Multifamily Building with Retail
118 S Walnut Street Ridgeville, IN 47380
For Sale
$110,000
COMMERCIAL - Ridgeville, IN
Lot Size0.13 Acres
Days on Market47
Property Features for 118 S Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Standard status
Active
APN
68-05-12-279-072.000-002
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NEWTOWN LOT 9 BLK 3
Tax Annual Amount
393
Utilities
Cooling system
Multi Units
Building Details
Year built
1909
Flooring type
Laminate, Vinyl, Concrete
Roof type
Metal
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 595-8155
Listed By:
Jill Friend · License #RB23001467
(765) 546-8236
Added: Jun 12
Changed: Jul 8
Last Checked: Jul 28 at 4:06PM
MLS# 202623035
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 118 S Walnut Street in Ridgeville, Indiana, this income-producing multifamily building includes multiple apartment units and a former retail space. Two newly renovated 2BR/1BA apartments are currently rented and each offers laundry hookups and new electric furnaces, with leases available. The main level also features a former retail space with a working restroom, along with a 3BR/1.5BA apartment that is in need of renovation.
Upstairs provides 2,000+ square feet of storage space. The property combines existing residential income with additional usable space, while also offering a renovation opportunity for the remaining apartment portion.
Upstairs provides 2,000+ square feet of storage space. The property combines existing residential income with additional usable space, while also offering a renovation opportunity for the remaining apartment portion.
Key Highlights
- Two renovated 2BR/1BA apartments currently rented for $550 and $600 per month (leases available).
- Each 2BR/1BA unit has laundry hookups and new electric furnaces.
- Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment needing renovation.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Downtown Ridgeville triplex-style income building includes renovated 2BR units, a former retail space, and upstairs storage.
Where is this triplex located?
The property is located at 118 S Walnut Street Ridgeville, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two renovated 2BR/1BA apartments currently rented for $550 and $600 per month (leases available).; Each 2BR/1BA unit has laundry hookups and new electric furnaces.; Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment needing renovation.
