17425 State Road 37, Harlan, IN 46743
Local realty services provided by:ERA Crossroads
Listed by: lori depew
Office: open door rentals and real estate
MLS#:202609539
Source:Indiana Regional MLS
Price summary
- Price:$325,000
- Price per sq. ft.:$74.73
About this home
Turnkey investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. Two units are currently occupied, providing instant cash flow, while two vacant units allow a new owner to set market rents and increase returns. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.
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Home facts
- Year built:1900
- Listing ID #:202609539
- Added:4 day(s) ago
- Updated:March 27, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Mixed
- Basement Description:Partial Basement
- Living area:4,042 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:4,042 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Vinyl
- Levels:2 Stories
Schools
- High school:Woodlan
- Middle school:Woodlan
- Elementary school:Woodlan
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$74.73
- Tax amount:$3,325
Features and amenities
- Amenities:Sump Pump, Water Heater Gas
Parking
- Garage spaces:1
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