8372 E Us Highway 36Avon, IN 46123
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Prime investment opportunity in the heart of Avon! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013| 3 Bedrooms | 2 Bathrooms | Dining Room | Large Family Room | 2 Spacious Lofts | Lower level that can be finished and used as an entertainment room/ flex space. Currently vacant-ideal for an owner-occupant, long-term rental, or even short-term rental opportunity. Unit 2: 748 sq ft, updated in 2023 | 1 Bedroom | 1 Bathroom & is currently rented at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5,000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Unit 2.
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
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Based on information submitted to the MLS GRID as of 2025-10-29 02:44 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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