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    Mixed-Use Building with Apartments Title is generated by Realmo AI

    118 S Walnut Street, Ridgeville, IN 47380

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    For Sale
    $110,000

    Mixed Use - Ridgeville, IN

    Type:Mixed Use
    Property size:
    2,000 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $55/SF
    Added:
    Jun 12, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 13 at 2:06 am

    Property Features for 118 S Walnut Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Off Street
    Interior features
    Concrete, Drywall, Unfinished, Living Space, Basement, Office Space
    Exterior features
    Living Space, Basement, Office Space
    Standard status
    Active
    APN
    68-05-12-279-072.000-002
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    393

    Utilities

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

    Building Details

    Year built
    1909
    Floors in Building
    2
    Flooring type
    Concrete, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

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    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# 202623036 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

    • Year built 1909 brick building with metal roof
    • Two newly renovated 2BR/1BA apartments rented for $550 and $600/mo (leases available)
    • Each rented unit has laundry hookups and new electric furnaces
    • Main level includes former retail space with working restroom and a 3BR/1.5BA apartment in need of renovation
    • Upstairs provides 2,000+ sq ft of storage
    • Off‑street parking and basement with additional living/office space

    Overview

    This mixed-use building combines residential and commercial space under one roof. The property includes two newly renovated 2BR/1BA apartments that are currently rented, each with laundry hookups and new electric furnaces. The main level also features a former retail space with a working restroom, along with a 3BR/1.5BA apartment that is in need of renovation. Upstairs, the building offers 2,000+ square feet of storage space.

    Located at 118 S Walnut Street in Ridgeville, Indiana, the building sits on a 0.13-acre lot in Randolph County. The seller notes that leases are available for the renovated apartments.

    For tenants, investors, or owner-operators, the layout can support multiple income streams by combining apartment living with a dedicated commercial storefront area and additional storage. The presence of currently rented units alongside space that needs renovation may appeal to buyers seeking a mixed residential and retail setup with room for continued improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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?
    Triplex - Mixed-use income property with renovated apartments, a former retail space, and substantial upstairs storage.
    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: Year built 1909 brick building with metal roof; Two newly renovated 2BR/1BA apartments rented for $550 and $600/mo (leases available); Each rented unit has laundry hookups and new electric furnaces
    More about this property
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