580 Indiana Avenue Aurora, IN 47001
0.2
Acres
$259,900
MLS# 207542
0
0.2 AC
More About 580 Indiana Avenue
Investor opportunity! 3 Unit Property located at 580 Indiana Ave, Aurora, In. This well maintained triplex offers stable rental income, strong rental history with long term tenants and all modern updates make this an excellent addition to any investor's portfolio. One 2 bedroom/1 bath unit is currently vacant. Two 1 bedroom/1 bath units are secured by leases through September and October 2026. Potential gross monthly income $2590 monthly or $31,080 annually. Tenants pay utilities, the landlord pays water and trash (approx $100 mo). Capital improvements include new roof, gutters, new windows, 3 high efficiency gas furnaces, 2 new central air units and new 3 zone heat and AC split system. Unit 1 has been completely gutted and updated. The basement has extensive foundation repairs including new I-beam, replaced basement entry wall and all new electric , plumbing and gas lines. For a list of all capital improvements, see attached documents. Cash or Conventional Only.
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Information Refreshed: 7/10/2026 3:02 AM
Property Details
MLS#:
207542Type:
Multi FamilyCounty:
DearbornAge:
86Construction:
Vinyl SidingCooling:
Central Air, Ceiling FansHeating:
GasS/A Taxes:
1242School District:
South Dearborn Community School Corp
This listing courtesy of Kristy Theobald (812) 290-4329 , Lohmiller Real Estate (812) 537-1023
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the Southeastern Indiana MLS (SEIMLS).Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2026 Southeastern Indiana MLS (SEIMLS). Information deemed reliable, but not guaranteed.




