Duplex Income Property
For Sale
$179,900
206 4th Street, Aurora, IN 47001
MULTI_FAMILY - Other - Aurora, IN
Property Size2,304 SF
Lot Size0.09 Acres
Price / SF$78.08
Days on Market60
Property Features for 206 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
On Street
Window features
Wood Frames, Vinyl Frames
Fireplace
1
Appliances
Oven/Range, Refrigerator
Elementary school
Aurora Elementary
High school
South Dearborn High
Elementary school district
South Dearborn
Middle school district
South Dearborn
High school district
South Dearborn
Subdivision
Center
Standard status
Active
APN
15-07-32-103-129.000-003
Size
2,304 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty Services
(859) 240-0727
Listed By:
Jeff McGownd
(859) 240-0727
Added: Jun 2
Changed: Jul 30
Last Checked: Jul 31 at 4:06AM
MLS# 207586
Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two mirrored residential units, each featuring 2 bedrooms and 1 full bath. The property is configured as a side-by-side rental setup, with both units currently leased on a month-to-month basis. That structure can provide flexibility for an owner’s near-term plans, whether the goal is to continue collecting rent while retaining options for future occupants.
Located in downtown Aurora, Indiana, the home is described as within walking distance to local shops, dining, and amenities. The property sits on a relatively small lot, supporting a compact, manageable investment footprint. With a listed total size of 2,304 square feet, it is sized to serve as an accessible rental option for investors and owner-occupants alike.
For buyers seeking rental income, the current occupancy and month-to-month terms can simplify transition planning and reduce downtime risk. For an owner-occupant, the layout can also support living on one side while offsetting housing costs with income from the other unit. Either way, it’s positioned as a practical multifamily opportunity in a convenient, downtown setting.
Located in downtown Aurora, Indiana, the home is described as within walking distance to local shops, dining, and amenities. The property sits on a relatively small lot, supporting a compact, manageable investment footprint. With a listed total size of 2,304 square feet, it is sized to serve as an accessible rental option for investors and owner-occupants alike.
For buyers seeking rental income, the current occupancy and month-to-month terms can simplify transition planning and reduce downtime risk. For an owner-occupant, the layout can also support living on one side while offsetting housing costs with income from the other unit. Either way, it’s positioned as a practical multifamily opportunity in a convenient, downtown setting.
Key Highlights
- Duplex built in 1890 with vinyl siding and a shingle roof
- Each unit offers 2 bedrooms and 1 full bathroom
- Both units are currently rented on a month‑to‑month basis
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 47001, IN
10,208
Population
4,529
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$72,560
Median Household Income
$42,146
Median Earnings
$848
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two fully rented units with independent living setups make this duplex a straightforward downtown income play.
Where is this duplex located?
The property is located at 206 4th Street Aurora, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Duplex built in 1890 with vinyl siding and a shingle roof; Each unit offers 2 bedrooms and 1 full bathroom; Both units are currently rented on a month‑to‑month basis
