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Two-Unit Duplex Property
For Sale
$198,745

404 N Main N, Tipton, IN 46072

Residential Income, Tipton, IN

Property SizeContact for details
Lot Size0.18 Acres
Days on Market50

Property Features for 404 N Main N

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1
Subdivision No Subdivision
Elementary school district Tipton Community School Corp
Middle school district Tipton Community School Corp
High school district Tipton Community School Corp
Directions GPS Friendly
Standard status Active
APN 801111516045010002
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Cox Heirs North Add Pt I: 4 B: 1 0.0000 AND Cox Heirs North Add - 97 1/2' E End I: 3 B: 1
Tax Annual Amount 7068
Legal Description Cox Heirs North Add Pt I: 4 B: 1 0.0000 AND Cox Heirs North Add - 97 1/2' E End I: 3 B: 1

Building Details

Year built 1941
Number of units 2
Listing Agency: eXp Realty, LLC
Listed By: Douglas Heron
Added: Sep 9 Changed: Oct 27 Last Checked: Oct 28 at 10:06AM
MLS# 22125207

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex property at 404 N Main N in Tipton, Indiana, occupies 0.1845 acres and was constructed in 1941. The building requires work and is currently configured as a two-unit residential property. The available room information identifies two bedrooms and one bathroom. The structure originally served as a single-family house and may be converted back to that configuration, subject to applicable requirements. Located in ZIP code 46072, the property offers an existing residential building on a compact in-town parcel.

Key Highlights

  • Two‑unit duplex property in Tipton, Indiana
  • 0.1845‑acre parcel
  • Built in 1941

Property Analytics

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Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property requires work and may be converted back to a single-family layout.
Where is this duplex located?
The property is located at 404 N Main N Tipton, IN.
What is the asking price?
The asking price for this property is $198,745.
What are key features of this property?
This property features: Two‑unit duplex property in Tipton, Indiana; 0.1845‑acre parcel; Built in 1941
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