305 S Clay ST, Claypool, IN 46510
305 S Clay ST, Claypool, IN 46510
305 S Clay ST, Claypool, IN 46510
Listed by Darren Carnes • Homes Land & Lakes Realty
Bought with Northern Indiana Property Management, LLC
$121,500
Est. payment /mo
$129,900
6.5%
Est.Price: ?

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4 Beds
2 Baths
1,728 SqFt
SOLD DATE : 10/14/2026

Key Details

Sold Price $121,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,728 sqft

MLS Listing ID IRM202630280

Sold Date 10/14/26

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1999

Annual Tax Amount $2,106

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66x132

Property Sub-Type Duplex

Property Description

Fully Vacant Duplex – Investor Opportunity! Attention investors and owner-occupants! This fully vacant up/down duplex offers the perfect opportunity to set your own rents or live in one unit while generating income from the other. Each spacious unit features 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. Both units include refrigerators, stoves, and laundry hookups, while the upstairs unit also includes a dishwasher and a second interior stairwell for proper egress. The utilities are completely separated (minus water and sewer), making this an attractive property for tenants. The upstairs unit is all electric with baseboard heat, and the downstairs unit has gas and electric service with a gas furnace. The property has recently become 100% vacant and needs some minor updates to be rent-ready. The previous owner rented the downstairs unit for $800 per month and the upstairs unit for $750 per month, providing an excellent opportunity to update the property and lease at today's market rates. The seller is highly motivated, creating an outstanding chance to add a cash-flowing duplex to your portfolio or begin your real estate investment journey. Opportunities to purchase a completely vacant duplex are hard to find—schedule your showing today before this one is gone!

Location

State IN

County Kosciusko County

Rooms

Basement Slab

Interior

Heating Baseboard, Ceiling

Fireplace N

Exterior

Parking Features Off Street, Private

View Y/N true

Total Parking Spaces 4

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Claypool

Middle Schools Edgewood

High Schools Warsaw

School District Warsaw Community

Others

Pets Allowed No

Tax ID 43-15-20-100-128.000-002

Acceptable Financing IRM202630280

Listing Terms IRM202630280

Financing Cash

Special Listing Condition None

Pets Allowed No

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Indiana Regional MLS (IRMLS)

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Mariah Cressy

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