Updated Duplex with In-Unit
334 W 9th Street Auburn, IN 46706
For Sale
$229,900
Pending
MULTI_FAMILY - Auburn, IN
Property Size1,846 SF
Lot Size0.18 Acres
Days on Market50
Property Features for 334 W 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
- Parking
- 2
- Standard status
- Pending
- APN
- 17-06-32-101-035.000-025
- Size
- 1,846 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Ashley's 2nd Addition E 41'
- Tax Annual Amount
- 1100
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Carpet, Vinyl, Wood
- Architectural style
- Other
Listing Agency:
Perfect Location Realty
(260) 450-3345
Listed By:
Zack Wilson
(260) 450-3345
Added: Jun 5
Changed: Jul 7
Last Checked: Jul 24 at 6:06AM
MLS# 202621970
Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. 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 well-maintained duplex offers two separate living units with updated interiors. The main-level unit features refinished hardwood floors, soaring ceilings, and architectural character. Both units have remodeled bathrooms with tile surrounds and updated vanities and faucets, and each unit includes in-unit washers and dryers. Recent improvements include fairly newer windows and roof, with each unit having its own furnace. The main-level unit also has central air.
The property is located at 334 W 9th Street in Auburn, Indiana. It is described as a short walk from Auburn Steakhouse and 9th Street Brew Coffee House, with access to I-69, shopping, and dining said to be minutes away.
Exterior amenities include an oversized one-car garage that provides additional storage and space for hobbies or a workshop.
The property is located at 334 W 9th Street in Auburn, Indiana. It is described as a short walk from Auburn Steakhouse and 9th Street Brew Coffee House, with access to I-69, shopping, and dining said to be minutes away.
Exterior amenities include an oversized one-car garage that provides additional storage and space for hobbies or a workshop.
Key Highlights
- Duplex with 2 units; main level is rented at $1,525/mo and the upstairs unit is vacant
- Remodeled bathrooms in both units with tile surrounds, updated vanities, modern faucets, and in‑unit washers and dryers
- Main‑level unit features refinished hardwood floors and soaring ceilings
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $13.20 |
| − Vacancy | −$1.3k | −$0.70 |
| EGI | $23.1k | $12.50 |
| − OpEx | −$6.9k | −$3.75 |
| NOI | $16.1k | $8.75 |
1,846 SF · lease $13.20/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.7K
$201.9K – $269.2K
NOI $16,150 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,952 @ 7.0% cap · market cap 6.50%
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.77M
NOI $105,995 @ 7.0% cap · market cap 46.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with remodeled bathrooms and in-unit washer/dryer in each unit, plus a one-car garage.
Where is this duplex located?
The property is located at 334 W 9th Street Auburn, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Duplex with 2 units; main level is rented at $1,525/mo and the upstairs unit is vacant; Remodeled bathrooms in both units with tile surrounds, updated vanities, modern faucets, and in‑unit washers and dryers; Main‑level unit features refinished hardwood floors and soaring ceilings
