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118 S Walnut Street Ridgeville, IN $ 115,000
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$ 115,000 Get more info
118 S Walnut Street
$ 115,000
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118 S Walnut Street

Ridgeville, IN, 47380
$ 115,000
Bedrooms7 Baths3.2 Sq 6,142

Monthly Estimate*

$ 717

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Multi-Family Home for sale in Ridgeville, IN

for $115,000 with 7 bedrooms and 3 full baths, 2 half baths. This 6,142 square foot home was built in 1909.

Investor’s dream in downtown Ridgeville! This building features two newly renovated 2BR/1BA apartments currently rented for $550 & $600/mo, each with laundry hookups and new electric furnaces (leases available). Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment in need of renovation. Upstairs offers 2,000+ sq ft of storage with great potential. Don’t miss this income producing opportunity

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Multi-Family Active

Price

$ 115,000

Bedrooms

7

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 393

Style

Traditional

Year Built

1909

Town/City

Ridgeville

County/Region

Randolph

MLS | Web ID

202533096
Features
General
Heating Electricity Forced Air
Cooling Multiple Cooling Units
Sewer City
# of Buildings 1
Status Active Active
Full Baths 3
Half Baths 2
Bathrooms 5
Year Built 1909
Parking Off Street Street
New Construction No
Tenant Pays Cooling Electric Sewer Trash Collection Water
Subdivision None
Style Two Story
Stories Count 2
Township Franklin
Class INVESTMENT
Type Apartment Building
Age 116
Net Income 12987
Rent Income 13800
Features Basement Ceiling Fan Countertops-Laminate Sump Pump
Inside City Limits Yes
REO No
Status Detail 0
Area Randolph County
Location City/Town/Suburb
High School Winchester
City Ridgeville
School District Randolph Central School Corp.
Architctural Style Traditional
Total Sq Ft 7374
Elementary School Deerfield
Middle School Driver
Legal Description NEWTOWN LOT 9 BLK 3
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202533096
Agent First Name Jill
Agent Last Name Friend
DOM 111
Tax Year 2025
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Interior
Basement Crawl Partial Basement
Flooring Concrete Laminate Vinyl
Beds 7
Total Number of Units 5
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 7
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 2
Basement Material Block
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Exterior
Exterior Brick Vinyl
Pool No
Number of Parking Spaces 0
Lot Size Area 5663
Lot Dimensions 44x132
Lot Description 0-2.9999
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Jill Friend

Listing Agent

Tarter Realty Auction And Appraisal Company

Broker

jill.friend@teamtarter.com

Email

Affordability Calculator

$750
Per Month
96%
4%
0%
Monthly Principal & Interest
$717
Monthly Property Taxes
$33
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3351171 Elementary School
1236447 Middle School
Winchester High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2025$115,000 Listed Price

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118 S Walnut Street, Ridgeville, IN, 47380 is a Multi-Family Home for sale at $115,000 with 6,142 sqft. 118 S Walnut Street has 7 bedrooms, 3.2 baths, and was built in 1909. The property's zip code is 47380 which is in Ridgeville, IN

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