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314 W Association Street, Ellettsville, IN 47429

Local realty services provided by:CENTURY 21 Bradley Realty, Inc.
314 W Association Street,Ellettsville, IN 47429
$224,900
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  • 3 Beds
  • 2 Baths
  • 1,721 sq. ft.
  • Single family
  • Active
Listed by: deborah tomarodeb.tomaro@homefinder.org
Office: deb tomaro real estate
MLS#:202604816
Source:Indiana Regional MLS

Price summary

  • Price:$224,900
  • Price per sq. ft.:$65.34

About this home

Lower your living costs while building wealth. Let your property work for you! This is a duplex. One of both of the units could be available for owner occupancy Why rent when your tenant can help pay the mortgage? Both units are currently leased and generating over $1,700 per month, offering immediate income with built-in flexibility for future plans. Whether you're seeking a house-hack, multi-generational living setup, short-term rental strategy, BRRRR investment, or a straightforward income property, this one checks the boxes. Located approximately 15 minutes from Memorial Stadium, the potential for short-term rental income is especially compelling — imagine football weekend demand. Situated on two parcels totaling just over 0.4 acres, the property offers both stability and upside. The duplex features long-term tenants (since 2019 and 2020) with current rents of $920 for the spacious two-bedroom plus office unit and $850 for the one-bedroom unit, leaving room for future rent

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Home facts

  • Year built:1948
  • Listing ID #:202604816
  • Added:1 day(s) ago
  • Updated:February 17, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,721 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas

Structure and exterior

  • Year built:1948
  • Building area:1,721 sq. ft.
  • Lot area:0.44 Acres

Schools

  • High school:Edgewood
  • Middle school:Edgewood
  • Elementary school:Edgewood

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$65.34
  • Tax amount:$3,650
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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