Multifamily Property with Conversion
For Sale
$218,745
404 N Main N, Tipton, IN 46072
Existing improvements may be reconfigured toward single-family use.
Property Size8,036 SF
Price / SF$27.22
Days on Market48
Property Features for 404 N Main N
General Information
Standard status
Active
Size
8,036 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs some work
Building Details
Year Built
1941
Listing Agency:
Springer Real Estate Co
Listed By:
Tony Reffeitt
(317) 520-8980
Source:
Realintegrity
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 7:58AM
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 Springer Real Estate Co
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Investment Insights
Based on property information with market context.
The 8,036-square-foot multifamily property was built in 1941 and is located at 404 N Main N in Tipton, Indiana. The existing improvement requires work, presenting a renovation-oriented residential asset.
Originally constructed as a single-family house, the property may be converted back to that configuration. Its multifamily classification also supports evaluation as a residential income property, giving prospective buyers two defined directions for the existing structure.
Originally constructed as a single-family house, the property may be converted back to that configuration. Its multifamily classification also supports evaluation as a residential income property, giving prospective buyers two defined directions for the existing structure.
Key Highlights
- 8,036‑square‑foot multifamily property
- Built in 1941
- Located at 404 N Main N in Tipton, IN 46072
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
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Business Placement
Demographics for 46072, IN
9,095
Population
4,034
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
92%
High-School Grad
109.8 sq mi
ZIP Area
83
Density / Sq Mi
$75,295
Median Household Income
$49,175
Median Earnings
$848
Median Rent
$169,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Existing improvements may be reconfigured toward single-family use.
Where is this multifamily property located?
The property is located at 404 N Main N Tipton, IN.
What is the asking price?
The asking price for this property is $218,745.
What are key features of this property?
This property features: 8,036‑square‑foot multifamily property; Built in 1941; Located at 404 N Main N in Tipton, IN 46072
