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Listed by Ray Podesta • Stone & Gable Realty
$199,900
Est. payment /mo
8,712 Sqft Lot
Pending
413 S Main ST Lapel, IN 46015
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22109439
Year Built 1951
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Duplex
Property Description
Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you're looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don't miss your chance to own a versatile income-producing property with proven rental history and long-term potential.
Location
State IN
County Madison
Interior
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N false
Building
Architectural Style Bungalow
New Construction false
Schools
Elementary Schools Lapel Elementary School
Middle Schools Lapel Middle School
High Schools Lapel Sr High School
School District Frankton-Lapel Community Schools
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