Residential Income

Ridgeville, IN Residential Income Properties for Sale

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Mixed-Use Multifamily Building
Updated: Jun 12
Mixed-Use Multifamily Building

118 S Walnut Street, Ridgeville, IN 47380

$110,000
6,142 sqft 0.13 AC lot
Two newly renovated 2BR/1BA apartments are currently rented for $550 and $600/month (leases available)
Laundry hookups in both apartments and new electric furnaces
Main level includes a former retail space with a working restroom plus a 3BR/1.5BA apartment in need of renovation
Upstairs provides 2,000+ sq ft of storage
Off‑street parking and metal roof
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Multifamily Building with Retail Space
Updated: Jun 12
Multifamily Building with Retail Space

118 S Walnut Street, Ridgeville, IN 47380

$110,000
0.13 AC lot
Two renovated 2BR/1BA apartments currently rented for $550 and $600 per month (leases available).
Each 2BR/1BA unit has laundry hookups and new electric furnaces.
Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment needing renovation.
Upstairs offers 2,000+ SF of storage.
Off‑street parking and basement level included.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Ridgeville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex and Duplex Income Property
Triplex and Duplex Income Property

219 N East Street, Winchester, IN 47394

$194,900
4,718 sqft 0.23 AC lot

Triplex and duplex on one parcel with five leased units and updates across all units, including a 2024 roof for the duplex.

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Converted Duplex Former Schoolhouse
Converted Duplex Former Schoolhouse

1526 South Burlington Drive, Unit 1, Muncie, IN 47302

$179,900
2,600 sqft 0.50 AC lot

Converted schoolhouse duplex with two 2-bedroom, 1-bath units and shared laundry and sitting area.

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Bar and Grill with Apartments
Bar and Grill with Apartments

1 S Meridian St, Redkey, IN 47373

$199,000

Fully operational bar and grill with food and drink service plus studio, one-bedroom apartments and a rented storage garage.

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McGalliard Visibility Commercial Property
McGalliard Visibility Commercial Property

McGalliard Visibility next to Fresh Thyme Grocery, Muncie, IN 47303

Contact for pricing

Commercial property with high visibility next to Fresh Thyme Grocery.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Agricultural Land with Tillable Acreage
Agricultural Land with Tillable Acreage

State Road 167 SR 167 Highway, Albany, DE 47320

$200,000
20.52 AC lot

Zoned agriculture and residential with water and sewage available, combining tillable farmland with developable flexibility.

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Wooded Lot in Albany, Indiana
Wooded Lot in Albany, Indiana

N Summerhill Drive, Albany, IN 47320

$31,750
0.93 AC lot

Wooded 0.93 acre lot perfect for building your dream home.

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Residential Lots in Eaton, IN
Residential Lots in Eaton, IN

120 NW Union Street, Eaton, IN 47338

Contact for pricing
0.69 AC lot

Large corner parcel with five residential lots totaling 0.69 acres.

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Residential Lots in Muncie, Indiana
Residential Lots in Muncie, Indiana

River W Road, Muncie, IN 47304

$54,900
1.36 AC lot

Residential land available in Muncie, Indiana.

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Off-Market Properties in Ridgeville, IN

Consider similar Off-Market properties in Ridgeville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2361 850th N
MOBILE HOME PARK, TRAILER PARK

2361 850th N, Ridgeville, IN 47380-6601

Value Estimation by Request
2.48 AC lot
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Ridgeville, IN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Ridgeville, IN on our real estate platform. These investment opportunities span a total of 6,142 square feet of properties for sale, with an estimated market value of $220,000.

Sale prices for residential income properties in Ridgeville, IN average $110,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1
Triplexes 1

Demographics Overview

Population 1,537
Population Growth (5Y) -4.7%
Median Household Income $55,278
College Educated 9.6%

High-Yield Neighborhoods for Investment

Identify Ridgeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47380 $110K

Taxes & Financing

Tax Rate (average for all types) 2.13%
Property Tax per SF $30.21 per SF
Tax Rate vs County Average 0.33 pp below county avg
Average Loan-to-Value 65.0%

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