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    Apartment Building with Renovated Units Title is generated by Realmo AI

    118 S Walnut Street, Ridgeville, IN 47380

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    New
    For Sale
    $110,000

    Apartment Building, Traditional - Ridgeville, IN

    Property size:
    6,142 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $17/SF
    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
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
    Parking features
    Off Street
    EntryLevel
    Upper,Main
    Exterior features
    Basement, Ceiling Fan, Countertops-laminate, Sump Pump, None
    Standard status
    Active
    APN
    68-05-12-279-072.000-002
    Size
    6,142 SF
    Lot size
    0.13 Acres

    Utilities

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

    Building Details

    Floors in Building
    2
    Number of units
    5
    Flooring type
    Concrete, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    New Traditional

    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# 202623037 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 (leases available)
    • Each 2BR/1BA includes laundry hookups and new electric furnaces
    • Main level features a former retail space with a working restroom plus a 3BR/1.5BA apartment (in need of renovation)
    • Upstairs offers 2,000+ sq ft of storage
    • Brick building with metal roof, basement, and off‑street parking
    • Forced‑air heating with electric heat; multi‑unit cooling and a mix of concrete, laminate, and vinyl flooring

    Overview

    This traditional apartment building includes two newly renovated 2BR/1BA apartments, both currently rented for $550 and $600 per month. Each unit has laundry hookups and new electric furnaces, and leases are available. The main level also contains 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 is positioned within the downtown area of Randolph County. The building’s internal layout supports multiple uses, with residential units alongside a former retail component and substantial storage on the upper level.

    For tenants, buyers, or operators seeking a property with more than just standard unit inventory, the mix of two renovated apartments, a third residential unit requiring updates, and a main-level former retail space may support flexible leasing and operations. The large upstairs storage area can also be useful for income diversification or to support ongoing building needs, depending on how the space is managed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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?
    Apartment building - Two renovated 2BR/1BA apartments and additional flexible space on the main level offer diversified rental and usage options.
    Where is this apartment building 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 (leases available); Each 2BR/1BA includes laundry hookups and new electric furnaces; Main level features a former retail space with a working restroom plus a 3BR/1.5BA apartment (in need of renovation)
    More about this property
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