509 N High St | Image 1
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509 N High St | Image 7

$115,000

12 days ago

4 Bed

3 Bath

2584 sqft

3 Parking

MLS® 202603429

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2584 sqft
Garage No
HOA Fees 
Taxes $4,074
Days Active 12
Approx. Age 1940
Avg. Price Per Sqft $44
MLS® Number 202603429

Property Address: 509 N High St, Salem, IN, 47167-1871

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

Description

INVESTMENT. OPPORTUNITY. PROFITABLE. This three unit apartment building offers excellent income potential in a convenient, central location close to shopping, dining, and everyday amenities. With one unit currently rented and two units available, this property provides immediate and future rental opportunities. Units 1 and 2, located on the main level, each feature one bedroom, one bathroom, and an eat-in kitchen. Unit 3, situated upstairs, offers two bedrooms, one bathroom, and a kitchen, making it ideal for larger households or increased rental value. Additional highlights include off-street asphalt parking and a shared laundry area for tenant convenience. Utilities are provided by Duke and Town of Washington Water. Whether you’re expanding your portfolio or stepping into your first multi-unit investment, this property presents a strong opportunity with flexible rental options and a desirable location.
MLS® Number202603429
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$115,000List Price
  • Commute

Commute

Starting Address
Destination Address
509 N High St, Salem, IN

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