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629 Central Avenue, Lapel, IN 46051

$125,000
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Sold Price
$125,000
List Price
$149,900
Closing Date
Nov 06, 2025
MLS#
22069685
Days on Market
15
Status
SOLD
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Property Description

Exciting investment opportunity available! This 3-unit triplex is located in a thriving area and is ready for a new owner. The property requires updates, offering you the chance to customize and enhance its value. Units A and B are located downstairs, while Unit C is situated upstairs. Previously, the owner indicated that rental rates ranged between $500 and $600 per unit, with potential for increased earnings post-renovation. Don't miss out on this chance to transform and profit from a promising property The current owner has never leased or occupied the units and is open to selling on contract.

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Additional Information

Stories
One and One Half
Acres
0.13
Financing
Contract, Conventional
Region
Stony Creek
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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company. Selling Office: South Madison Realty.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative