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3-Unit Residential Triplex
New
For Sale
$49,000

216 W 3rd St, Rushville, IN 46173

The unit mix comprises one one-bedroom residence and two two-bedroom residences.

Property Size5,053 SF
Price / SF$9.70
Days on Market2

Property Features for 216 W 3rd St

General Information

Standard status Active
Size 5,053 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence some work

Units

Unit Mix 1 x 1BR, 2 x 2BR
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: Greenside Realty Group
Listed By: Crossroads Real Estate Group
Source: Crossroadsrealestategroup
Added: Sep 26 Last Checked: Sep 26 at 6:27AM

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 Greenside Realty Group

Investment Insights

Based on property information with market context.

This residential triplex contains three units: one with a one-bedroom layout and two with two-bedroom layouts. Built in 1900, the property will require work and capital investment. It is located at 216 W 3rd St in Rushville, Indiana.

Key Highlights

  • Three residential units: one one‑bedroom and two two‑bedroom layouts
  • Built in 1900
  • Located at 216 W 3rd St, Rushville, IN 46173

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Gym & Fitness Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 46173, IN

10,591
Population
4,617
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
225.6 sq mi
ZIP Area
47
Density / Sq Mi
$65,708
Median Household Income
$40,701
Median Earnings
$852
Median Rent
$153,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - The unit mix comprises one one-bedroom residence and two two-bedroom residences.
Where is this triplex located?
The property is located at 216 W 3rd St Rushville, IN.
What is the asking price?
The asking price for this property is $49,000.
What are key features of this property?
This property features: Three residential units: one one‑bedroom and two two‑bedroom layouts; Built in 1900; Located at 216 W 3rd St, Rushville, IN 46173
More about this property
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