8372 E Us Highway 36 Avon, IN 46123

Single Family Detached MLS #: 21972501 Listed By CENTURY 21 Scheetz

$499,000

0.9 acres
Print property details Share
Estimated monthly payments: $2,181/mo.* (recalculate)

Property InformationDescription

Welcome to this fantastic investment opportunity in Avon, IN, located right on US Highway 36. This property offers a well-maintained duplex with great potential for cash flow and future development. Here is a detailed description of each unit: Unit 1A: - Layout: 2 beds, 2 baths, office, dining room, large family room, 2 lofts, basement - Size: 2,562 sqft - Remodeled in 2013 - Currently vacant and ready for owner occupancy or rental Unit 1B: - Layout: 1 bed, 1 bath - Size: 748 sqft - Updated in 2023 - Currently rented out at $825 per month - Lease expires in May of 2024 Additional Features: - Entire property zoned R-2 (residential or commercial) - 5,000 sqft asphalt parking lot - 4-car garage with attic area (previously leased out to a mechanic shop, Potential for alike lease in future) - Spacious grass area behind the property with potential for further development This property presents a unique opportunity for smart investors looking to generate significant cash flow in Avon. With a mix of residential and commercial zoning for the entire property, two well-maintained units, and additional space for potential expansion, this property is a valuable asset. Please do not disturb the tenants in Unit 1B. Don't miss out on this chance to invest in a prime location with promising returns

Features

  • Basement: Partial
  • Garage Count: 4 Car Garage
  • Lot Size: 0.9 Acres
  • Style: Other Style

MAP & DIRECTIONS

Get Directions
8372 E Us Highway 36, Avon, IN 46123
View Directions

School Information

8372 E Us Highway 36, Avon, IN 46123

Elementary School
Grades 5-6 | Public School
AVON INTERMEDIATE SCHOOL EAST
Avon, IN 46123
174 S Avon Ave
317.­544.5800
Distance: 1.5 mi
School Rating
C
Student:Teacher Ratio
17:1
Total Students
799
Elementary School
Grades KG-4 | Public School
MAPLE ELEMENTARY SCHOOL
Avon, IN 46123
7237 E US Highway 36
317.­544.6400
Distance: 1.0 mi
School Rating
A-
Student:Teacher Ratio
20:1
Total Students
409
Middle School
Grades 7-8 | Public School
AVON MIDDLE SCHOOL NORTH
Avon, IN 46123
1251 N Dan Jones Rd
317.­544.5500
Distance: 1.2 mi
School Rating
A
Student:Teacher Ratio
18:1
Total Students
823
High School
Grades 9-12 | Public School
AVON HIGH SCHOOL
Avon, IN 46123
7575 E County Road 150 S
317.­544.5000
Distance: 1.9 mi
School Rating
B
Student:Teacher Ratio
20:1
Total Students
3201
Other Nearby Schools Distance Type Grades School Rating
Kingsway Christian School 1.0 mi Private PK-8
White Oak Elementary School 1.1 mi Public PK-4
Pine Tree Elementary School 1.1 mi Public KG-4 B+
Sycamore Elementary School 1.1 mi Public KG-4 B+
Avon Middle School South 1.2 mi Public 7-8 A
Cedar Elementary School 1.5 mi Public KG-4 B-
Avon Intermediate School West 1.6 mi Public 5-6 B+
Hickory Elementary School 1.6 mi Public KG-4 B-
Bridgeport Elementary School 3.0 mi Public KG-6 C-
River Birch Elementary School 3.0 mi Public KG-4 B+
Chapel Glen Elementary School 3.2 mi Public KG-6 D+
Crosspointe Christian Academy 3.4 mi Private PK-12
Cardinal Elementary School 3.6 mi Public KG-5 A-
Delaware Trail Elementary School 3.7 mi Public KG-5 A
St Susanna School 3.8 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Avon, IN 46123

Median Age: 36.8
Married: 60%
Number of Households: 16,169
Households with Children: 43.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home