Renovated Triplex with
New
For Sale
$110,000
118 S Walnut Street, Ridgeville, IN 47380
COMMERCIAL, Ridgeville, IN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market4
Property Features for 118 S Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Lot features
City
Directions
East on IN-32. Left on IN-1. Right on IN-28. Right on S Walnut Street.
Subdivision
Randolph County
Standard status
Active
APN
68-05-12-279-072.000-002
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NEWTOWN LOT 9 BLK 3
Tax Annual Amount
393
Legal Description
NEWTOWN LOT 9 BLK 3
Utilities
Cooling system
Multi Units
Building Details
Year built
1909
Flooring type
Laminate, Vinyl, Concrete
Roof type
Metal
Listing Agency:
Tarter Realty Auction and Appraisal Company
(765) 595-8155
Listed By:
Jill Friend · License #RB23001467
(765) 546-8236
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 2:06AM
MLS# 202636456
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.
Investment Insights
Based on property information with market context.
Built in 1909, this triplex includes two recently improved two-bedroom, one-bath apartments that are currently leased. Both units have laundry hookups and new electric furnaces, with leases available for review. A third apartment on the main level offers three bedrooms and one and a half baths and requires renovation.
The main floor also contains a former retail area with a functioning restroom. Above, more than 2,000 square feet provides enclosed storage space. The 0.13-acre property includes off-street parking, a metal roof, laminate, vinyl, and concrete flooring, and multi-unit cooling. It is located at 118 S Walnut Street in Ridgeville, Indiana.
The main floor also contains a former retail area with a functioning restroom. Above, more than 2,000 square feet provides enclosed storage space. The 0.13-acre property includes off-street parking, a metal roof, laminate, vinyl, and concrete flooring, and multi-unit cooling. It is located at 118 S Walnut Street in Ridgeville, Indiana.
Key Highlights
- Two renovated 2BR/1BA apartments are currently rented, with leases available
- New electric furnaces and laundry hookups in both updated apartments
- Main‑level 3BR/1.5BA apartment requires renovation
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
49
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with two updated apartments, additional residential space, and a former retail area.
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 renovated 2BR/1BA apartments are currently rented, with leases available; New electric furnaces and laundry hookups in both updated apartments; Main‑level 3BR/1.5BA apartment requires renovation
