220 S Walnut Street Atlanta, IN 46031

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Ranch • 37Y Old

$551,998

220 S Walnut Street

0.21 Acres
Property Description

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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Property
MLS # 22052890
Date Listed 2025-07-28
Status Active
Property Type Multi-Family/Apartments
Property SubType Triplex
New Construction No
Style Ranch
Type Triplex
Year Taxes Payable 2024
Year Built 1988
Days on Market 131
Additional
Design Ranch
Cooling Window Unit(s)
Heating Electric, Baseboard
External Features
Construction Triplex
Lot Size 9,148 sq ft
Acreage 0.21 Acres
Fence Partial
Location
Area Hamilton
County Hamilton
Subdivision No Subdivision
Township Jackson
City Atlanta
State IN
Zip 46031
Schools
School District Hamilton Heights School Corp
Financial
Assoc. Dues $0.00

MLS# 22052890
Listing Provided Courtesy of Kristopher Elliott
Booker Realty
bookerrealty@gmail.com

Listing updated October 3, 2025 at 10:13 am
Last checked 7 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 220 S Walnut Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.