About This Home

This 7-bedroom, 4-bathroom residential multi family at 17425 State Road 37 in Harlan, IN is listed for $315,000 ($78 per sqft). Built in 1900, the home offers 4,042 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1900
  • 0.20 acre lot
  • 2 stories
  • 10 parking spaces

Property Details

2 stories
4 full
10 spaces
1900
Listing Description

PRICE IMPROVEMENT! Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. All units are currently occupied, providing instant cash flow. 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.

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92

Estimates only. Actual payments may vary.

Location

17425 State Road 37

Harlan, IN 46743

Property Details

Flooring

Mixed

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 17425 State Road 37 is listed at $315,000 ($78/sqft). The estimated monthly payment is $1,685 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.20 acre lot, 2 stories, 10 parking spaces.

This property is listed by Lori DePew.

LD

Lori DePew

Agent at Open Door Rentals and Real Estate LLC

Listed by Open Door Rentals and Real Estate LLC · Broker phone: (260) 333-7368 · Broker website

MLS# 202609539· Source: Upstate Alliance of REALTORS® Multiple Listing Service, Inc.· 221 days on PropertySimple

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.

17425 State Road 37, Harlan, IN 46743

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