$220,000
$220,000
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112-114 W 2nd Street Auburn, IN 46706
6 Beds
4 Baths
3,194 SqFt
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,194 sqft
MLS Listing ID 202538020
Sold Date 10/24/25
Style Two Story
Bedrooms 6
Full Baths 3
Half Baths 1
Abv Grd Liv Area 3,194
Total Fin. Sqft 3194
Year Built 1890
Annual Tax Amount $1,200
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type Triplex
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.
Location
State IN
County Dekalb County
Area Dekalb County
Zoning R3
Direction State Rd 8 (7th st) to Indiana to 2nd st to property
Rooms
Family Room 890 x 745
Dining Room 0 x 315
Interior
Flooring Carpet, Wood
Fireplaces Number 5
Appliance Building, Lease
Laundry , 4
Exterior
Garage Spaces 1.0
Amenities Available Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Ceiling-9+, Detector-Carbon Monoxide, Detector-Smoke, Porch Covered, Six Panel Doors, Water Heater Electric
Total Parking Spaces 4
Building
Lot Description Level
Story 2
Structure Type Block
New Construction No
Schools
Elementary Schools Mckenney-Harrison
Middle Schools Dekalb
High Schools Dekalb
School District Dekalb Central United
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Colten VonDerau • Open Door Rentals and Real Estate