Standing tall and full of character, this solid building offers a strong potential for ROI. Recent updates enhance its appeal, and the large, spacious units make for highly desired apartments, ensuring tenant satisfaction. With separate gas and electric utilities, the owner avoids additional utility costs, while city water and sewer eliminate concerns about costly well or septic issues. Currently operating as a four-unit property, there's exciting potential to expand to six units, increasing your earning possibilities. Additional income streams could include coin-operated laundry facilities, self-storage spaces, or even more units. The property also features newer mechanicals and gas water heaters for added efficiency and reliability. Don't miss this rare chance to own a versatile, income-generating property.
The median home value in Claypool, IN is $177,500. This is lower than the county median home value of $232,700. The national median home value is $338,100. The average price of homes sold in Claypool, IN is $177,500. Approximately 59.22% of Claypool homes are owned, compared to 25.24% rented, while 15.53% are vacant. Claypool real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Claypool real estate agent to arrange a tour today!
Claypool, Indiana has a population of 445. Claypool is less family-centric than the surrounding county with 27.78% of the households containing married families with children. The county average for households married with children is 29.17%.
The median household income in Claypool, Indiana is $45,625. The median household income for the surrounding county is $66,764 compared to the national median of $69,021. The median age of people living in Claypool is 34.2 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 39.2 inches per year, with 31 inches of snow per year.