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Listed price in listed location currency (USD).
$219,900

420

MLS® 202609242

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1740 sqft
Garage 
Taxes $4,720
Days Active 0
Lot Size 0.25 Acres
Approx. Age 2021
Avg. Price Per Sqft $126
MLS® Number 202609242

Property Address: 500 N College Ave, Salem, IN, 47167-2204

Average square foot calculated using Size range provided by listing agent.

Description

Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this WELL MAINTAINED DUPLEX is a must see! With both units producing over $1, 700 per month in gross rental income, this property offers immediate earning potential. Conveniently situated near shopping, dining, schools, and other local amenities, the location is hard to beat. Each unit features a spacious open-concept layout that seamlessly connects the living room, kitchen, and dining area. The kitchens offer ample workspace with a large breakfast bar, perfect for everyday living and entertaining. You'll also appreciate the 2 generously sized bedrooms sharing 1 large bathroom, oversized utility room, and the added storage provided by the large attached shed accessible from the patio area. Each unit currently rents for $875 per month, tenants are currently under provided leases and are wonderful to work with. Don't miss this rare opportunity to own a versatile, income-producing property in a prime Salem location!
MLS® Number202609242
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
Basement
Driveway
Garage Spaces
HeatHeat Pump
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$219,900List Price
  • Commute

Commute

Starting Address
Destination Address
500 N College Ave, Salem, IN

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