Renovated Triplex with
For Sale
$110,000
118 S Walnut St, Ridgeville, IN 47380
Three-unit property with renovated apartments, a former retail area, and extensive upper-level storage.
Property Size6,142 SF
Price / SF$17.91
Days on Market171
Property Features for 118 S Walnut St
General Information
Standard status
Active
Size
6,142 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
in need of renovation
Amenities
working restroom
Building Details
Year Built
1909
Buildings
1
Tenancy
Multi
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 546-8236
Listed By:
Jill Friend · License #RB23001467
Source:
Kmsrealestategroup
Added: Mar 13
Changed: Aug 30
Last Checked: Aug 25 at 4:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarter Realty Auction and Appraisal Company
Investment Insights
Based on property information with market context.
Located at 118 South Walnut Street in downtown Ridgeville, this 6,142-square-foot triplex was built in 1909 and combines residential units with additional commercial and storage areas. Two 2BR/1BA apartments have been renovated and include laundry hookups and new electric furnaces. A third 3BR/1.5BA apartment remains in need of renovation.
The main level also contains a former retail space with a working restroom. Upstairs, more than 2,000 square feet of storage provides substantial enclosed space within the building. The property includes multiple cooling units, forced-air heating, a partial basement, and a crawl space.
The main level also contains a former retail space with a working restroom. Upstairs, more than 2,000 square feet of storage provides substantial enclosed space within the building. The property includes multiple cooling units, forced-air heating, a partial basement, and a crawl space.
Key Highlights
- 6,142 SF triplex built in 1909
- Two renovated 2BR/1BA apartments with laundry hookups
- New electric furnaces in both renovated apartments
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 47380, IN
1,917
Population
703
Households
2.7
Avg Household Size
41
Median Age
8%
College-Educated
85%
High-School Grad
61.8 sq mi
ZIP Area
31
Density / Sq Mi
$55,278
Median Household Income
$40,046
Median Earnings
$664
Median Rent
$84,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with renovated apartments, a former retail area, and extensive upper-level storage.
Where is this triplex located?
The property is located at 118 S Walnut St 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: 6,142 SF triplex built in 1909; Two renovated 2BR/1BA apartments with laundry hookups; New electric furnaces in both renovated apartments
