Login

803 & 805 Reason Avenue #INCLUDES 111 TRUELOVE RD, Loogootee, IN 47553

Loogootee
Local realty services provided by:CENTURY 21 Scheetz
803 & 805 Reason Avenue #INCLUDES 111 TRUELOVE RD,Loogootee, IN 47553
$235,000
Virtual Tour
  • 5 Beds
  • 2 Baths
  • 1,880 sq. ft.
  • Multi-family
  • Active
Listed by: barb haysOffice: 812-482-1424
Office: f.c. tucker emge
MLS#:202546179
Source:Indiana Regional MLS

Price summary

  • Price:$235,000
  • Price per sq. ft.:$125

About this home

Prime Investment Opportunity – 2 City Lots with Multiple Income Streams Unlock exceptional rental potential with this unique property featuring two active rentals plus room to add a third. Situated on two spacious city lots, this investment offers flexibility, strong cash flow, and desirable long-term upside. Return on Investment in just 7 years. Property Highlights: Two current rentals producing income: • 3 Bed 1 Bath, Mobile Home Rental – steady tenant appeal - 12 x 70 (840 SF) • 2 Bed 1 Bath Pole Barn House Rental – versatile living space with solid rental history - 40 X 26 (1040 SF) Expandable Portfolio – The additional vacant lot already has electric, water, and sewer, making it ideal for adding a third rental unit with minimal groundwork. Low-maintenance setup designed for reliable occupancy and attractive returns. Convenient in-town location, close to amenities such as swiming pool , city Park, Pickle Ball courts, and ample employment opportunities, boosting rental...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1991
  • Listing ID #:202546179
  • Added:216 day(s) ago
  • Updated:June 19, 2026 at 03:04 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl, Vinyl Tile
  • Living area:1,880 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electricity, Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Metal
  • Year built:1991
  • Building area:1,880 sq. ft.
  • Lot area:0.45 Acres
  • Lot Features:Corner, Level
  • Construction Materials:Aluminum, Vinyl
  • Exterior Features:Deck Covered

Schools

  • High school:Loogootee
  • Middle school:Loogootee
  • Elementary school:Loogootee

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$125
  • Tax amount:$891

Features and amenities

  • Amenities:Water Heater Electric

Parking

  • Parking description:Gravel Driveway, Off Street Parking
  • Garage spaces:1
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.

New listings near 803 & 805 Reason Avenue #INCLUDES 111 TRUELOVE RD