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Courtesy of Home & Harvest Properties LLC, Dan Henning, [email protected]
10 Beds
5 Baths
4,748 sqft

$389,000

508 W Elnora Street, Odon IN, 47562

Price per sqft$81.93
Built in1946
Property size4,748 sqft
Property typeResidential

Overview

Active

Updated 13h ago

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!

$2,588/mo

Est. mortgage payment based on a $389,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202640005

Interior Features

Bedrooms
10
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$1,622
Tax Frequency
Annually
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Deb Paton-Showley Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 5:07 AM UTC, 10/10/2026

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