IN > Ellettsville
Ellettsville, IN 47429,314 W Association Street
Ellettsville, IN 47429,314 W Association Street
Ellettsville, IN 47429,314 W Association Street
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Found It Team

Found It Team

+1(800) 790-7576
$230,000
Est. payment /mo
3 Beds
2 Baths
1,721 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,721 sqft

MLS Listing ID 202542673

Style One Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,721

Total Fin. Sqft 1721

Year Built 1948

Annual Tax Amount $1,327

Tax Year 2025

Lot Size 0.440 Acres

Property Sub-Type Duplex

Property Description

Investment opportunity with flexibility and upside potential! This duplex, situated on two parcels totaling just over 0.4 acres, offers solid rental history and room to grow. Both units have long-term tenants (since 2019 and 2020) with current rents of $920 for the two-bedroom plus office and $850 for the one-bedroom—leaving space to bring rents to market rates in the future. The larger unit includes an office that could be enclosed to create a third bedroom plus access to half the basement. The other half of the basement (or even 2/3 of the basement) featuring egress windows—presents an opportunity for a third unit (check local regulations) or rentable storage space. Property has been professionally managed and well maintained, with tenants responsible for most utilities. Two-bedroom lease runs through June 2026; one-bedroom lease through April 2026. Two parcels included in sale. Ellettsville is in high demand for rentals as businesses continue to expand west and several large employers grow.

Location

State IN

County Monroe County

Area Monroe County

Direction Association between Third and Fourth Streets

Rooms

Family Room 850

Dining Room 0 x 920

Interior

Flooring Carpet

Appliance Building

Laundry , 4

Exterior

Garage Spaces 1.0

Amenities Available Basement, Fenced Yard, Off Street Parking

Total Parking Spaces 4

Building

Lot Description Level

Story 1

Structure Type Stone

New Construction No

Schools

Elementary Schools Edgewood

Middle Schools Edgewood

High Schools Edgewood

School District Richland-Bean Blossom Community Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202542673

Read Less Info
Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Deborah Tomaro • Deb Tomaro Real Estate • deb.tomaro@homefinder.org

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314 W Association Street

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