$1,150,000
135 & 137 W Wayne Street
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.
From Morgan St/46 turn S on Montgomery, turn R on W Wayne, Property on R.
Map to 135 & 137 W Wayne Street, Spencer, IN 47460
MLS #
202504297
Date Listed
2025-02-07
Status
Active
Property Type
Residential
Property SubType
Site-Built Home
Square Feet
1728 sqft
New Construction
No
Style
Attached
Type
Site-Built Home
Bedrooms
2
Bathrooms
1
Annual Taxes
$6,276.00
Year Taxes Payable
2024
Year Built
1900
Virtual Tour
propertypanorama.com »
Days on Market
56
Additional
Design
Duplex
Cooling
Central Air
Heating
Electric
Main Level Laundry
Yes
Room Dimensions
Living Room
21 × 12
Main Level
Kitchen
11 × 12
Main Level
Master Bedroom
12 × 12
Main Level
2nd Bedroom
9 × 11
Main Level
Bathroom Locations
Full Baths
1 Main
External Features
Construction
Site-Built Home
Exterior
Vinyl
Lot Size
17,424 sq ft
Acreage
0.40 Acres
Lot Dimensions
IRREGULAR
Sewer
City
Water
City
Fence
None
Location
Area
Owen County
County
Owen
Subdivision
None
Township
Washington
City
Spencer
State
IN
Zip
47460
Schools
School District
Spencer-Owen Community Schools
Elementary
Spencer
Middle School
Owen Valley
High School
Owen Valley
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202504297 |
|---|---|
| Date Listed | 2025-02-07 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Square Feet | 1728 sqft |
| New Construction | No |
| Style | Attached |
| Type | Site-Built Home |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Annual Taxes | $6,276.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1900 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 56 |
| Design | Duplex |
|---|---|
| Cooling | Central Air |
| Heating | Electric |
| Main Level Laundry | Yes |
| Living Room | 21 × 12 | Main Level |
| Kitchen | 11 × 12 | Main Level |
| Master Bedroom | 12 × 12 | Main Level |
| 2nd Bedroom | 9 × 11 | Main Level |
| Full Baths | 1 Main |
| Construction | Site-Built Home |
|---|---|
| Exterior | Vinyl |
| Lot Size | 17,424 sq ft |
| Acreage | 0.40 Acres |
| Lot Dimensions | IRREGULAR |
| Sewer | City |
| Water | City |
| Fence | None |
| Area | Owen County |
|---|---|
| County | Owen |
| Subdivision | None |
| Township | Washington |
| City | Spencer |
| State | IN |
| Zip | 47460 |
| School District | Spencer-Owen Community Schools |
|---|---|
| Elementary | Spencer |
| Middle School | Owen Valley |
| High School | Owen Valley |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202504297
IDX information provided by the Indiana Regional MLS.
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Taylor Kay
Keith Realty & Auction Group
Office: 812-714-8250
Listing updated March 18, 2025 at 2:30 pm
Last checked 2 minutes ago
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