202-204 Mill Gaston, IN 47342
Gaston NeighborhoodEstimated payment $1,224/month
Total Views
17,898
4
Beds
2
Baths
2,202
Sq Ft
$82
Price per Sq Ft
Highlights
- Covered Patio or Porch
- Walk-In Closet
- Forced Air Heating and Cooling System
- Double Pane Windows
- Luxury Vinyl Tile Flooring
- 5-minute walk to Manuel Lykins Park
About This Home
Prime Investment Opportunity in Gaston! This full-brick duplex, built in 2006, is one of the best investment properties in the area. Each side offers 1,101 sq ft with 2 bedrooms, 1 bath, interior laundry, a spacious living room, and an oak cabinet kitchen complete with appliances (refrigerator, dishwasher, range, microwave, and water softener). One unit is currently leased at $850/month, while the freshly remodeled vacant unit is ready to lease at $900/month. Tenants pay all utilities, and both units feature high-efficiency furnaces and owned water softeners—keeping operating costs low. Once fully rented, you should see around $21,000 a year in annual gross rent. The vacant unit has been recently updated with new flooring, fresh interior paint, a new gas stove, and a modernized bathroom. Outside, you’ll find plenty of street parking and the option to add a privacy fence on the south side for extra separation from neighboring businesses. This property has been meticulously maintained and is truly turn-key.
Listing Agent
Coldwell Banker Real Estate Group Brokerage Phone: 317-701-5006 Listed on: 08/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,178
Year Built
- Built in 2006
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 62x110
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2,202 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Fire and Smoke Detector
- Laminate Countertops
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Basement
- Sump Pump
- Crawl Space
Parking
- 2 Parking Spaces
- Gravel Driveway
- Paved Parking
- On-Street Parking
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Doors
- Energy-Efficient Thermostat
Schools
- Wes-Del Elementary And Middle School
- Wesdel High School
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Furnace
- Heating System Uses Gas
- Private Company Owned Well
- Gas Water Heater
- Water Softener is Owned
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- The owner pays for maintenance, tax
- Assessor Parcel Number 18-02-33-429-006.000-025
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- Maintenance Expense $500
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,178 | $158,400 | $8,100 | $150,300 |
| 2023 | $3,216 | $160,300 | $8,100 | $152,200 |
| 2022 | $3,778 | $188,400 | $8,100 | $180,300 |
| 2021 | $3,556 | $177,300 | $8,600 | $168,700 |
| 2020 | $2,810 | $140,000 | $8,600 | $131,400 |
| 2019 | $2,714 | $135,200 | $8,600 | $126,600 |
| 2018 | $2,232 | $111,100 | $8,600 | $102,500 |
| 2017 | $2,186 | $108,800 | $9,600 | $99,200 |
| 2016 | $2,208 | $109,900 | $9,600 | $100,300 |
| 2014 | $2,642 | $131,600 | $12,500 | $119,100 |
| 2013 | -- | $135,100 | $12,500 | $122,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $179,900 | -5.8% | $82 / Sq Ft |
| 08/14/2025 08/14/25 | For Sale | $190,900 | -- | $87 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
About the Listing Agent
Steve is a native of Muncie and a graduate of Indiana University with a BA in Economics. He earned his real estate license in 1995 and was a home builder/developer in Henry County. Steve is now a full-time residential realtor® in Muncie. His mother is Linda Needham, now retired in 2014 from 33 years at Coldwell Banker Lunsford. Steve earned the prestigious Coldwell Banker International President’s Premier award in 2015-2024, the highest award from Coldwell Banker, for his superior service to
Steve's Other Listings
Source: Indiana Regional MLS
MLS Number: 202532289
APN: 18-02-33-429-006.000-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 800 N County Rd
- 229 W Price St
- 0 N 675 Rd W Unit LotWP001 22974267
- 0 N 675 Rd W
- 15380 N 600 W
- 12200 N Co Road 500 W
- 17590 N 600 W
- 0 County Road 800 N Unit LotWP001
- 19000 N 700 Commons W
- 0 W 800 Rd N
- 8207 N County Road 450 W
- 0 N County Road 200 W Unit MBR22056577
- 8790 N County Road 925 W
- 6290 W Eaton-Wheeling Pike
- 4401 W Royerton Rd
- 13900 N County Road 100 W
- 4909 W Connie Dr
- 5600 BLK N Co Road 925 W
- 0 N Lakeshore Dr
- Lot 2 Sawmill Ct
- 4700 W Woods Edge Ln
- 4100 W Woods Edge Ln
- 4500 W Bethel Ave
- 3701 N Marleon Dr
- 4049 N Everett Rd
- 9901 Indiana 3 Unit 116
- 9901 Indiana 3 Unit 23
- 9901 Indiana 3 Unit 5
- 9901 Indiana 3 Unit 113
- 17156 In-3
- 9901 N State Road 3
- 9901 N State Road 3 Unit 21
- 9901 N State Road 3 Unit 104
- 9901 N State Road 3 Unit 100
- 9901 N State Road 3 Unit 98
- 9901 N State Road 3 Unit 96
- 9901 N State Road 3 Unit 50
- 2720 N Silvertree Ln
- 2821 N Everbrook Ln
- 3015 W Bethel Ave