667 Davis St Clinton, IN 47842
This unique Clinton, Indiana property offers a compelling blend of residential and commercial opportunities. The centerpiece is a 36x90 foot pole barn (1976), featuring a full concrete floor, high scissor trusses in the front 60 feet, and a climate-controlled workshop and 1-bedroom, 1-bathroom apartment in the rear 30 feet. A spacious storage loft is located above both the apartment and workshop. The apartment boasts an open living/kitchen area, a bedroom with ample closet space, and a new outdoor AC unit. An adjacent 0.51-acre lot (62x178 feet) provides significant expansion potential. City water, sewer, and electricity are readily available. Conveniently located minutes from Highway 63 and near schools and Matthews Golf Course, this property presents a versatile investment opportunity. The asking price is $155,000, with annual taxes of $1,200 (Note: Tax information may need verification). This property is ready for immediate use and future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.