Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    179 E Washington St Morgantown, IN 46160

    Pending
    For Sale
    $79,900

    Duplex - Morgantown, IN

    Type:Duplex
    Lot size:
    0.25 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 179 E Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement
    APN
    551425205014000013
    Basement Y/N
    1
    Lot size
    0.25 Acres

    Building Details

    Year built
    1900
    Number of units
    2
    Architectural style
    Other

    Chief Realty (812) 597-5755 [email protected]

    Listing agent John Walker (317) 797-7066 License #RB14046490

    Listing date Nov 24, 2025

    MLS# 22024405 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morgantown Duplex with Rental Income

    This property in Morgantown, Indiana, is currently configured as a duplex, presenting an opportunity to live on one level and rent out the other. The main level features an open and spacious layout, including two bedrooms and one and a half bathrooms. The half bath, which is attached to one of the bedrooms, could potentially be converted into a full bathroom. The upper level, accessible via a separate exterior entrance, contains two functional bedrooms and one bathroom, making it suitable for rental purposes to offset home payments. The property, situated on a 0.25-acre lot, could also be converted back into a single-family residence if desired.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgantown
    County
    Morgan
    State
    Indiana
    Longitude
    -86.258672
    Latitude
    39.371021

    Nearby Similar for Sale

    • $1,700,000
      5,830 SF

      Morgantown Farm with Equestrian Facilities

      33+ acre farm featuring a ranch home and equestrian facilities.
      7601 S 700 W, Morgantown, IN 46160
      View Details
    • $175,000
      0.13 Acres

      Income Producing Triplex in Morgantown

      Triplex in walkable location with gross monthly income.
      190 E Washington St, Morgantown, IN 46160
      View Details
    • $79,900
      Pending

      Morgantown Triplex For Sale

      Triplex in Morgantown, Indiana, generating $1850 monthly income.
      310 N Highland St, Morgantown, IN 46160
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Morgantown, IN with potential rental income.
    Where is this duplex located?
    The property is located at 179 E Washington St Morgantown, IN.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Opportunity to rent out the upper level with separate entrance to help with mortgage payments.; - Main level living with **2 bedrooms and 1.5 baths**.; - Potential to convert half bath into a full bath on the main level.
    (317) 797-7066
    Request Owner's contact information
    179 E Washington St Morgantown, IN 46160
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    179 E Washington St
    Morgantown, IN 46160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    179 E Washington St Morgantown, IN 46160
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.