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Showcase Indiana Real Estate
112-114 W 2nd St, Auburn, IN 46706
- $220,000
- 6
- BD
- 4
- BA
- 3,194
- SqFt
Listing courtesy of Tammie Jones from Open Door Rentals and Real Estate.
Selling Office: Open Door Rentals and Real Estate.- Sold Price
- $220,000
- List Price
- $220,000
- Status
- CLOSED
- MLS#
- 202538020
- Closing Date
- Oct 24, 2025
- Year Built
- 1890
- Days On Market
- Unknown
- Bedrooms
- 6
- Bathrooms
- 4
- Half-baths
- 1
- Living Area
- 3,194
- Township
- Union
Property Description
Located in the heart of downtown Auburn, this spacious triplex offers a strong investment opportunity with two 3-bedroom units and one efficiency unit. Current rental income is $1,885 per month as it sits, with the potential to increase by repairing and renting the vacant 3-bedroom unit. The property is separately metered with three electric meters and three gas meters, and tenants pay their own utilities along with a reimbursement for water, sewer, and trash. The main house units features new furnaces and central air, a full basement for additional storage, and large rooms with high ceilings. Covered front and back porches add to the charm, and no lawn care is required for easy maintenance. With a prime location close to shops, dining, and amenities, plus professional management already in place, this property is an excellent turnkey investment with value-add potential.
Additional Information
- Acres
- 0.11
- Taxes
- $2,332
- Lot Features
- Level
- Water
- City
- Heating
- Forced Air
- Cooling
- Central Air
- Flooring
- Carpet, Wood
- School District
- Dekalb Central United
- Elementary School
- McKenney-Harrison
- Middle School
- Dekalb
- High School
- Dekalb
- Agent Name
- Tammie Jones
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 