17425 State Road 37, Harlan, IN 46743

Local realty services provided by:ERA Crossroads
17425 State Road 37,Harlan, IN 46743
$325,000
  • 7 Beds
  • 4 Baths
  • 4,042 sq. ft.
  • Multi-family
  • Active
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
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 2026 Indiana Regional MLS LLC.