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7540 E SR 252 7540 IN-252 2 Unit Apartment Building $235,000 ($117,500/Unit) Edinburgh, IN 46124
Investment Highlights
- Two-unit duplex with open-concept layouts and modern finishes.
- Appliances convey in both units, reducing upfront costs for ownership.
- Located within the Edinburgh Community School District, serving local families.
- Recent upgrades include a new roof and HVAC systems installed in 2019.
- Convenient access to State Road 252 and nearby community amenities.
- Strong income potential with low maintenance requirements.
Executive Summary
This duplex presents an attractive investment opportunity in Edinburgh, Indiana, offering two well-maintained units with functional layouts and modern updates. Each unit features two bedrooms and one bathroom, complemented by an open-concept kitchen and living area that enhances natural light and usability. Both units include a refrigerator and oven range, providing immediate convenience for tenants.
Significant capital improvements were completed in 2019, including a new roof and HVAC systems, reducing near-term maintenance costs for the new owner. The property sits on a manageable 0.13-acre lot with paved parking and easy access to State Road 252, ensuring strong connectivity to local amenities and employment centers. Located within the Edinburgh Community School District, the property appeals to a broad tenant base seeking quality housing in a stable market.
With a current gross income potential of approximately $26,400 annually and low operating expenses, this asset offers consistent cash flow and long-term appreciation potential. Investors will appreciate the combination of updated systems, functional design, and a location that supports steady rental demand.
Significant capital improvements were completed in 2019, including a new roof and HVAC systems, reducing near-term maintenance costs for the new owner. The property sits on a manageable 0.13-acre lot with paved parking and easy access to State Road 252, ensuring strong connectivity to local amenities and employment centers. Located within the Edinburgh Community School District, the property appeals to a broad tenant base seeking quality housing in a stable market.
With a current gross income potential of approximately $26,400 annually and low operating expenses, this asset offers consistent cash flow and long-term appreciation potential. Investors will appreciate the combination of updated systems, functional design, and a location that supports steady rental demand.
Property Facts
| Price | $235,000 | Building Class | C |
| Price Per Unit | $117,500 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 1,536 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1997 |
| Apartment Style | Low-Rise |
| Price | $235,000 |
| Price Per Unit | $117,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,536 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1997 |
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Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 41-12-34-012-009.001-002 | Improvements Assessment | $131,800 |
| Land Assessment | $11,900 | Total Assessment | $143,700 |
Property Taxes
Parcel Number
41-12-34-012-009.001-002
Land Assessment
$11,900
Improvements Assessment
$131,800
Total Assessment
$143,700
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7540 E SR 252 | 7540 IN-252
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