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Vacant Duplex with Separate Utilities
For Sale
$129,900

305 S Clay Street, Claypool, IN 46510

Two-unit property with individual utility services, kitchen appliances, and laundry hookups in both residences.

Property Size1,728 SF
Price / SF$75.17
Days on Market36

Property Features for 305 S Clay Street

General Information

Standard status Active
Size 1,728 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs some minor updates

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1999
Listing Agency: Century 21 Bradley Realty, Inc
Listed By: Patton Hall
Source: Pattonhall
Added: Jul 29 Changed: Aug 31 Last Checked: Sep 1 at 6:09PM

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 Century 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

Built in 1999, this up-and-down duplex contains two residences, each with 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. The combined property size is 1,728 square feet. Both units include a refrigerator, stove, and laundry hookups; the upper residence also has a dishwasher and a second interior stairwell. The lower unit uses gas and electric service with a gas furnace, while the upper unit is all electric with baseboard heat.

The duplex is fully vacant and requires minor updates before it is rent-ready. Electric and other utilities are separately metered between the units, except for water and sewer. Located at 305 S Clay Street in Claypool, Indiana, the property offers a two-unit residential income configuration with separate living spaces and service arrangements.

Key Highlights

  • Fully vacant duplex with 2 residential units
  • Each unit includes 2 bedrooms, 1 bathroom, and approximately 864 square feet
  • Combined property size of 1,728 square feet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Gym & Fitness Center Food Market

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 46510, IN

3,393
Population
1,685
Households
2
Avg Household Size
43
Median Age
19%
College-Educated
88%
High-School Grad
67.4 sq mi
ZIP Area
50
Density / Sq Mi
$96,759
Median Household Income
$51,061
Median Earnings
$944
Median Rent
$201,500
Median Home Value

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?
Duplex - Two-unit property with individual utility services, kitchen appliances, and laundry hookups in both residences.
Where is this duplex located?
The property is located at 305 S Clay Street Claypool, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Fully vacant duplex with 2 residential units; Each unit includes 2 bedrooms, 1 bathroom, and approximately 864 square feet; Combined property size of 1,728 square feet
More about this property
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