$209,900
 $1,192 est/mo Sourced by Back At You

406 S Posey Street,Salem, IN 47167

Salem, IN 47167

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Description

Looking for a smart investment opportunity? Live in one unit and let the other help pay the mortgage! Built in 2022, this attractive duplex features one 2-bedroom unit and one 1-bedroom unit, offering flexibility for homeowners and investors alike. Each unit boasts an open-concept floor plan with spacious living areas that can accommodate a variety of furniture arrangements and lifestyles. Situated on a quiet dead-end street, you'll enjoy peaceful surroundings and minimal traffic both day and night .Unit 100 1 bdrm rents for $695 Unit 102 2 bdrm Rents for $795 Additional features include extra paved parking, private storage sheds for each unit, and low-maintenance living in a desirable location. Whether you're seeking rental income, multi-generational living, or an addition to your investment portfolio, this property is ready to deliver.

Details

MLS #202609247
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year2022
Days On Site136
Listing Provided ByKnobstone Properties LLC | Evan Hunt

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,216
Story(s)1
ZoningMulti Family
Acreage0.17

Exterior

Lot FeaturesCorner Lot, Dead End

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3656

Area Information

StateIN
CountyWashington
CitySalem
Zip Code47167
Listing VS Median (in 47167)
Price:
$209,900
low | high
Med:
$229,900
40.471653168175% of Average
sqft:
1,216
low | high
Med:
1,560
21.710526315789% of Average
$ / sqft:
$173
low | high
Med:
$147
64.624057854167% of Average
On site:
136
low | high
Med:
104
100% of Average
Sourced by Back At You

Market Activity 47167

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Learn More About This Property

StateIN
CountyWashington
CitySalem
Zip Code47167
Listing VS Median (in 47167)
Price:
$209,900
low | high
Med:
$229,900
40.471653168175% of Average
sqft:
1,216
low | high
Med:
1,560
21.710526315789% of Average
$ / sqft:
$173
low | high
Med:
$147
64.624057854167% of Average
On site:
136
low | high
Med:
104
100% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 3:30:24 PM PDT