508 W Elnora St, Odon, IN 47562

$389,000
10
BD
5
BA
4,748
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Dan Henning from Home & Harvest Properties LLC. dan@homeandharvestproperties.com

List Price
$389,000
Status
ACTIVE
MLS#
202640005
Year Built
1946
Days On Market
Unknown
Bedrooms
10
Bathrooms
5
Half-baths
1
Living Area
4,748
Township
Madison

Property Description

Start showing date: October 3, 2026. Attention house hackers and investors - this is your time to shine! This well-built, all-Brick Fourplex is priced to offer the ultimate blueprint for financial freedom. Take advantage of owner-occupied residential financing to move into one unit and let the other three tenants cover expenses, allowing you to virtually live for free while building long-term equity. Prefer a pure investment play? Keep all four units tenanted and a low maintenance asset that builds wealth for you. Property Highlights: Low-Maintenance Construction: Durable, classic all-brick exterior delivers timeless curb appeal and minimal exterior upkeep for years to come. Smart Layout: Four generously sized, well-proportioned units designed for high tenant retention and steady rental demand. Paved Parking & Easy Access: Features dedicated off-street parking, covered carport space, and wide corner-lot accessibility. Financial Flexibility: Qualifies for attractive owner-occupied financing programs or standard commercial/investment loans. Whether you're looking to jumpstart your real estate portfolio by living expense-free or expanding an existing footprint with a high-yield asset, this brick multi-family property delivers unmatched value. Properties with this combination of solid construction, corner visibility, and cash-flow power don't last long at this price. 10 bedrooms and 4.5 bathrooms, thousands and over 4,000sf finished living space!

Additional Information

Acres
0.30
Taxes
$1,622
Lot Features
Level
Water
Public
Heating
Natural Gas
Cooling
Central Air
Flooring
Carpet, Concrete, Laminate, Vinyl
School District
North Daviess Community School Corp.
Elementary School
North Daviess
Middle School
North Daviess
High School
North Daviess
Agent Name
Dan Henning

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks