$551,998
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.
GPS Friendly
| 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 |
| Design | Ranch |
|---|---|
| Cooling | Window Unit(s) |
| Heating | Electric, Baseboard |
| Construction | Triplex |
|---|---|
| Lot Size | 9,148 sq ft |
| Acreage | 0.21 Acres |
| Fence | Partial |
| Area | Hamilton |
|---|---|
| County | Hamilton |
| Subdivision | No Subdivision |
| Township | Jackson |
| City | Atlanta |
| State | IN |
| Zip | 46031 |
| School District | Hamilton Heights School Corp |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22052890
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.
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