8372 E Us Highway 36 Active Save Request In-Person Tour Request Virtual Tour
Avon,IN 46123
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22062136
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! 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.
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