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220 S Walnut Street Atlanta, IN $ 551,998
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$ 551,998 Get more info
220 S Walnut Street
$ 551,998
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220 S Walnut Street

Atlanta, IN, 46031
$ 551,998
Baths0.0

Monthly Estimate*

$ 3,399

220 S Walnut Street, Atlanta, IN 46031 - Image 1
220 S Walnut Street, Atlanta, IN 46031 - Image 2
220 S Walnut Street, Atlanta, IN 46031 - Image 3
220 S Walnut Street, Atlanta, IN 46031 - Image 4
220 S Walnut Street, Atlanta, IN 46031 - Image 5
Studio

Multi-Family Home for sale in Atlanta, IN

for $551,998. This home was built in 1988 on a lot size of 0.21.

This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.

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Multi-Family Active

Price

$ 551,998

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,522

Style

Ranch

Lot Size

0.21

Year Built

1988

Town/City

Atlanta

County/Region

Hamilton

MLS | Web ID

22052890
Features
General
Heating Electric Baseboard
Cooling Window Unit(s)
Possession Subject to Tenant Rights
Roof Shingle
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1988
Township Jackson
Levels One
Property Subtype Triplex
Tax Year 2024
Current Use Apt<20
Additional Parcels Description 290201111008004010
County Hamilton
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Possible Use Apt<20
Status Active
Directions GPS Friendly
City Atlanta
High School District Hamilton Heights School Corp
Number Of Units Total 3
MLS Area 2917 - Hamilton - Jackson
Lot Size Square Feet 9148
Additional Parcels Y/N Y
Structure Type Triplex
Standard Status Active
Tax Lot 1
Legal Description Acreage .21 Section 1 Township 20 Range 4
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Exterior
Fencing Partial
Parking Features Gravel
Lot Features Mature Trees Trees-Small (Under 20 Ft)
Foundation Details Block
Lot Size Acres 0.21
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Laundry Features Connections All
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* Excluded Features
List By
Booker Realty

Broker

bookerrealty@gmail.com

Email

Affordability Calculator

$3,609
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,399
Monthly Property Taxes
$210
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4045209 Elementary School
4045206 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
9/30/2025 $551,998 Listed Price

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220 S Walnut Street, Atlanta, IN, 46031 is a Multi-Family Home for sale at $551,998 with a lot size of 0.21. 220 S Walnut Street is a studio with 0.0 baths and was built in 1988. The property's zip code is 46031 which is in Atlanta, IN

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