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Two-Story Triplex with Garage
For Sale
$150,000

306 N Jefferson Avenue, Fowler, IN 47944

INVESTMENT, Two Story, Fowler, IN

Property Size3,228 SF
Lot Size0.20 Acres
Price / SF$46.47
Days on Market49

Property Features for 306 N Jefferson Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Parking 3
Lot features City/ Town/ Suburb, Corner, 0-2.9999
Elementary school Prairie Crossing
Middle school Benton Central
High school Benton Central
Elementary school district Benton Community
Middle school district Benton Community
High school district Benton Community
Directions From Lafayette: US Hwy 52 W to Fowler. Turn right onto Monroe Ave., turn right on 3rd St., turn left on Jefferson Ave. Home on left at corner of Jefferson Ave. and 2nd St.
Subdivision Benton County
Standard status Active
APN 04-08-16-111-030.000-004
Size 3,228 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OP LOT 119 N1/2 & OP LOT 120 N1/2 66X66 EA
Tax Annual Amount 3000
Legal Description OP LOT 119 N1/2 & OP LOT 120 N1/2 66X66 EA

Utilities

Cooling system Central Air

Amenities

spacious yard
patio area
detached garage with attached lean-to

Building Details

Year built 1915
Floors in Building 2
Number of units 3
Flooring type Tile, Carpet, Wood, Vinyl
Roof type Metal, Asphalt
Architectural style Other
Listing Agency: Burton Farm And Home Realty, LLC.
Listed By: Marci Burton · License #RB14039748
Added: Jul 27 Changed: Sep 12 Last Checked: Sep 13 at 10:06PM
MLS# 202630819

Copyright © 2026 Lafayette Regional Association 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 two-story multifamily property contains 3 apartments within 3,228 square feet: two two-bedroom units and one one-bedroom unit. All units are currently rented. Interior finishes include wood, tile, carpet, and vinyl flooring, with central air conditioning. The building was constructed in 1915 and is being sold as-is.

Set on a 0.2-acre corner lot at 306 N Jefferson Avenue in Fowler, the property includes a yard and patio area. A detached garage with an attached lean-to provides additional storage space. The roof materials include asphalt and metal.

Key Highlights

  • 3,228‑square‑foot two‑story triplex built in 1915
  • Two 2‑bedroom apartments and one 1‑bedroom apartment
  • All 3 apartments are currently rented

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Parts Store Pharmacy Real Estate Agency Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 47944, IN

3,561
Population
1,597
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
19
Density / Sq Mi
$53,563
Median Household Income
$41,106
Median Earnings
$883
Median Rent
$129,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three leased apartments include a mix of two- and one-bedroom layouts, plus outdoor amenities and storage.
Where is this triplex located?
The property is located at 306 N Jefferson Avenue Fowler, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 3,228‑square‑foot two‑story triplex built in 1915; Two 2‑bedroom apartments and one 1‑bedroom apartment; All 3 apartments are currently rented
More about this property
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