Income-Producing Duplex in Rural Franklin County. Handyman special!!! This duplex, located in a quiet rural community in Franklin County, features two spacious 2-bedroom units—perfect for maximizing rental income. Bring your tools and ideas and make this a great investment. Priced to sell. Currently rented and generating income, this property is ideal for investors looking for immediate cash flow. Just one hour from both Indianapolis and Cincinnati and only minutes from Brookville Lake, the location offers a blend of peaceful small-town living and access to outdoor recreation. This duplex can be purchased individually, as part of a smaller investment bundle, or included in a rare 24-property portfolio package spread across scenic Franklin County. Whether you’re expanding your rental holdings or starting your investment journey, this property is a smart move.
For sale
Price cut: $10K (7/11)
$39,500
154 E Pearl St, Laurel, IN 47024
4beds
2baths
2,880sqft
Est.:
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$14/sqft
$-- HOA
What's special
- 56 days
- on Zillow |
- 587 |
- 31 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 06:46am
Listed by:
Georgia Green,
Coldwell Banker Lingle,
Leah Spurlock,
Coldwell Banker Lingle
Source: RLMS,MLS#: 10051316

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Features
- Levels: One
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: ASK AGENT
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Condition
- Year built: 1900
Community & HOA
Location
- Region: Laurel
Financial & listing details
- Price per square foot: $14/sqft
- Annual tax amount: $781
- Date on market: 6/18/2025
- Tenant pays: Unit 1 Water, Unit 2 Water, Unit 1 Gas, Unit 2 Gas, Unit 1 Electricity, Unit 2 Electricity
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