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Duplex Income Property Opportunity

206 4th Street Aurora, IN 47001

206 4th Street, Aurora, IN, 47001
$179,900
For Sale
$179,900

MULTI_FAMILY - Other - Aurora, IN

Property Size2,304 SF
Lot Size0.09 Acres
Price / SF$78.08
Days on Market49

Property Features for 206 4th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bedroom 1
Parking features
On Street
Window features
Vinyl Frames, Wood Frames
Fireplace
1
Appliances
Oven/Range, Refrigerator
Standard status
Active
APN
15-07-32-103-129.000-003
Size
2,304 SF
Lot size
0.09 Acres

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
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
118 Walnut Street, Florence, IN
Listed by Jeff McGownd
Added: Jun 2 Checked: Jul 20 at 5:06 am
MLS# 207586 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.


Investment Insights

Based on property information with market context.

This duplex offers two mirrored residential units, each featuring 2 bedrooms and 1 full bath. The property is configured as a side-by-side rental setup, with both units currently leased on a month-to-month basis. That structure can provide flexibility for an owner’s near-term plans, whether the goal is to continue collecting rent while retaining options for future occupants.

Located in downtown Aurora, Indiana, the home is described as within walking distance to local shops, dining, and amenities. The property sits on a relatively small lot, supporting a compact, manageable investment footprint. With a listed total size of 2,304 square feet, it is sized to serve as an accessible rental option for investors and owner-occupants alike.

For buyers seeking rental income, the current occupancy and month-to-month terms can simplify transition planning and reduce downtime risk. For an owner-occupant, the layout can also support living on one side while offsetting housing costs with income from the other unit. Either way, it’s positioned as a practical multifamily opportunity in a convenient, downtown setting.

Key Highlights

  • Duplex built in 1890 with vinyl siding and a shingle roof
  • Each unit offers 2 bedrooms and 1 full bathroom
  • Both units are currently rented on a month‑to‑month basis

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Dental Office Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully rented units with independent living setups make this duplex a straightforward downtown income play.
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: Duplex built in 1890 with vinyl siding and a shingle roof; Each unit offers 2 bedrooms and 1 full bathroom; Both units are currently rented on a month‑to‑month basis
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More about this property
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