Listing courtesy of Burton Farm And Home Realty, LLC. · Listing agent: Marci Burton
Under contractTriplex
306 N Jefferson Avenue
$150,000
$46.47 / sq ft
Fowler, IN 47944
- Basement
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 3,228 sq ft
- Lot
- 0.2 ac
- Year built
- 1915
- Type
- Triplex
- Listed
- July 30, 2026
- MLS #
- 202630819
About this home
Excellent investment opportunity! This two-story triplex sits on a desirable corner lot with a spacious yard, offering tenants plenty of outdoor space to enjoy. The property includes two 2-bedroom apartments and one 1-bedroom apartment, all currently rented, providing immediate income from day one. Tenants will appreciate the patio area to enjoy entertaining. Property includes a detached garage with attached lean-to for additional storage. Whether you are looking to expand your investment portfolio or purchase your first income-producing property, this fully occupied triplex is a solid opportunity. Selling As Is.
Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,828 sq ft
- Finished area above grade
- 3,228 sq ft
- Unfinished area below grade
- 600 sq ft
- Below grade total
- 600 sq ft
- Bedrooms above grade
- 5
- Basement
- Crawl Space, Partial, Unfinished, Walk-Up Access
- Flooring
- Carpet, Vinyl, Wood
- Heating
- Forced Air, Wall Heater
- Cooling
- Central Air, Window Unit(s)
- Amenities
- Ceiling Fan, Countertops-Solid Surf, Patio Open, Water Heater Gas, Washer Hook-Up
Exterior & parking
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Asphalt, Metal
- Parking
- On Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot, 0-2.9999
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 66' x 132'
- Location type
- City/Town/Suburb
- County
- Benton County
- Township
- Center
- Platted
- Yes
- Planned unit development
- No
- 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.
Schools
- Elementary school
- Prairie Crossing
- Middle school
- Benton Central
- High school
- Benton Central
- School district
- Benton Community
Taxes & terms
- Annual taxes
- $4,916
- Tax year
- 2025
- Listing terms
- Cash, Conventional
- Possession
- Time of closing
- Parcel number
- 04-08-16-111-030.000-004
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- NIPSCO
- Gas provider
- NIPSCO
Income & commercial
- Units
- 3
- Annual gross rent
- $37,200
- Net operating income
- $16,764
- Parking spaces
- 3
- Pets allowed
- No
- Tenant pays
- Cable TV
- Insurance (annual)
- $3,000
- Water & sewer (annual)
- $4,320
- Electric (annual)
- $3,600
- Fuel (annual)
- $3,600
- Maintenance (annual)
- $1,000
Location
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