Three-Unit Triplex with Main-Road
For Lease
$250,000
589 Main Street, Whiteland, IN 46184
Individual apartments include living rooms, kitchens, and off-street gravel parking.
Space SizeContact for details
Days on Market98
Property Features for 589 Main Street
General Information
Standard status
Active
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
with a little TLC
Additional Details
Road Access
Yes
Building Details
Year Built
1800
Listing Agency:
Bif Ward Real Estate Group
Listed By:
Bif Ward
(317) 580-7871
Source:
Bifward
Added: Jul 13
Changed: Oct 2
Last Checked: Oct 16 at 5:49AM
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 Bif Ward Real Estate Group
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Investment Insights
Based on property information with market context.
This triplex contains three 1 bed/1 bath apartments, with each unit arranged with its own living room and kitchen. The property also provides off-street gravel parking. Built in 1800, the building offers an established residential configuration with one apartment currently occupied; all three units were recently rented.
The property is located at 589 Main Street in Whiteland, Indiana, on a main road surrounded by commercial businesses. Future commercial use is identified as a possibility subject to applicable zoning. The existing three-unit layout supports continued residential income use while preserving flexibility for further evaluation.
The property is located at 589 Main Street in Whiteland, Indiana, on a main road surrounded by commercial businesses. Future commercial use is identified as a possibility subject to applicable zoning. The existing three-unit layout supports continued residential income use while preserving flexibility for further evaluation.
Key Highlights
- Three 1 bed/1 bath units, each with a living room and kitchen
- One unit currently occupied; all units were recently rented
- Off‑street gravel parking
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Individual apartments include living rooms, kitchens, and off-street gravel parking.
Where is this triplex located?
The property is located at 589 Main Street Whiteland, IN.
What is the lease rate?
The lease rate is $250,000.
What are key features of this property?
This property features: Three 1 bed/1 bath units, each with a living room and kitchen; One unit currently occupied; all units were recently rented; Off‑street gravel parking
