8372 E Us Highway 36, Avon, IN 46123
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
8372 E Us Highway 36,Avon, IN 46123
$450,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:lindsey winkhart
Office:re/max advanced realty
MLS#:22062136
Source:IN_MIBOR
Price summary
- Price:$450,000
About this home
Prime investment opportunity in the heart of Avon! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013| 3 Bedrooms | 2 Bathrooms | Dining Room | Large Family Room | 2 Spacious Lofts | Lower level that can be finished and used as an entertainment room/ flex space. Currently vacant-ideal for an owner-occupant, long-term rental, or even short-term rental opportunity. Unit 2: 748 sq ft, updated in 2023 | 1 Bedroom | 1 Bathroom & is currently rented at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5,000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Unit 2.
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Home facts
- Year built:1947
- Listing ID #:22062136
- Added:6 day(s) ago
- Updated:September 18, 2025 at 10:40 AM
Heating and cooling
- Cooling:Central Electric
Structure and exterior
- Year built:1947
- Lot area:0.9 Acres
Schools
- High school:Avon High School
- Middle school:Avon Middle School North
- Elementary school:Maple Elementary School
Finances and disclosures
- Price:$450,000
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