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Two-Unit Duplex Property
For Sale
$150,000

614 E 16th Street, Jasper, IN 47546

Multifamily property with two residential units, on-site parking, and one unit offered as-is during remodeling.

Property Size1,682 SF
Price / SF$89.18
Days on Market19

Property Features for 614 E 16th Street

General Information

Standard status Active
Size 1,682 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1974
Listing Agency: Dan Rarey, Dan Rarey Real Estate
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Aug 12 Changed: Aug 30 Last Checked: Aug 26 at 12:33PM

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 Dan Rarey, Dan Rarey Real Estate

Investment Insights

Based on property information with market context.

This 1,682-square-foot duplex, built in 1974, contains two separate 2-bedroom, 1-bathroom residential units. One unit was undergoing remodeling and is being conveyed as-is, while both units may be inspected after a purchase agreement is signed.

The property includes ample parking and is located near a city park. Its two-unit layout provides a compact multifamily configuration for an owner-occupant or rental property owner.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom residential units
  • 1,682 SF duplex built in 1974
  • One unit was being remodeled and is sold as‑is

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 47546, IN

22,445
Population
10,080
Households
2.2
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
121.6 sq mi
ZIP Area
185
Density / Sq Mi
$67,806
Median Household Income
$41,824
Median Earnings
$767
Median Rent
$232,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multifamily property with two residential units, on-site parking, and one unit offered as-is during remodeling.
Where is this duplex located?
The property is located at 614 E 16th Street Jasper, 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: Two 2‑bedroom, 1‑bathroom residential units; 1,682 SF duplex built in 1974; One unit was being remodeled and is sold as‑is
More about this property
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