Wonderful investment opportunity. This well maintained duplex in Monon has two units each 2 bedroom 1 bath. Each unit has been updated properly over time with main updates within past 5 years making it a easy investment! There is a large 3 car garage on the property as well. Unit one is leased at $560/ month through 3/31/20. Second unit is leased through 6/30/19 at $600/month.
Off market
$171,100
406 N Race St, Monon, IN 47959
4beds
2,016sqft
MultiFamily
Built in 1981
-- sqft lot
$171,100 Zestimate®
$85/sqft
$821 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Microwave, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room), Unit 2 Laundry Room(Utility Room)
Features
- Countertops-Solid Surf
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total interior livable area: 2,016 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Main)
- Exterior features: Wood, Brick
Lot
- Size: 6,838 sqft
- Features: Other, City Lot
Details
- Parcel number: 918421000007200014
- Zoning: City Zoning(Unknown)
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1981
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Monon
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Flooring: Carpet, Laminate
- Heating: Forced Air, Natural Gas
- Appliances: Range/Oven, Refrigerator, Microwave
- Roof: Asphalt
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CoolingYN: true
- TenantPays: Cable TV, Electricity, Fuel
- RoomsTotal: 10
- LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly)
- ConstructionMaterials: Wood Siding, Brick
- Basement: Crawl Space
- NumberOfBuildings: 1
- FarmLandAreaUnits: Square Feet
- OwnerPays: Taxes
- NumberOfUnitsLeased: 2
- TrashExpense: 0
- WaterSewerExpense: 0
- CoveredSpaces: 3
- MaintenanceExpense: 0
- Cooling: Central Air
- LotFeatures: Other, City Lot
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- TotalActualRent: 0
- WaterSource: City
- InteriorFeatures: Countertops-Solid Surf
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Utility Room), Unit 2 Laundry Room(Utility Room)
- PetsAllowed: Pet Restrictions
- Sewer: City
- MlsStatus: Pending
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main)
- Zoning: City Zoning(Unknown)
- NetOperatingIncome: -548.98
- ParkingFeatures: Unit 1 Garage, Unit 1 Garage TypeDetached), Unit 2 Garage, Unit 2 Garage TypeDetached)
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$171,100
2% more+ $3,422
With Zillow Showcase(estimated)
$174,522