Great investment opportunity with this well-maintained, income-producing duplex! Both units have been updated and are move-in ready, with reliable tenants already in place, making this a turnkey addition to your rental portfolio. The building features 2 updated 2 BR 1 BA units, a new roof in 2025 and each unit has its own storage shed for added convenience. Tenants are responsible for their own utilities, helping keep operating expenses low. Whether you're looking to start investing or expand your existing portfolio, this property is ready to go with rental income already in place! Seller is a licensed Indiana real estate broker and has an ownership interest in the property.
Listing Courtesy of: Woolum Real Estate, LLC
olivia@woolumrealestate.com
Agent licensed in IN
| Listing Id: | 22131776 |
|---|---|
| List Price: | $179,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Semi Annual Property Tax Amt: | $699 |
| Lot Size Acres: | 0.17 |
| Architectural Style: | Ranch |
| Waterfront?: | No |
| City: | Versailles |
| County Or Parish: | Ripley |
| Subdivision Name: | J & S |
| Postal Code: | 47042 |
| Year Built: | 1941 |
| Number Of Units Total: | 2 |
| Basement: | No |
| Building Area Source: | Assessor |
| High School District: | South Ripley Com Sch Corp |
| Construction Materials: | Brick |
| MLS Area Major: | Johnson |
| Cooling: | Window Unit(s) |
| Current Use: | Residential |
| Directions: | GPS Friendly |
| Elementary School: | South Ripley Elementary School |
| Foundation Details: | Block |
| Heating: | Forced Air, Natural Gas |
| High School: | South Ripley High School |
| Roof: | Shingle |
| Levels: | One |
| Acres: | <1/4 Acre |
| Affectedby Disclosures: | No |
| Building Information: | Storage |
| Building Utilities: | Separate Gas Meter, Separate Sewer Meter |
| Laundry Features: | Main Level |
| Conversion: | No |
| DPRYN: | No |
| Expenses: | 50 |
| Price Acre: | 1058235 |
| Price Unit: | 89950 |
| Road Access: | Access Rd |
| Solid Waste: | No |
| Trans Type: | Sale |
| Middle Or Junior School: | South Ripley Junior High School |
| Original List Price: | $179,900 |
| Owner Pays: | Insurance, Lawncare, Taxes |
| Parcel Number: | 691312332012000014 |
| Possession: | Subject To Tenant Rights |
| Postal Code Plus4: | 9608 |
| Road Surface Type: | Gravel |
| State Or Province: | IN |
| Tax Year: | 2025 |
| Tenant Pays: | All Utilities |
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MIBOR Broker Listing Cooperative® data last updated on October 16, 2026 03:41 AM - ET
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Property Last Updated: October 16, 2026 03:41 AM - ET
