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3-Unit Residential Triplex
For Sale
$250,000

589 E Main Street, Whiteland, IN 46184

Residential Income, Whiteland, IN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market50

Property Features for 589 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Subdivision Varner'S
Middle school Clark Pleasant Middle School
High school Whiteland Community High School
Elementary school district Clark-Pleasant Community Sch Corp
Middle school district Clark-Pleasant Community Sch Corp
High school district Clark-Pleasant Community Sch Corp
Directions GPS Friendly
Standard status Active
APN 410527022001000028
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Varner's Add Lot 1
Legal Description Varner's Add Lot 1

Amenities

off-street parking

Building Details

Year built 1800
Number of units 3
Listing Agency: Fathom Realty
Listed By: Upkar Ubhi · License #RB25000088
Added: Jul 10 Changed: Aug 20 Last Checked: Aug 28 at 9:06AM
MLS# 22113490

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential triplex contains three one-bedroom, one-bath apartments. Each unit has its own living room and kitchen, creating separate residential layouts within the property. The building dates to 1800 and includes a basement. Off-street gravel parking serves the property.

The 0.25-acre parcel is located at 589 E Main Street in Whiteland, Indiana, along a main road with commercial businesses in the surrounding area. All three units were recently rented, and one is currently occupied. Future commercial use has been identified as a possibility, subject to applicable zoning.

Key Highlights

  • Three one‑bedroom, one‑bath units
  • Separate living room and kitchen in each apartment
  • All units were recently rented; one is currently occupied

Property Analytics

Current Use

Wifeys Home Decor Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 46184, IN

13,023
Population
5,290
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
720
Density / Sq Mi
$90,250
Median Household Income
$48,443
Median Earnings
$1,684
Median Rent
$205,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate apartments offer individual living and kitchen areas, with gravel parking and a main-road setting near commercial businesses.
Where is this triplex located?
The property is located at 589 E Main Street Whiteland, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath units; Separate living room and kitchen in each apartment; All units were recently rented; one is currently occupied
More about this property
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