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    Duplex Income Property Opportunity Title is generated by Realmo AI

    206 4th Street, Aurora, IN 47001

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    For Sale
    $179,900

    MULTI_FAMILY - Other - Aurora, IN

    Property size:
    2,304 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $78/SF
    Added:
    Jun 2, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 15 at 1:06 pm

    Property Features for 206 4th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
    Parking features
    On Street
    Window features
    Vinyl Frames, Wood Frames
    Fireplace
    1
    Appliances
    Oven/Range, Refrigerator
    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

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    Listing Contact
    Jeff McGownd

    Listing agent Jeff McGownd

    Listing office Keller Williams Realty Services 118 Walnut Street, Florence, IN

    Listing date Jun 2, 2026

    MLS# 207586 Listing URL

    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.

    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
    • Fireplace included, plus forced‑air heating with natural gas and window A/C units
    • Public water and public sewer available
    • On‑street parking; appliances include oven/range and refrigerator

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Dearborn
    State
    Indiana
    Longitude
    -84.899507
    Latitude
    39.05448

    FAQs

    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
    More about this property
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