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17425 State Road 37
Harlan, IN 46743

$325,000 - Status: Active
SQFT: 4,042
MLS# 202609539

Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. Two units are currently occupied, providing instant cash flow, while two vacant units allow a new owner to set market rents and increase returns. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.

Property Features

MLS#: 202609539
Zip: 46743
Subdivision:
Development: Springfield
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Partial Basement
Basement: Yes
Cooling: None
Days on Site: 36
Heating: Forced Air
Home Style: Fourplex
Lot Size: 0.20 acres
Stories: 2.0
Year Built: 1900

Feature Descriptions

Above Grade Finished SQFT: 4042
Amenities: Off Street Parking, Water Heater Gas, Sump Pump
Exterior: Vinyl
Lot Description: Level
Lot Dimensions: 57x150
Owner Pays: Building Insurance, Lawn Maintenance, Tax
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water
Total Finished SQFT: 4042
Units: 4
Water: City

Local Schools

High School: Woodlan
Middle School: Woodlan
Elementary School: Woodlan
School District: East Allen County

17425 State Road 37 | MLS# 202609539

This multi-family property located at 17425 State Road 37, Harlan, IN 46743 is currently listed for sale with an asking price of $325,000. State Road 37 is located within the East Allen County school district. Search Harlan real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Open Door Rentals and Real Est
Agency Phone: 260-333-7368
Agent Name: Lori DePew

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS

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