Sold for $220,000 Listed for $220,000
This property is not currently for sale or for rent.
Located in the heart of downtown Auburn, this spacious triplex offers a strong investment opportunity with two 3-bedroom units and one efficiency unit. Current rental income is $1,885 per month as it sits, with the potential to increase by repairing and renting the vacant 3-bedroom unit. The property is separately metered with three electric meters and three gas meters, and tenants pay their own utilities along with a reimbursement for water, sewer, and trash. The main house units features new furnaces and central air, a full basement for additional storage, and large rooms with high ceilings. Covered front and back porches add to the charm, and no lawn care is required for easy maintenance. With a prime location close to shops, dining, and amenities, plus professional management already in place, this property is an excellent turnkey investment with value-add potential.
State Rd 8 (7th st) to Indiana to 2nd st to property
| MLS # | 202538020 |
|---|---|
| Date Listed | 2025-09-19 |
| Status | Sold |
| Property Type | Investment |
| Property SubType | Triplex |
| Finished Square Feet | 3194 sqft |
| Total Square Feet | 4620 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Triplex |
| Basement | Yes |
| Bedrooms | 6 |
| Bathrooms | 4 (3 Full, 1 Half) |
| Annual Taxes | $1,200.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1890 |
| Days on Market | 7 |
| Family Room | 890 × 745 | Level |
| 5th Bedroom | 3 × 3 | Level |
| Full Baths | 6 Main |
| Construction | Triplex |
|---|---|
| Lot Size | 4,792 sq ft |
| Acreage | 0.11 Acres |
| Lot Dimensions | 70x66 |
| Fence | None |
| Area | Dekalb County |
|---|---|
| County | Dekalb |
| Subdivision | None |
| Township | Union |
| City | Auburn |
| State | IN |
| Zip | 46706 |
| School District | Dekalb Central United |
|---|---|
| Elementary | McKenney-Harrison |
| Middle School | Dekalb |
| High School | Dekalb |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202538020
IDX information provided by the Indiana Regional MLS.
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.
Listing Provided Courtesy of Tammie Jones
Open Door Rentals and Real Estate
Listing updated October 28, 2025 at 9:02 am
Last checked 4 minutes ago