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Two-Story Triplex with Garage

306 N Jefferson Ave, Fowler, IN 47944

For Sale
$150,000

Fully occupied three-unit property with a corner-lot yard, patio area, and detached storage space.

Property Size3,228 SF
Price / SF$46.47
Days on Market93

Property Features for 306 N Jefferson Ave

General Information

Standard status Active
Size 3,228 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Amenities

yard
patio
detached garage

Building Details

Year Built 1915
Stories 2
Listing Agency: Burton Farm And Home Realty, LLC.
Listed By: Marci Burton · License IN RB14039748
Source: Callcriswell
Added: Aug 10 Changed: Oct 26 Last Checked: Oct 7 at 5:22PM

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 Burton Farm And Home Realty, LLC.

Rey
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Investment Insights

Based on property information with market context.

Located at 306 N Jefferson Ave in Fowler, IN, this 3,228-square-foot, two-story triplex contains two two-bedroom apartments and one one-bedroom apartment. Each unit is currently rented, and the property is being sold as is.

The property occupies a corner lot with a spacious yard and patio area. A detached garage with an attached lean-to provides additional storage and utility space, complementing the residential improvements.

Key Highlights

  • 3,228‑square‑foot, two‑story triplex
  • Unit mix includes two 2‑bedroom apartments and one 1‑bedroom apartment
  • All three apartments are currently rented

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 47944, IN

3,561
Population
1,597
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
19
Density / Sq Mi
$53,563
Median Household Income
$41,106
Median Earnings
$883
Median Rent
$129,900
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?
Triplex - Fully occupied three-unit property with a corner-lot yard, patio area, and detached storage space.
Where is this triplex located?
The property is located at 306 N Jefferson Ave Fowler, 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: 3,228‑square‑foot, two‑story triplex; Unit mix includes two 2‑bedroom apartments and one 1‑bedroom apartment; All three apartments are currently rented
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