202-204 Mill Street, Gaston, IN 47342

Local realty services provided by:ERA Crossroads
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202-204 Mill Street,Gaston, IN 47342
$190,900
  • 4 Beds
  • 2 Baths
  • 2,202 sq. ft.
  • Multi-family
  • Active
Listed by:steve slavinCell: 317-701-5006
Office:coldwell banker real estate group
MLS#:202532289
Source:Indiana Regional MLS

Price summary

  • Price:$190,900
  • Price per sq. ft.:$86.69

About this home

Prime Investment Opportunity in Gaston! This full-brick duplex, built in 2006, is one of the best investment properties in the area. Each side offers 1,101 sq ft with 2 bedrooms, 1 bath, interior laundry, a spacious living room, and an oak cabinet kitchen complete with appliances (refrigerator, dishwasher, range, microwave, and water softener). One unit is currently leased at $850/month, while the freshly remodeled vacant unit is ready to lease at $900/month. Tenants pay all utilities, and both units feature high-efficiency furnaces and owned water softeners—keeping operating costs low. Once fully rented, you should see around $21,000 a year in annual gross rent. The vacant unit has been recently updated with new flooring, fresh interior paint, a new gas stove, and a modernized bathroom. Outside, you’ll find plenty of street parking and the option to add a privacy fence on the south side for extra separation from neighboring businesses. This property has been meticulously

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Home facts

  • Year built:2006
  • Listing Id #:202532289
  • Added:1 day(s) ago
  • Updated:August 14, 2025 at 08:43 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,202 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:2006
  • Building area:2,202 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Wesdel
  • Middle school:Wes-Del
  • Elementary school:Wes-Del

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$190,900
  • Price per sq. ft.:$86.69
  • Tax amount:$1,000
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.

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