For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Apartments Title is generated by Realmo AI

    118 S Walnut Street, Ridgeville, IN 47380

    View on Map
    Claim this Listing
    New
    For Sale
    $110,000

    Mixed Use - Ridgeville, IN

    Type:Mixed Use
    Lot size:
    0.13 Acres
    Added:
    Jun 12, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 13 at 2:06 pm

    Property Features for 118 S Walnut Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Off Street
    Interior features
    Concrete, Drywall, Unfinished, Living Space, Basement, Office Space
    Exterior features
    Living Space, Basement, Office Space
    Standard status
    Active
    APN
    68-05-12-279-072.000-002
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    393

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Multi Units

    Building Details

    Year built
    1909
    Floors in Building
    2
    Flooring type
    Concrete, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jill Friend

    Listing agent Jill Friend License #RB23001467

    Listing office Tarter Realty Auction and Appraisal Company 123 W Franklin St, Winchester, IN

    Listing date Jun 12, 2026

    MLS# 202623035 Listing URL

    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.

    HighLights

    • Two newly renovated 2BR/1BA apartments rented for $550 and $600/mo, with laundry hookups
    • Each renovated apartment has new electric furnaces and leases are available
    • Main level includes a former retail space with a working restroom plus a 3BR/1.5BA apartment needing renovation
    • Upstairs provides 2,000+ SF of storage
    • Brick construction with metal roof, unfinished basement and office space
    • Off‑street parking; electric forced‑air heating with multi‑unit cooling

    Overview

    This mixed-use building includes two newly renovated 2BR/1BA apartments, each currently rented and each with laundry hookups and new electric furnaces. 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.

    Located at 118 S Walnut Street in Ridgeville, Indiana, the property sits in downtown Ridgeville. The listing notes that apartment leases are available, supporting continuity for tenants looking for established units.

    For investors or owner-operators, the combination of residential units and the former retail space allows for multiple operating options within one structure. The two renovated apartments provide a baseline of in-place rental income, while the main-level 3BR/1.5BA unit offers a renovation opportunity. The large upstairs storage area can also support tenants or future reuse, depending on how the building is operated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Department Store Grocery & Convenience Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeville
    County
    Randolph
    State
    Indiana
    Longitude
    -85.029403
    Latitude
    40.288458

    FAQs

    What type of property is this?
    Triplex - Building offers multiple income streams, including renovated apartments, a former retail space, and significant 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 newly renovated 2BR/1BA apartments rented for $550 and $600/mo, with laundry hookups; Each renovated apartment has new electric furnaces and leases are available; Main level includes a former retail space with a working restroom plus a 3BR/1.5BA apartment needing renovation
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message