$551,998

220 S Walnut Street, Atlanta, IN 46031

  • Property Icon Triplex
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Listing Office:
Booker Realty : 317-902-2293
Listing Agent:
Kristopher Elliott : 317-902-2293
MLS ID:
22052890
  • Laundry: Connections All
  • A/C: Window Unit(s)
  • Heating: ElectricBaseboard
  • Style: Ranch
  • Parking: Gravel
  • Roofing: Shingle
  • General: OneBlock
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Hamilton Heights School Corp
  • County: Hamilton
  • Zoning: Acreage .21Section 1Township 20Range 4290201111008002010
  • Fencing: Partial
  • Source: mibor

This listing courtesy of Kristopher Elliott, Booker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Hamilton Heights Middle School

420 W North St - 609, Arcadia, IN, 46030

Grades 5-8

2.54 miles away

H

Hamilton Heights Middle School

420 W North St - 609, Arcadia, IN, 46030

Grades 5-8

2.54 miles away

H

Hamilton Heights High School

25802 State Road 19, Arcadia, IN, 46030

Grades 9-12

3.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.