# 17425 State Road 37, Harlan, IN 46743

> **TL;DR:** 7bd/4ba residential multi family, $325,000 ($80/sqft), 4,042 sqft.
> Basement. Est. $1,408/mo. Listed 70 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $80 |
| Bedrooms | 7 |
| Bathrooms | 4 full |
| Square Feet | 4,042 |
| Lot Size | 8,568 sqft (0.20 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 70 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Nearby Schools

- **Elementary:** Woodlan
- **Middle:** Woodlan
- **High:** Woodlan

## Key Amenities

- Basement

## Property Highlights

- 0.20 acre lot
- 2 stories

## Description

### Agent Description
Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. Two units are currently occupied, providing instant cash flow, while two vacant units allow a new owner to set market rents and increase returns. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.

## Location

- **Address:** 17425 State Road 37, Harlan, IN 46743
- **County:** Allen County
- **Neighborhood:** None
- **Coordinates:** 41.196197, -84.920129
- **Google Maps:** https://www.google.com/maps?q=41.196197,-84.920129

## Listing Agent

- **Name:** Lori DePew
- **Brokerage:** Open Door Rentals and Real Est
- **Phone:** 2604385308
- **Email:** lori@opendoorrandr.com

## Primary Photo

![17425 State Road 37 - Primary Photo](http://lh.rdcpix.com/e76715b7b45aa359b80e3b5ec02d86f9l-f3747881979r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/17425-state-road-37-harlan-in-46743-02609539)*

---

**MLS#:** 202609539 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/17425-state-road-37-harlan-in-46743-02609539)

---

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