. ft.
  • Multi-family
  • Pending
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
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.