Ida Ludwig

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508 W Elnora Street
Odon, IN 47562

$389,000 - Status: Active
Beds: 10
Baths: 4 full 1 partial
SQFT: 4,748
MLS# 202640005

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!

Property Features

MLS#: 202640005
Zip: 47562
Subdivision:
Development: Madison
Property Type: Residential - Single Family
Basement: Yes
Basement: Full Basement, Finished
Cooling: Central Air
Days on Site: 38
Heating: Gas
Lot Size: 0.30 acres
Stories: 2.0
Taxes: $1,622
Year Built: 1946

Feature Descriptions

Above Grade Finished SQFT: 2374
Below Grade Finished SQFT: 2374
Exterior: Brick
Location: City/Town/Suburb
Lot Description: Level
Lot Dimensions: 120'x100' approx
Number of Rooms: 20
Sewer: Public
Total Finished SQFT: 4748
Water: Public

Room Sizes

Bedroom 1: 8x8 Level - Main
Bedroom 2: 8x8 Level - Main
Bedroom 3: 8x8 Level - Main
Bedroom 4: 8x8 Level - Main
Bedroom 5: 8x8 Level - Main

Local Schools

High School: North Daviess
Middle School: North Daviess
Elementary School: North Daviess
School District: North Daviess Community School Corp.

508 W Elnora Street | MLS# 202640005

This single family home located at 508 W Elnora Street, Odon, IN 47562 is currently listed for sale with an asking price of $389,000. This property was built in 1946 and has 10 bedrooms and 4 full and 1 partial baths with 4748 sq. ft. W Elnora Street is located within the North Daviess Community School Corp. school district. Search Odon real estate on iludwig.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Home & Harvest Properties LLC
Agency Contact: dan@homeandharvestproperties.com
Agent Name: Dan Henning

Shown By

Agent Name: Ida Ludwig
Agent Phone: (219) 608-1298
Agency Title: Coldwell Banker 1st Choice

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AGENT INFORMATION

Coldwell Banker 1st Choice Ida Ludwig (219) 608-1298

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