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Vacant Duplex with Separate Utilities
For Sale
Under Contract
$129,900

305 S Clay Street, Claypool, IN 46510

INVESTMENT, Two Story, Claypool, IN

Property Size1,728 SF
Lot Size0.20 Acres
Price / SF$75.17
Days on Market47

Property Features for 305 S Clay Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1
Parking 4
Parking features Off Street
Lot features Level
Elementary school Claypool
Middle school Edgewood
High school Warsaw
Elementary school district Warsaw Community
Middle school district Warsaw Community
High school district Warsaw Community
Directions SR 15 to W 700 S, turn east (left) go to stop sign, turn right onto S Clay Street, follow S Clay Street to address.
Subdivision Kosciusko County
Standard status Active Under Contract
APN 43-15-20-100-128.000-002
Size 1,728 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 002-077-038 LOT 29 J M & NELSON BEIGHS 1ST ADD TO CLAYPOOL
Tax Annual Amount 1117
Legal Description 002-077-038 LOT 29 J M & NELSON BEIGHS 1ST ADD TO CLAYPOOL

Building Details

Year built 1999
Floors in Building 2
Number of units 2
Flooring type Tile - Ceramic, Carpet, Tile
Roof type Metal
Architectural style Other
Listing Agency: Homes Land & Lakes Realty
Listed By: Darren Carnes
Added: Jul 27 Changed: Sep 4 Last Checked: Sep 11 at 11:06AM
MLS# 202630280

Copyright © 2026 Kosciusko Board of Realtors 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.

This two-story duplex at 305 S Clay Street in Claypool, Indiana, contains 1,728 square feet across two units. Each unit offers 2 bedrooms and 1 bathroom, with refrigerators, stoves, and laundry hookups; the upper residence also has a dishwasher and a second interior stairwell. The property is fully vacant and requires minor updates before leasing or occupancy.

Electric service is separately metered for the units, while water and sewer remain shared. The lower unit uses gas and electric service with a gas furnace, and the upper unit is all electric with baseboard heat. Additional property features include off-street parking, a metal roof, tile and carpet flooring, a 0.20-acre lot, and a 1999 construction date.

Key Highlights

  • Fully vacant two‑story duplex with 1,728 square feet
  • Two units, each with 2 bedrooms and 1 bathroom
  • Each unit includes a refrigerator, stove, and laundry hookups

Property Analytics

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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
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?
Duplex - Two-story income property with two residential units, separate electric service, off-street parking, and appliances included.
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 two‑story duplex with 1,728 square feet; Two units, each with 2 bedrooms and 1 bathroom; Each unit includes a refrigerator, stove, and laundry hookups
More about this property
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