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Listed price in listed location currency (USD).
$450,000
$450,000

000

MLS® 22062136

  • Key Facts
  • Description
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Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Lot Size 0.9 acres
Approx. Age 1947
MLS® Number 22062136

Property Address: 8372 Us Highway 36, Avon, IN, 46123-7775

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in the heart of Avon producing $3, 300/mo ($39, 600/yr) in rental income! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2, 562 sq ft, remodeled in 2013, 3 Bedrooms, 2 Bathrooms, Dining Room, Large Family Room, 2 Spacious Lofts, Lower level that can be finished and used as an entertainment room/ flex space. Currently leased for 1 yr at $2, 000/mo (lease expires Oct 2026.) Unit 2: 748 sq ft, updated in 2023, 1 Bedroom, 1 Bathroom & is currently leased for 1 yr at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5, 000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Units 1 & 2. Each unit and outbuilding has it's own utility meters. Tenants pay their own utilities.
MLS® Number22062136
Laundry Level
Central VacNo
FireplaceNo
Acreage0.9
Exterior
GarageYes
Approx. Age1947
BasementDaylight, Egress Window(s), Partial
Driveway
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

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Price History

Nov 9, 2025End Date
$450,000Sold Price

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Sep 12, 2025List Date
$450,000List Price
Oct 20, 2023End Date
$240,000Sold Price

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Apr 7, 2025List Date
$240,000List Price
  • Commute

Commute

Starting Address
Destination Address
8372 Us Highway 36, Avon, IN

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