54
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$450,000
$450,000
Est. payment /mo
0.9 Acres Lot
Sold on 11/20/2025
8372 E Us Highway 36 Avon, IN 46123
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22062136
Sold Date 11/20/25
Year Built 1947
Tax Year 2025
Lot Size 0.900 Acres
Acres 0.9
Property Sub-Type Duplex
Property Description
Prime investment opportunity in the heart of Avon producing $3,300/mo ($39,600/yr) in rental income! 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 leased for 1 yr at $2,000/mo (lease expires Oct 2026.) Unit 2: 748 sq ft, updated in 2023, 1 Bedroom, 1 Bathroom & is currently leased for 1 yr 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 Units 1 & 2. Each unit and outbuilding has it's own utility meters. Tenants pay their own utilities.
Location
State IN
County Hendricks
Zoning R-2 (Avon)
Rooms
Basement Daylight, Egress Window(s), Partial
Interior
Heating Natural Gas
Cooling Central Air
Equipment Sump Pump
Fireplace N
Exterior
Garage Spaces 4.0
View Y/N false
Building
Story Two
Foundation Crawl Space
New Construction false
Schools
Elementary Schools Maple Elementary School
Middle Schools Avon Middle School North
High Schools Avon High School
School District Avon Community School Corp
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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