Great Investment Opportunity – Cash-Flowing Duplex Mobile Home Properties Here’s your chance to own a reliable, income-generating asset with two mobile homes on one parcel. Whether you’re looking for steady rental income or a flexible living situation, this property delivers both. Property Details: Unit 1 – 104 SW 3rd Street 1985 Liberty Mobile Home 14' x 50' 2 Bedroom / 1 Bathroom Unit 2 – 101 SW 3rd Street 1987 Champion Mobile Home 14' x 70' 2 Bedrooms / 1 Bathroom The 16x20 Utility Shed is shared between both tenants. Investment Highlights: Dual-income potential from both units Live in one, rent the other – reduce your living expenses while building equity Long-term cash flow from well-maintained homes Great for new or seasoned investors. Sellers have title to both mobile homes. This is an opportunity with multiple possibilities – continue as a full rental or live in one and rent the other.
Closed
$30,000
101 & 104 SW 3rd St, Loogootee, IN 47553
2beds
980sqft
Multi Family
Built in 1987
-- sqft lot
$30,300 Zestimate®
$--/sqft
$895 Estimated rent
Home value
$30,300
Estimated sales range
Not available
$895/mo
Zestimate® history
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$140/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 19, 2025 at 08:02am
Listed by:
Arlet D Jackle Cell:812-827-9696,
RE/MAX Local
Bought with:
Jamie K Chapman, RB14047279
MIDWEST REALTY
Source: IRMLS,MLS#: 202534452
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Multiple Heating Systems
Cooling
- Central Air, Wall Unit(s), Window Unit(s), Multi Units
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Laminate, Other
- Basement: None
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
- Finished area above ground: 980
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street Parking, Dirt
- Garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: ADA Features
Features
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 10,497 sqft
- Features: Other, 0-2.9999, Rural Subdivision
Details
- Additional structures: None
- Parcel number: 510824300223.000008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Metal Siding, Other
- Roof: Metal
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Loogootee
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 9960
Other
Other facts
- Listing terms: Cash
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $30,000-25% |
Source:  IRMLS #202534452 Report a problem | ||
| 10/8/2025 | Pending sale | $40,000 |
Source: IRMLS #202534452 Report a problem | ||
| 9/2/2025 | Listed for sale | $40,000 |
Source: IRMLS #202534452 Report a problem | ||
| 8/29/2025 | Pending sale | $40,000 |
Source: IRMLS #202534452 Report a problem | ||
| 8/28/2025 | Listed for sale | $40,000 |
Source: IRMLS #202534452 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $350 +3.6% | $18,000 +4.7% |
| 2023 | $338 +3% | $17,200 +3% |
| 2022 | $328 +4.2% | $16,700 +6.4% |
Find assessor info on the county website
Neighborhood: 47553
Nearby schools
GreatSchools rating
- 7/10Loogootee Elementary SchoolGrades: K-4Distance: 0.3 mi
- 5/10Loogootee Middle SchoolGrades: 5-8Distance: 0.4 mi
- 9/10Loogootee Jr/Sr High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Loogootee
- Middle: Loogootee
- High: Loogootee
- District: Loogootee Community S.D.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Indiana
- Martin County
- Loogootee
- 47553
- 101 & 104 SW 3rd St