Triplex with Patio
For Sale
$150,000
306 N Jefferson Avenue, Fowler, IN 47944
MULTI_FAMILY - Fowler, IN
Property Size3,228 SF
Lot Size0.20 Acres
Price / SF$46.47
Days on Market9
Property Features for 306 N Jefferson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1, Basement
Parking
3
Lot features
City/ Town/ Suburb, Corner, 0-2.9999
Elementary school
Prairie Crossing
Middle school
Benton Central
High school
Benton Central
Elementary school district
Benton Community
Middle school district
Benton Community
High school district
Benton Community
Directions
From Lafayette: US Hwy 52 W to Fowler. Turn right onto Monroe Ave., turn right on 3rd St., turn left on Jefferson Ave. Home on left at corner of Jefferson Ave. and 2nd St.
Subdivision
Benton County
Standard status
Active
APN
04-08-16-111-030.000-004
Size
3,228 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OP LOT 119 N1/2 & OP LOT 120 N1/2 66X66 EA
Tax Annual Amount
3000
Legal Description
OP LOT 119 N1/2 & OP LOT 120 N1/2 66X66 EA
Utilities
Cooling system
Central Air
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Flooring type
Wood, Carpet, Tile, Vinyl
Roof type
Asphalt, Metal
Architectural style
Other
Listing Agency:
Burton Farm And Home Realty, LLC.
(219) 297-3000
Listed By:
Marci Burton · License #RB14039748
(765) 404-7048
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 4 at 6:06AM
MLS# 202630819
Copyright © 2026 Lafayette Regional Association 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 two-story triplex on a corner lot offers three apartments totaling 3,228 square feet. The unit mix includes two 2-bedroom apartments and one 1-bedroom apartment, and all units are currently rented. Interior finishes include carpet, vinyl, wood, and tile, and the property has central air cooling.
Set on a 0.2-acre lot, the home includes outdoor space with a patio area for tenant use. A detached garage with an attached lean-to provides additional storage.
Built in 1915, the property is being sold as-is at 306 N Jefferson Avenue in Fowler, Indiana 47944.
Set on a 0.2-acre lot, the home includes outdoor space with a patio area for tenant use. A detached garage with an attached lean-to provides additional storage.
Built in 1915, the property is being sold as-is at 306 N Jefferson Avenue in Fowler, Indiana 47944.
Key Highlights
- Currently rented triplex with three apartments (two 2‑bedroom units and one 1‑bedroom unit)
- 0.2‑acre corner lot with outdoor space and tenant patio area
- Total building size: 3,228 SF
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two-story triplex with a patio area, currently rented, featuring two 2-bedroom units and one 1-bedroom unit.
Where is this triplex located?
The property is located at 306 N Jefferson Avenue 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: Currently rented triplex with three apartments (two 2‑bedroom units and one 1‑bedroom unit); 0.2‑acre corner lot with outdoor space and tenant patio area; Total building size: 3,228 SF
