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8372 E Us Highway 36, Avon, IN 46123

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For Sale

$450,000

0.9 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.9 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Prime investment opportunity in the heart of Avon! 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 vacant-ideal for an owner-occupant, long-term rental, or even short-term rental opportunity. Unit 2: 748 sq ft, updated in 2023 | 1 Bedroom | 1 Bathroom & is currently rented 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 Unit 2.
MLS# 22062136

Courtesy Of Advanced Realty, LLC

(317) 298-0961

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.9 Acres
  • Rooms
    Basement

Map and Directions

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

Home seller CENTURY 21 Scheetz

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

CENTURY 21 Scheetz

(317) 705-2500
Learn More About Us

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† 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.