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Duplex with Separate Utilities
For Sale
$349,900

7018 Sherman Dr, Aurora, IN 47001

Two-bedroom units feature private decks, one-car garages, fireplaces, and individual utility systems.

Property Size2,208 SF
Price / SF$158.47
Days on Market23

Property Features for 7018 Sherman Dr

General Information

Standard status Active
Size 2,208 SF
Property subtype Residential Income
Listing Agency: Empire Real Estate Partners
Listed By: Shanna Gentry · License #RB14035775
Source: Exprealty
Added: Jul 28 Changed: Aug 17 Last Checked: Aug 19 at 11:34AM

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 Empire Real Estate Partners

Investment Insights

Based on property information with market context.

This 2,208-square-foot duplex contains two separately serviced units, each with 2 bedrooms, 1.5 bathrooms, a living room with a wood-burning fireplace, kitchen, dining area, private deck, laundry room, one-car garage, and unfinished basement with a bathroom rough-in. The layout supports separate occupancy, with one residence leased month-to-month and the other vacant. The vacant unit has received a full remodel, including cabinets, countertops, appliances, fixtures, flooring, paint, vanities, faucets, and toilets. The occupied unit was remodeled a few years ago.

The property is positioned in a predominantly single-family neighborhood and is the only duplex on the street. Town, shopping, dining, and everyday amenities are located nearby. The vacant residence is available for immediate occupancy or leasing, while the existing month-to-month tenancy provides current use of the second unit.

Key Highlights

  • Two‑unit duplex totaling 2,208 square feet
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Separate utilities for each residence

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Department Store

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

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 47001, IN

10,208
Population
4,529
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$72,560
Median Household Income
$42,146
Median Earnings
$848
Median Rent
$190,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-bedroom units feature private decks, one-car garages, fireplaces, and individual utility systems.
Where is this duplex located?
The property is located at 7018 Sherman Dr Aurora, IN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,208 square feet; Each unit includes 2 bedrooms and 1.5 bathrooms; Separate utilities for each residence
More about this property
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