601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092
Listed by Jon Kindred • Real Broker, LLC
$455,000
Est. payment /mo
3,348 SqFt
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Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $135

MLS Listing ID 22112913

Year Built 1960

Tax Year 2026

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Multi Family

Property Description

CAP RATE of 9.7%. Turnkey 7-UNIT investment opportunity in this fully occupied, one-level apartment building conveniently located in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a spacious .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Recent updates include a spacious deck for outdoor gatherings, fresh exterior paint, and coin-op laundry machines. Owner pays all utilities and maintenance. Tenant's rights apply. (*interior photos have been digitally altered to remove some personal items)

Location

State IN

County Henry

Zoning R3

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected, See Remarks

View Y/N false

Roof Type Asphalt,Shingle

Building

Story 1

Foundation Slab

New Construction false

Schools

School District Blue River Valley Schools

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MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092

Broker RB14032222

Broker RB14032222

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601 S Walnut ST

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