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801 N Matheson Avenue Rensselaer, IN $ 169,900
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801 N Matheson Avenue
$ 169,900
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801 N Matheson Avenue

Rensselaer, IN, 47978
$ 169,900
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,046

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Multi-Family Home for sale in Rensselaer, IN

for $169,900 with 4 bedrooms and 2 full baths. This home was built in 1975 on a lot size of 0.24.

Looking to add an affordable duplex rental building to your 2026 investment portfolio? Well, here you go! This ranch style duplex offers a full brick and stone exterior with covered porches for each unit. The identical units each offer 897 sqft with an eat in kitchen w/ a laundry closet , a living room, 2 bedrooms and 1 full bath each. ** Unit 801.5 is currently vacant and just been remodeled. With this being vacant, it offers great opportunities for owner occupants to live in half and rent the other or select a new tenant for yourself immediately after closing. **Unit 801 has a 10+ year tenant that is currently renting on a month to month basis for 590/month ( below market value). There is a ton of potential with this building, conveniently located between town and I65 access!

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Multi-Family Active

Price

$ 169,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,558

Style

Duplex

Lot Size

0.24

Year Built

1975

Town/City

Rensselaer

County/Region

Jasper

MLS | Web ID

834802
Features
Interior
Interior Amenities Eat-in Kitchen
Fireplace Y/N N
Above Grade Finished Area 1794
Half Baths 0
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Washer Range Hood Refrigerator Other Microwave Electric Range
Patio/Porch Features Covered
Pool Features None
Pets Allowed No
Year Built 1975
View Neighborhood
Township Marion
Levels One
Property Subtype Duplex
Tax Year 2024
County Jasper
Insurance Expense 995
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Grahams 2nd Add
Garage Y/N N
Rent Includes None
Total Rooms 8
Full Baths 2
Status Active
Directions I65 to St Rd 114 head east towards Rensselaer turn North on Matheson to the building on the right.
City Rensselaer
High School District Rensselaer Central
Lot Size Square Feet 10454
Listing Terms Cash FHA Conventional
Tax Annual Amount 1558.78
Standard Status Active
Legal Description PT SW SW 19 29 6 .24A
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Exterior
Exterior Amenities Rain Gutters
Parking Features Driveway Gravel
Lot Features Rectangular Lot
Water Source Public
Lot Size Acres 0.24
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Daniel Walstra

Listing Agent

Countryside Realty

Broker

dan.walstra@gmail.com

Email

Affordability Calculator

$1,176
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,046
Monthly Property Taxes
$130
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
4001663 Elementary School
4001603 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2026$169,900 Listed Price

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801 N Matheson Avenue, Rensselaer, IN, 47978 is a Multi-Family Home for sale at $169,900 with a lot size of 0.24. 801 N Matheson Avenue has 4 bedrooms, 2.0 baths, and was built in 1975. The property's zip code is 47978 which is in Rensselaer, IN

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