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8372 E Us Highway 36, Avon, IN 46123

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For Sale

$499,000

0.9 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 0.9 acres
    Lot size

  • 1947
    Year built

  • 4 Car Garage
    Garage Count

Explore this Property

Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023 - Currently rented out at $825 per month - Lease expires in May of 2024 Additional Features: - Entire property zoned R-2 (residential or commercial) - 5,000 sqft asphalt parking lot - 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) - Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns
MLS# 21972501

Listed By CENTURY 21 Scheetz

Property Features

  • Basement
    Partial
  • Garage Count
    4 Car Garage
  • Lot Size
    0.9 Acres
  • Style
    Other Style

Map and Directions

Directions to 8372 E Us Highway 36, Avon, IN 46123

Home seller Meet the Agent,
Jillian Stevens

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Jillian Stevens

of CENTURY 21 Scheetz

(317) 851-7010
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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