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    102 S Main St Claypool, IN 46510

    For Sale
    $360,000

    Fourplex - Claypool, IN

    Property size:
    6,204 SF
    Lot size:
    0.14 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 102 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    6
    APN
    43-15-20-100-015.000-002
    EntryLevel
    Upper,Main
    Exterior features
    Basement, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    6,204 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Results (574) 269-6911 [email protected]

    Listing agent James Bausch (574) 269-6911 License #RB15000093

    Listing date Oct 21, 2025

    MLS# 202527751 Listing URL

    Copyright © 2025 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fourplex with Expansion Potential

    This multi-unit building presents an investment opportunity with recent updates. Configured as a four-unit property, it offers the potential to expand to six units. Unit 1 features two bedrooms and one bathroom, along with a bonus one-bedroom, one-bathroom in-law suite. Unit 2 includes two bedrooms and one bathroom, plus a bonus studio in-law suite. Unit 3 is a spacious three-bedroom, one-bathroom unit, while Unit 4 offers two bedrooms and one bathroom. The property has separate gas and electric utilities. City water and sewer services are in place. Newer mechanicals and gas water heaters contribute to efficiency and reliability. The property is situated on a 0.14-acre lot. Additional income-generating options include adding coin-operated laundry or self-storage. The building contains 6204 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Wholesale Shop Gym & Fitness Kitchen & Bath Food Market Grocery Store Bar & Pub Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Claypool
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.880625
    Latitude
    41.130133

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Claypool, Indiana, with potential for expansion.
    Where is this quadplex located?
    The property is located at 102 S Main St Claypool, IN.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Potential to expand from 4 units to 6 units, significantly increasing income potential.; - Each unit is generously sized and appealing to tenants.; - Separate gas and electric utilities for each unit, maximizing profits.
    (574) 269-6911
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 S Main St Claypool, IN 46510
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