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Listed by Kristopher Elliott • Booker Realty
$ 551,998
Est. payment | /mo
9,147 Sqft Lot
$ 551,998
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22052890
Year Built 1988
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Triplex
Property Description
This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.
Location
State IN
County Hamilton
Interior
Heating Electric, Baseboard
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Shingle
Building
Story One
Foundation Block
Architectural Style Ranch
Structure Type Vinyl Siding
New Construction false
Schools
School District Hamilton Heights School Corp
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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA