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  • Mobile Phone - 502.298.5674

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Listing provided courtesy of Knobstone Properties LLC- MLS# 202609247MLS ProviderContact Information: 812-620-1966

406 S Posey StreetSalem, IN 47167

Multi-Family · 3 Beds · 2 Full Baths · 1,216 Sq. ft. | 0.17 Acres
$209,900 Active

406 S Posey Street Overview

Time on Site:
15 days
Visits:
0

Looking for a smart investment opportunity? Live in one unit and let the other help pay the mortgage! Built in 2022, this attractive duplex features one 2-bedroom unit and one 1-bedroom unit, offering flexibility for homeowners and investors alike. Each unit boasts an open-concept floor plan with spacious living areas that can accommodate a variety of furniture arrangements and lifestyles. Situated on a quiet dead-end street, you'll enjoy peaceful surroundings and minimal traffic both day and night. Additional features include extra paved parking, private storage sheds for each unit, and low-maintenance living in a desirable location. Whether you're seeking rental income, multi-generational living, or an addition to your investment portfolio, this property is ready to deliver.

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406 S Posey Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,216
  • Price/Sq.ft. $173
  • Lot 0.17 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 2022

Location/Region

  • County Or Parish: Washington
  • Postal City: Salem
  • Township: Washington

Tax Information

  • Tax Annual Amount: 3656.0

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 8824173305500022
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Zoning: Multi Family

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1216.0
  • Building Area Source: Assessor
  • Building Area Total: 1216.0

General Information

  • Appliances: Oven,Range,Refrigerator
  • Basement: false
  • Fireplace: false
  • Heating: Other
  • Interior Features: Eat-in Kitchen,Bath in Primary Bedroom,Main Level Primary,Open Floorplan,Utility Room
  • Laundry Features: Main Level,Other
  • Levels: One
  • Living Area: 1216.0
  • Rooms Total: 9
  • Stories: 1

Exterior

Parking Information

  • Other Parking: Off Street

Lot Information

  • Lot Features: Corner Lot,Dead End
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7405.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Connected,Public

Building Exterior/Construction

  • Architectural Style: One Story
  • Construction Materials: Vinyl Siding
  • Structure Type: Duplex

General Information

  • Exterior Features: Landscaping,Paved Driveway
  • Sewer: Public Sewer

Room Information

Room: Bedroom

  • Level: First
  • Description: Unit 102

Room: Full Bath

  • Level: First
  • Description: Unit 100

Room: Full Bath

  • Level: First
  • Description: Unit 102

Room: Kitchen

  • Level: First
  • Description: Unit 100

Room: Kitchen

  • Level: First
  • Description: Unit 102

Room: Living Room

  • Level: First
  • Description: Unit 102

Room: Living Room

  • Level: First
  • Description: Unit 100

Room: Primary Bedroom

  • Level: First
  • Description: Unit 100

Room: Primary Bedroom

  • Level: First
  • Description: Unit 102

406 S Posey Street Neighborhood

Community

47167 (SALEM) Demographics

40
Median Age
67
Population Density (per sq. mile)
21%
College Educated
$48,985
Estimated Median Income
4,323
Estimated Total Home Owners
1,370
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

406 S Posey Street Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

406 S Posey Street Market Data

Based on the last 30 days in this zip code

$279,274
Average List Price
$139
Average Price per Square Foot
10
Properties Sold
99
Average Days on Market
82
Properties for Sale
Calculations provided by Reliance Network

406 S Posey Street History

Date Event Value Agent
6/15/2026Source: Southern Indiana MLS Added to Database
June 15, 2026