$325,000
17425 State Road 37
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.
Near intersection of State Road 37 and Antwerp Road
Map to 17425 State Road 37, Harlan, IN 46743
MLS #
202609539
Date Listed
2026-03-23
Status
Active
Property Type
Investment
Property SubType
Fourplex
Finished Square Feet
4042 sqft
Total Square Feet
4349 sqft
New Construction
No
Style
Two Story
Type
Fourplex
Basement
Yes
Bedrooms
7
Bathrooms
4
Annual Taxes
$3,325.00
Year Taxes Payable
2025
Year Built
1900
Virtual Tour
propertypanorama.com »
Days on Market
31
Room Dimensions
Living Room
3 × 0
Level
Family Room
795 × 795
Level
Kitchen
750 ×
Level
4th Bedroom
4 × 1
Level
5th Bedroom
4 × 4
Level
Bathroom Locations
Full Baths
7 Main
External Features
Construction
Fourplex
Lot Size
8,568 sq ft
Acreage
0.20 Acres
Lot Dimensions
57x150
Fence
None
Location
Area
Allen County
County
Allen
Subdivision
None
Township
Springfield
City
Harlan
State
IN
Zip
46743
Schools
School District
East Allen County
Elementary
Woodlan
Middle School
Woodlan
High School
Woodlan
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202609539 |
|---|---|
| Date Listed | 2026-03-23 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Fourplex |
| Finished Square Feet | 4042 sqft |
| Total Square Feet | 4349 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Fourplex |
| Basement | Yes |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Annual Taxes | $3,325.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1900 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 31 |
| Living Room | 3 × 0 | Level |
| Family Room | 795 × 795 | Level |
| Kitchen | 750 × | Level |
| 4th Bedroom | 4 × 1 | Level |
| 5th Bedroom | 4 × 4 | Level |
| Full Baths | 7 Main |
| Construction | Fourplex |
|---|---|
| Lot Size | 8,568 sq ft |
| Acreage | 0.20 Acres |
| Lot Dimensions | 57x150 |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| Township | Springfield |
| City | Harlan |
| State | IN |
| Zip | 46743 |
| School District | East Allen County |
|---|---|
| Elementary | Woodlan |
| Middle School | Woodlan |
| High School | Woodlan |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202609539
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Lori DePew
Open Door Rentals and Real Est
Listing updated April 22, 2026 at 2:45 pm
Last checked 23 minutes ago
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