Listed price in listed location currency (USD).
$475,000

7716

MLS® 202628922

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3348 sqft
Garage 
Taxes $4,494
Days Active 11
Lot Size 0.537 Acres
Approx. Age 1960
Avg. Price Per Sqft $141
MLS® Number 202628922

Property Address: 601 S Walnut St, Mount Summit, IN, 47361

Average square foot calculated using Size range provided by listing agent.

Description

CAP RATE of 9.3%. 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)
MLS® Number202628922
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
BasementSlab
Driveway
Garage Spaces
HeatElectric
A/CWall/Window Unit(s)

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
601 S Walnut St, Mount Summit, IN

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