Well-Maintained Triplex in Aurora,
580 Indiana Avenue, Aurora, IN 47001
New
MULTI_FAMILY - Cape Cod - Aurora, IN
Property size:
2,607 SFLot size:
0.20 AcresPrice / SF:
$99/SF- Added:
- May 28, 2026
- Days on Market:
- 4
- Last Refresh:
- May 31 at 4:06 pm
Property Features for 580 Indiana Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bathroom 2
- Parking
- 6
- Parking features
- Off Street
- Window features
- Vinyl Frames
- Fireplace
- 1
- Appliances
- Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 151206201014000003
- Size
- 2,607 SF
- Lot size
- 0.20 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Vinyl Siding
- Roof type
- Shingle, Built-Up
- Architectural style
- Cape Cod
Listing agent Kristy Theobald (812) 584-6880
Listing office Lohmiller Real Estate 523 W Eads Parkway, Lawrenceburg, IN (812) 537-1023
Listing date May 28, 2026
MLS# 207542
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
- Strong rental history with long‑term tenants and a potential gross annual income of $31,080.
- Recent capital improvements including a new roof, gutters, windows, high‑efficiency furnaces, and central air units.
- One vacant 2‑bedroom/1‑bath unit provides immediate opportunity for increased income.
- Two units are secured by leases through September and October 2026.
- Tenants pay utilities, reducing landlord expenses.
- Unit 1 has been completely gutted and updated with new electric, plumbing, and gas lines.
Overview
This well-maintained triplex is located at 580 Indiana Ave, Aurora, IN. It presents an investor opportunity with a strong rental history and long-term tenants. The property features modern updates throughout. The triplex includes one 2-bedroom, 1-bath unit that is currently vacant. The other two units are 1-bedroom, 1-bath units secured by leases through September and October 2026. The potential gross monthly income is $2590, or $31,080 annually. Tenants are responsible for utilities, while the landlord covers water and trash, which costs approximately $100 per month. Capital improvements include a new roof, gutters, new windows, three high-efficiency gas furnaces, two new central air units, and a new 3-zone heat and AC split system. Unit 1 has been completely gutted and updated. The basement has undergone extensive foundation repairs, including a new I-beam, a replaced basement entry wall, and all-new electric, plumbing, and gas lines. The property size is 2607 square feet and the lot size is 0.2 acres. The property is intended for residential income purposes.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Dearborn
- State
- Indiana
- Longitude
- -84.92345
- Latitude
- 39.045184
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property with stable rental income and long-term tenants.
Where is this triplex located?
The property is located at 580 Indiana Avenue Aurora, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Strong rental history with long‑term tenants and a potential gross annual income of $31,080.; Recent capital improvements including a new roof, gutters, windows, high‑efficiency furnaces, and central air units.; **One vacant 2‑bedroom/1‑bath unit provides immediate opportunity for increased income.**
