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Triplex with Partial Basement
For Sale
$92,400

408 N High St, Hartford City, IN 47348

Three-unit residential property with one vacant unit and two tenant-occupied apartments under lease.

Property Size2,860 SF
Price / SF$32.31
Days on Market23

Property Features for 408 N High St

General Information

Standard status Active
Size 2,860 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR/1.5BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Year Built 1960
Buildings 1
Listing Agency: Ping Realty, LLC
Listed By: Robert Ping · License #RB16001203
Source: Spencerchildersgroup
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 25 at 5:30AM

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 Ping Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1960, this triplex contains approximately 2,860 square feet of living space across three units and includes a partial basement. The unit mix includes a one-bedroom, 1.5-bath apartment, while Unit 2 is vacant and Unit 3 is occupied. The available unit may support owner occupancy or a new tenancy, subject to applicable requirements.

Unit 1 has a lease extending through 1/31/2027, and Unit 3 is leased through 9/30/2026. Residents pay their own electric service; ownership is responsible for water, gas, sewer, and trash. The property is located at 408 N High St in Hartford City, Indiana.

Key Highlights

  • Three‑unit property with approximately 2,860 square feet of living space
  • Partial basement included
  • Unit 2 is vacant; Units 1 and 3 are tenant‑occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Building Supply Spa & Massage Center Hair Salon Auto Parts Store Electrical Service

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 47348, IN

9,507
Population
4,541
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
116.3 sq mi
ZIP Area
82
Density / Sq Mi
$44,198
Median Household Income
$33,930
Median Earnings
$626
Median Rent
$98,300
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?
Triplex - Three-unit residential property with one vacant unit and two tenant-occupied apartments under lease.
Where is this triplex located?
The property is located at 408 N High St Hartford City, IN.
What is the asking price?
The asking price for this property is $92,400.
What are key features of this property?
This property features: Three‑unit property with approximately 2,860 square feet of living space; Partial basement included; Unit 2 is vacant; Units 1 and 3 are tenant‑occupied
More about this property
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