Updated Duplex with In-Unit
334 W 9th Street Auburn, IN 46706
For Sale
$229,900
Pending
MULTI_FAMILY - Auburn, IN
Property Size1,846 SF
Lot Size0.18 Acres
Days on Market56
Property Features for 334 W 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 3
Parking
2
Standard status
Pending
APN
17-06-32-101-035.000-025
Size
1,846 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Ashley's 2nd Addition E 41'
Tax Annual Amount
1100
Utilities
Cooling system
Central Air
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Wood, Vinyl, Tile, Carpet
Architectural style
Other
Listing Agency:
Perfect Location Realty
(260) 450-3345
Listed By:
Zack Wilson
(260) 450-3345
Added: Jun 5
Changed: Jul 28
Last Checked: Jul 30 at 11:06AM
MLS# 202621970
Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. 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 well-maintained duplex offers two separate living units with updated interiors. The main-level unit features refinished hardwood floors, soaring ceilings, and architectural character. Both units have remodeled bathrooms with tile surrounds and updated vanities and faucets, and each unit includes in-unit washers and dryers. Recent improvements include fairly newer windows and roof, with each unit having its own furnace. The main-level unit also has central air.
The property is located at 334 W 9th Street in Auburn, Indiana. It is described as a short walk from Auburn Steakhouse and 9th Street Brew Coffee House, with access to I-69, shopping, and dining said to be minutes away.
Exterior amenities include an oversized one-car garage that provides additional storage and space for hobbies or a workshop.
The property is located at 334 W 9th Street in Auburn, Indiana. It is described as a short walk from Auburn Steakhouse and 9th Street Brew Coffee House, with access to I-69, shopping, and dining said to be minutes away.
Exterior amenities include an oversized one-car garage that provides additional storage and space for hobbies or a workshop.
Key Highlights
- Duplex with 2 units; main level is rented at $1,525/mo and the upstairs unit is vacant
- Remodeled bathrooms in both units with tile surrounds, updated vanities, modern faucets, and in‑unit washers and dryers
- Main‑level unit features refinished hardwood floors and soaring ceilings
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $13.20 |
| − Vacancy | −$1.3k | −$0.70 |
| EGI | $23.1k | $12.50 |
| − OpEx | −$6.9k | −$3.75 |
| NOI | $16.1k | $8.75 |
1,846 SF · lease $13.20/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.7K
$201.9K – $269.2K
NOI $16,150 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,952 @ 7.0% cap · market cap 6.50%
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.77M
NOI $105,995 @ 7.0% cap · market cap 46.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with remodeled bathrooms and in-unit washer/dryer in each unit, plus a one-car garage.
Where is this duplex located?
The property is located at 334 W 9th Street Auburn, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Duplex with 2 units; main level is rented at $1,525/mo and the upstairs unit is vacant; Remodeled bathrooms in both units with tile surrounds, updated vanities, modern faucets, and in‑unit washers and dryers; Main‑level unit features refinished hardwood floors and soaring ceilings
