17425 State Road 37, Harlan, IN 46743

• 7 beds |
• 4 baths |
• 4,349 sqft

Property 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.

Listing Status:

Active

Date Added:

March 23, 2026

Data Last Updated:

May 22, 2026 at 12:59PM

Listing Office:

Open Door Rentals and Real Est : 260-333-7368

Listing Agent:

Lori DePew : 260-438-5308

MLS ID:

202609539

Interior

• Basement: Partial Basement
• Flooring: Mixed
• A/C: None
• Heating: Forced Air

Exterior

• General: Vinyl
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 10

Location

• School District: East Allen County

Lot

• Zoning: Harlan lot 12 Ex N 25 of E 10Ft02-04-28-353-016.000-062