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Downtown Duplex Investment Property

206 4th Street Unit 208 Aurora, IN 47001

206 4th Street Unit 208, Aurora, IN, 47001
$179,900
For Sale
$179,900

Two side-by-side units offer flexible income potential with month-to-month tenancy.

Property Size2,304 SF
Price / SF$78.08
Days on Market82

Property Features for 206 4th Street Unit 208

General Information

Standard status
Active
Size
2,304 SF
Property subtype
Multi Family / Multi Fam 2-4 units

Building Details

Year Built
1890
Listing agency Keller Williams Realty Services
Listed by Jeff McGownd
Source Compass
Added: May 1 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 8:19AM

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 Keller Williams Realty Services


Investment Insights

Based on property information with market context.

This duplex includes two residential units, each offering 2 bedrooms and 1 full bath. The property is configured as a classic side-by-side rental setup designed for straightforward occupancy management, with both units operating under month-to-month tenancies.

The building is located in downtown Aurora, Indiana, within walking distance to local shops, dining, and other amenities. The central placement can support a tenant base seeking convenient access to everyday destinations.

From a buyer or owner-operator standpoint, the current month-to-month arrangement provides flexibility for future plans. The layout also allows for different use strategies, including maintaining both units as rentals or occupying one side while continuing to receive rental income from the other unit. This makes the property a practical option for those looking for a manageable multifamily holding in a downtown setting.

Key Highlights

  • Duplex with two side‑by‑side units, each offering 2 bedrooms and 1 full bath
  • Both units currently rented on a month‑to‑month basis
  • Downtown Aurora, Indiana location within walking distance to local shops, dining, and amenities

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 side-by-side units offer flexible income potential with month-to-month tenancy.
Where is this duplex located?
The property is located at 206 4th Street Unit 208 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 with two side‑by‑side units, each offering 2 bedrooms and 1 full bath; Both units currently rented on a month‑to‑month basis; Downtown Aurora, Indiana location within walking distance to local shops, dining, and amenities
Contact an agent
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