315-311 W Division Street Oakland City, IN $ 60,000
315-311 W Division Street
$ 60,000
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315-311 W Division Street

Oakland City, IN, 47660
$ 60,000
Bedrooms5 Baths1.0 Sq 980

Monthly Estimate*

$ 369

315-311 W Division Street, Oakland City, IN 47660 - Image 1
315-311 W Division Street, Oakland City, IN 47660 - Image 2
315-311 W Division Street, Oakland City, IN 47660 - Image 3
315-311 W Division Street, Oakland City, IN 47660 - Image 4
315-311 W Division Street, Oakland City, IN 47660 - Image 5
315-311 W Division Street, Oakland City, IN 47660 - Image 6
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315-311 W Division Street, Oakland City, IN 47660 - Image 8
315-311 W Division Street, Oakland City, IN 47660 - Image 9
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Multi-Family Home for sale in Oakland City, IN

for $60,000 with 5 bedrooms and 1 full bath. This 980 square foot home was built in 1940.

3-parcel investment opportunity totaling approximately 0.34 acre, and containing a site-built home, a manufactured home, and a potential homesite! Being sold together. All parcels are adjacent and occupy the northwest corner of Madison and Division Streets in Oakland City. The first parcel includes a 3-bedroom, 1-bath home with a basement. The interior has been partially gutted but still requires significant renovation to be livable. The second parcel has an older 2BR-1BA manufactured home that also needs some renovations. The third parcel is a vacant lot where a manufactured home previously sat. It may offer the potential for another homesite, subject to verification of utilities and zoning. All three parcels offer potential for rental income after improvements. Properties are being sold as-is.

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Multi-Family Active

Price

$ 60,000

Bedrooms

5

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1940

Town/City

Oakland City

County/Region

Gibson

MLS | Web ID

202616535

Features
General
Heating Gas
Cooling None
Sewer City
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1940
New Construction No
Tenant Pays None
Subdivision None
Style One Story
Stories Count 1
Township Columbia
Class INVESTMENT
Type Other
Age 86
Net Income 0
Rent Income 0
Features Basement
REO No
Status Detail 0
Area Gibson County
High School Wood Memorial
City Oakland City
School District East Gibson S.D.
Total Sq Ft 1960
Elementary School Wood Memorial
Middle School Wood Memorial
Legal Description SOUTH ENLG 11 BLK 15 SOUTH ENLG 12 PT BLK 15 and SOUTH ENLG 11PT/12PT BLK 15
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202616535
Agent First Name Ray
Agent Last Name Stallings
DOM 9
Tax Year 2026
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Exterior
Road Surface Asphalt
Road Access City
Exterior Metal
Pool No
Number of Parking Spaces 2
Lot Size Area 14810
Lot Dimensions Total combined: approx. 100x150
Lot Description Corner Level
Electric Meters 1
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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Interior
Basement Crawl Partial Basement
Flooring Wood
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 1
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* Excluded Features
List By
Ray Stallings

Listing Agent

Dhi Realty Inc

Broker

ray@dhirealty.com

Email

Affordability Calculator

$369
Per Month
100%
0%
0%
Monthly Principal & Interest
$369
Monthly Property Taxes
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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
4320686 Elementary School
1235699 Middle School
Wood Memorial High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$60,000 Listed Price

Map


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315-311 W Division Street, Oakland City, IN, 47660 is a Multi-Family Home for sale at $60,000 with 980 sqft. 315-311 W Division Street has 5 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 47660 which is in Oakland City, IN