314 S Union Street, Selma, IN 47383

Local realty services provided by:ERA Crossroads
314 S Union Street,Selma, IN 47383
$189,900
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 696 sq. ft.
  • Multi-family
  • Active
Listed by:jim mochalCell: 765-748-1005
Office:coldwell banker real estate group
MLS#:202532812
Source:Indiana Regional MLS

Price summary

  • Price:$189,900
  • Price per sq. ft.:$168.35

About this home

GREAT Investment Package. Cash cow opportunity in Selma. Two dwellings on 1 parcel. One is a 3 bedroom 1/12 story home with Kitchen, dining room, living room, laundry room, family room with wood burning stove, and 10 X 17 porch, that currently is vacant, but, could easily rent for $1,200 / month. The other is a duplex: each is a 2 bedroom 1 bath unit. The 1 current tenant pays $625 / month and the other is currently vacant, but, could easily rent for $750 / month. In the upstairs duplex an efficiency apartment has been started, but needs to be finished. The annual income fully rented would be $32,000, and at a 10% cap would be $320,000. In addition, the lot just to the east, parcel #:18-12-15-108-008.000-011, 83' X 165', comes with this package as well ! Properties are being sold " AS IS". Seller has never lived in property and is a P.O.A.

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Home facts

  • Year built:1973
  • Listing ID #:202532812
  • Added:38 day(s) ago
  • Updated:September 24, 2025 at 03:03 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:696 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electricity

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1973
  • Building area:696 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:Wapahani
  • Middle school:Selma
  • Elementary school:Selma

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$189,900
  • Price per sq. ft.:$168.35
  • Tax amount:$1,500
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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