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Two-Unit Duplex
For Sale
$179,900
Pending

206 4th Street, Aurora, IN 47001

Multi Family, Aurora, IN

Property Size2,304 SF
Lot Size0.09 Acres
Days on Market142

Property Features for 206 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Parking features On Street
Window features Vinyl Frames, Wood Frames
Fireplace 1
Appliances Oven/Range, Refrigerator
Elementary school Aurora Elementary
High school South Dearborn High
Elementary school district South Dearborn
Middle school district South Dearborn
High school district South Dearborn
Subdivision Center
Standard status Pending
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
Listing Agency: Keller Williams Realty Services
Listed By: Jeff McGownd
Added: Jun 2 Changed: Oct 20 Last Checked: Oct 21 at 10:06AM
MLS# 207586

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.

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Investment Insights

Based on property information with market context.

This 2,304-square-foot duplex includes two separate residences, each with 2 bedrooms and 1 full bath. Both units are occupied under month-to-month arrangements, providing an existing rental setup. Property features include vinyl siding, a shingle roof, forced-air natural gas heat, window-unit cooling, and a fireplace. Oven/range and refrigerator appliances are included.

Built in 1890, the property occupies a 0.09-acre lot at 206 4th Street in Aurora, Indiana. Residents have access to public water and public sewer, with on-street parking available. Its downtown setting places the duplex within walking distance of local shops, dining, and other amenities.

Key Highlights

  • 2,304 square feet with two separate residences
  • Each unit includes 2 bedrooms and 1 full bath
  • Both units are currently rented month to month

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 47001, IN

10,208
Population
4,529
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$72,560
Median Household Income
$42,146
Median Earnings
$848
Median Rent
$190,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased month to month and offer two bedrooms, a full bath, and access to local shops and dining.
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: 2,304 square feet with two separate residences; Each unit includes 2 bedrooms and 1 full bath; Both units are currently rented month to month
More about this property
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