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1451 Red Cedar Lane
Spencer IN 47460 US

$1

Active Listing ID 12028848
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4 bed
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1,755 square feet
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2.00 Bath (2 Full)
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Lot: 0.45 Acres
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Other

$1

Active Listing ID 12028848
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1451 Red Cedar Lane Property Description: Updated rural duplex with excellent cash flow & long-term tenants. Rare find in a desirable location! Enjoy the best of both worlds with this turnkey multi-family duplex set in a tranquil countryside neighborhood just short drives to town amenities. Property Highlights: -Dual Units: 2 Bedrooms / 1 Bathroom per side with functional, bright floor plans. -Recent Upgrades: Modernized interiors featuring updated flooring, fixtures, and cosmetic refreshes throughout. -Established Income: Fully occupied by reliable, longterm tenants who treat the property like their own. -Prime Location: Peaceful rural backdrop with quick, easy access to local dining, schools, and major routes. -Turnkey Investment: Strong rental history with stable monthly returns and low ongoing maintenance

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Property Features

  • Facts
  • Lot Size: 0.45 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Asphalt

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1
  • unparsedaddress: 1451 Red Cedar Lane
  • postalcity: Spencer
  • stateorprovince: IN
  • country: US
  • postalcode: 47460
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.45
  • lotsizeunits: Acres
  • lotsizearea: 0.45
  • livingarea: 1755
  • livingareaunits: Square Feet
  • latitude: 39.237254
  • longitude: -86.795179
  • listagentfullname: Steven Lankford
  • listagentemail: slankford@farmersnational.com
  • listagentkey: 3yd-NYSMLS-153787
  • listagentmlsid: 153787
  • listagentpreferredphone: 812-876-7612
  • listagentofficephone: 8128767612
  • listofficekey: 3yd-NYSMLS-17507
  • listofficemlsid: 17507
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1990
  • listingcontractdate: 2026-09-12
  • countyorparish: Owen
  • parcelnumber: 60-17-07-200-110.060-016
  • highschooldistrict: Spencer-Owen Community Schools
  • constructionmaterials: Vinyl Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway, Carport
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -86.79518, 39.237255
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Farmers National Company", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"slankford@farmersnational.com", "ListBrokerageCity":"SPENCER", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Farmers National Company", "ListBrokeragePhone":"812-876-7612", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"PO Box 612", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" PO Box 612", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"17507", "ListOfficeCity":"SPENCER", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"47460", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Spencer, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1451-Red-Cedar-Ln_Spencer_IN_47460_M34234-41567?f=listhub&s=NYSMLS&m=12028848&c=rexren", "MLSModificationTimestamp":"2026-10-18 13:35:52", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2446, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/21/2026 7:07:49 AM GMT
Source Updated Date: 10/24/2026 10:55:23 AM GMT

Courtesy of: Steven Lankford, Farmers National Company, slankford@farmersnational.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.