100 Walnut Tree Drive Salem, IN ^$ 1,500,000

100 Walnut Tree Drive

^$ 1,500,000

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100 Walnut Tree Drive

Salem, IN, 47167

^$ 1,500,000

Bedrooms35 Baths23.0 Sq 41,734

Monthly Estimate*

^$ 9,358

100 Walnut Tree Drive, Salem, IN 47167 - Image 1

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100 Walnut Tree Drive, Salem, IN 47167 - Image 7

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Multi-Family Home for sale in Salem, IN

for $1,500,000 with 35 bedrooms and 23 full baths. This 41,734 square foot home was built in 1975.

Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Call to schedule your showing today, please allow enough time for the tenants to be notified.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,442

Style

Apartment Complex

Year Built

1975

Town/City

Salem

County/Region

Washington

MLS | Web ID

202528955

Features

General

Heating Other Heating System

Cooling Multiple Cooling Units

Sewer City

# of Buildings 8

Status Active Active

Full Baths 23

Half Baths 0

Bathrooms 23

Year Built 1975

New Construction No

Tenant Pays Electric

Subdivision None

Style Other

Stories Count 2

Township Washington

Class INVESTMENT

Type Apartment Complex

Age 50

Net Income 94838

Rent Income 164280

Features Off Street Parking Ceilings-Vaulted Deck Open Water Heater Electric Washer Hook-Up

REO No

Status Detail 0

Area Washington County

High School Salem

City Salem

School District Salem Community Schools

Total Sq Ft 41734

Elementary School Bradie M Shrum

Middle School Salem

Legal Description 13-18-224-004.001-22 PT NW 18-2-4 2.10AC

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202528955

Agent First Name Mary

Agent Last Name McCoskey Finkle

DOM 138

Tax Year 2025

Interior

Basement Partial Basement

Flooring Carpet Tile Vinyl

Beds 32

Total Number of Units 21

Microwaves 0

Refrigerators 21

Washers 2

Dryer(s) 2

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 31

Below Grade Baths 1

Below Grade Bedrooms 1

Total Rooms Below Grade 2

Ranges/Ovens 21

W/D Hookups 8

Exterior

Exterior Block Vinyl Wood

Pool No

Number of Parking Spaces 25

Lot Size Area 91476

Lot Dimensions ireggular

Lot Description 0-2.9999

Outbuilding None

Waterfront Y/N No

* Excluded Features

List By

Mary McCoskey Finkle

Listing Agent

Mainstreet Realtors

Broker

info@mainstreetrealtor.com

Affordability Calculator

$10,062

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: $704
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Salem, IN

Average List Price ^$1,500,000

Percent of Sale Price 0%

About Salem, IN

6,081 Population

-1% Since 2002

^$37,209 Median Income

39.2 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1544923 Elementary School

1281207 Middle School

Salem High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/6/2025	$1,500,000	-14.29%	Price Down
7/24/2025	$1,750,000		Listed Price

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100 Walnut Tree Drive, Salem, IN, 47167 is a Multi-Family Home for sale at $1,500,000 with 41,734 sqft. 100 Walnut Tree Drive has 35 bedrooms, 23.0 baths, and was built in 1975. The property's zip code is 47167 which is in Salem, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/12/2025.

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100 Walnut Tree Drive

Multi-Family Home for sale in Salem, IN

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