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Three-Unit Triplex on Main Road
For Sale
$250,000

589 E Main St, Whiteland, IN 46184

Each residence includes one bedroom, one bathroom, a living room, and a kitchen.

Property Size10,934 SF
Price / SF$22.86
Days on Market94

Property Features for 589 E Main St

General Information

Standard status Active
Size 10,934 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence with a little TLC

Units

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

Amenities

off-street gravel parking

Building Details

Year Built 1800
Listing Agency: Real Broker, LLC
Listed By: Crossroads Real Estate Group
Source: Crossroadsrealestategroup
Added: Jul 13 Changed: Oct 13 Last Checked: Oct 12 at 7:06PM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

This triplex contains three residential units, each configured with one bedroom, one bathroom, a living room, and a kitchen. The property dates to 1800 and includes off-street gravel parking. All three units were recently rented, with one currently occupied.

Located at 589 E Main St in Whiteland, Indiana, the property sits along a main road among commercial businesses. Future commercial use is identified as subject to zoning. The existing configuration provides three separate residences within one income-producing property.

Key Highlights

  • Three residential units, each with 1 bedroom and 1 bathroom
  • Each unit includes a living room and kitchen
  • One unit is currently occupied; all units were recently rented

Property Analytics

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Current Use

Wifeys Home Decor Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Restaurant Dental Office

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

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 46184, IN

13,023
Population
5,290
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
720
Density / Sq Mi
$90,250
Median Household Income
$48,443
Median Earnings
$1,684
Median Rent
$205,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes one bedroom, one bathroom, a living room, and a kitchen.
Where is this triplex located?
The property is located at 589 E Main St Whiteland, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three residential units, each with 1 bedroom and 1 bathroom; Each unit includes a living room and kitchen; One unit is currently occupied; all units were recently rented
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