135 & 137 W Wayne Street, Spencer, IN 47460

Local realty services provided by:ERA First Advantage Realty, Inc.
135 & 137 W Wayne Street,Spencer, IN 47460
$1,150,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 1,728 sq. ft.
  • Single family
  • Active
Listed by: taylor kayOffice: 812-714-8250
Office: keith realty & auction group
MLS#:202504297
Source:Indiana Regional MLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$665.51

About this home

Calling all investors! Looking for a stable, immediate cash flow property in excellent condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in excellent condition making for a great investment.

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Home facts

  • Year built:1900
  • Listing ID #:202504297
  • Added:331 day(s) ago
  • Updated:January 08, 2026 at 04:30 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,728 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Year built:1900
  • Building area:1,728 sq. ft.
  • Lot area:0.4 Acres

Schools

  • High school:Owen Valley
  • Middle school:Owen Valley
  • Elementary school:Spencer

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$665.51
  • Tax amount:$6,276
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.

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