Listed with Lisa Goodman, LAKESHORE RLTRS, INCR

Price $194,900
Status Active
Beds 2
Baths 2 Baths
Home size 1,297 sqft
Lot Size 4,792 sqft
Days on Market 2
Prime Downtown Duplex- High-Demand Investment Opportunity: Unlock a high-performing addition to your portfolio with this well-maintained 2-unit property, perfectly situated just one block from Main Street. This prime location offers unmatched tenant appeal with an easy walk to local restaurants, shopping, The Times Theater, and the Nickel Plate Trail. This property is positioned for a gross monthly rent projection of $1,700, providing an attractive 7.5% Cap Rate for the savvy investor. Each unit features 1 bedroom and 1 bathroom with the added convenience of separate electric/gas meters and dedicated parking/storage in the detached 2-car garage. The larger south unit (#631) blends classic charm with modern updates, featuring hardwood floors in the living and dining rooms, a built-in china cabinet, a vintage-style kitchen with updated vinyl flooring, and brand-new bedroom carpeting. The north unit (#629) has been refreshed with new kitchen flooring, a new bathroom vanity, and updated bathroom flooring. The property is equipped for immediate occupancy with kitchen appliances and two window A/C units included. Tenants enjoy shared access to a locked laundry room featuring a washer and dryer. The utility structure is designed for ease of management: tenants are responsible for electric, gas for heat, internet, trash, and lawn maintenance, while the seller covers property taxes, insurance, water, and sewer. Whether you are looking for a turnkey rental or a strategic house-hack, this downtown gem offers both character and a solid return on investment.
Property Type(s): Multi Family
Last Updated 4/24/2026 Tract None
Year Built 1900 County Fulton

SCHOOLS

School District Rochester Community School Corp.
Elementary School Columbia / Riddle
Jr. High School Rochester Community
High School Rochester Community

Price History

Prior to Apr 1, '26 $209,900
Apr 1, '26 - Apr 24, '26 $199,900
Apr 24, '26 - Today $194,900

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Range, Refrigerator, Washer
BASEMENT Partial, Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air, Natural Gas
LOT 4792 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 41 x 120
SEWER Public Sewer
STORIES 1
STYLE 1 Level
SUBDIVISION None
TAXES 1973
WATER Public
Listed with Lisa Goodman, LAKESHORE RLTRS, INCR
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 4/26/26 4:31 PM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.

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