313 S 13th St, Vincennes, IN, 47591

About This Home

This meticulously maintained duplex in Vincennes offers immediate stability and strong ROI. Featuring two mirrored units (2 Bed / 1.5 Bath each), the property has been extensively upgraded to ensure a "hands-off" experience for the next owner. Key Financials & Updates: Monthly Gross Income: $1,800 ($800 current; $1,000–$1,200 projected for vacant side). Tenant-Paid Utilities: Individually metered for water, electricity, and trash—tenants handle all utility costs. Major CapEx Completed: New roof (2023), new outside condenser, furnace, and water heater (2019). Freshly Updated: Vacant unit features brand-new carpet (April 2026) and new toilets. Stabilized Side: Occupied by a reliable 10-year tenant with a new water heater installed in 2025. Property Highlights: Functional mirrored layout with private upstairs bedrooms and main-floor half-baths. Convenient washer/dryer hookups in both units. Excellent accessibility with alley access and parking both on-street and at the rear. Bonus: Sale includes a custom attorney-drafted lease ready for immediate use. Price: $165,000 for a quick, turnkey sale. Serious inquiries only.