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Two-Unit Duplex with Storage Shed
For Sale
$150,000

205-207 Highland Drive, Charlestown, IN 47111

Income-producing duplex with month-to-month leases, updated plumbing, and separate storage serving one residence.

Property Size1,794 SF
Price / SF$83.61
Days on Market1769

Property Features for 205-207 Highland Drive

General Information

Standard status Active
Size 1,794 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $818

Amenities

3
Oven, Range
Residential

Building Details

Year Built 1942
Stories 1
Listing Agency: eXp Realty, LLC
Listed By: Sara Taylor-Hughes
Source: Xome
Added: Oct 27, 2021 Changed: Aug 30 Last Checked: Aug 30 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This two-unit duplex at 205-207 Highland Drive includes a three-bedroom, one-bath residence and a two-bedroom, one-bath residence. One bedroom in the larger unit is nonconforming. The property was built in 1942 and includes oven and range appliances, along with a storage shed assigned to Unit 205. Recent plumbing updates have been completed.

Both residences are occupied under month-to-month lease arrangements, providing an existing rental setup for a new owner. The property is being offered in its present as-is condition.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 2‑bedroom residences
  • Unit 205 includes 3 bedrooms and 1 bath; one bedroom is nonconforming
  • Unit 207 includes 2 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 47111, IN

16,972
Population
7,011
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
91%
High-School Grad
86.0 sq mi
ZIP Area
197
Density / Sq Mi
$93,418
Median Household Income
$51,170
Median Earnings
$906
Median Rent
$261,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Income-producing duplex with month-to-month leases, updated plumbing, and separate storage serving one residence.
Where is this duplex located?
The property is located at 205-207 Highland Drive Charlestown, 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: Two‑unit duplex with 3‑bedroom and 2‑bedroom residences; Unit 205 includes 3 bedrooms and 1 bath; one bedroom is nonconforming; Unit 207 includes 2 bedrooms and 1 bath
More about this property
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