6 & 22 W Main Street
Medora, IN, 47260 $ 350,000
Bedrooms4 Baths5.0 Sq 6,765 Monthly Estimate*
$ 2,210
for $350,000 with 4 bedrooms and 5 full baths. This 6,765 square foot home was built in 1918.
EXCEPTIONAL. VERSATILE. OPPORTUNITY. Rare opportunity to own TWO adjoining commercial properties in the heart of Medora, offering multiple income-producing spaces and outstanding flexibility for investors, entrepreneurs, or owner-operators. Together, these properties provide the unique opportunity to generate residential rental income while operating one or more businesses from a prime location. The first property features a fully equipped caf, complete with a spacious dining area, separate commercial kitchen, restroom, and ample storage, making it ideal for continued restaurant or caf operations. Attached to the caf is a spacious THREE bedroom, TWO bathroom apartment featuring a bright living room, kitchen, dining area, laundry room, and fenced-in front yard. Also included is a studio apartment filled with natural light, offering an open living area, kitchen with generous cabinet space, and a bathroom with a stand-up shower. Recent improvements include a fire suppression system in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, new flooring, and sealed concrete and brick. The second property is situated on a highly visible corner lot and features a spacious storefront with abundant natural light, creating a welcoming environment for customers and clients. Inside, you'll find a flexible open layout, a private office, beautiful hardwood flooring, and plenty of storage, making it well suited for retail, office, boutique, studio, or a variety of other commercial uses. Utilities are provided by Duke, Town of Medora Water, and Midwest Natural Gas. Whether you're looking to expand your investment portfolio, operate multiple businesses, or combine business ownership with residential rental income, this one-of-a-kind offering provides endless possibilities in a convenient location. With four distinct spaces across two properties, this exceptional package presents a rare opportunity to invest, live, work, and grow all in one location.
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FeaturesGeneralHeating Gas
Cooling Central Air
Sewer City
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1918
New Construction No
Tenant Pays Electric
Subdivision None
Style One Story
Stories Count 1
Township Carr
Class INVESTMENT
Type Other
Age 108
Net Income 2897.27
Rent Income 22800
Features Ceiling Fan Cable Available Countertops-Laminate Landscaped
REO No
Status Detail 0
Area Jackson County
Location City/Town/Suburb
High School Medora
City Medora
School District Medora Community School Corp.
Total Sq Ft 6765
Elementary School Medora
Middle School Medora
Legal Description 46.2X20'ESIDE10--A46.2'SSIDE 12--A 55'WSIDE10A25'ESIDE9A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202630677
Agent First Name Natasha
Agent Last Name Johns
DOM 14
Tax Year Current
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InteriorBasement Crawl
Flooring Concrete Laminate Wood
Beds 4
Total Number of Units 4
Microwaves 0
Refrigerators 4
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 4
W/D Hookups 0
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ExteriorExterior Brick
Pool No
Number of Parking Spaces 6
Lot Size Area 15682
Lot Dimensions Irregular
Lot Description Irregular
Outbuilding None
Waterfront Y/N No
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* Excluded FeaturesList ByNatasha JohnsListing Agent
Williams Carpenter RealtorsBroker
njohns@callcarpenter.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,210
- Monthly Property Taxes
- $489
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Medora, IN
Average List Price $350,000
Percent of Sale Price 0%
About Medora, IN 664 Population
19% Since 2002
$ 36,447 Median Income
40 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1639184 Elementary School
1639182 Middle School
Medora High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/29/2026 | $350,000 | | Listed Price |