Tipton IN Multi Family for Sale
$389,900
130 W North Street Tipton, IN 46072
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 22014296
- Subdivision:
- Blounts Add
ADDITIONAL INFORMATION
Turn Key Investment property. This well-maintained updated 4-plex offers an excellent investment opportunity with established, long-term tenants providing steady income. 3 tenants are on month-to-month leases, and one has a lease through 4/2025 allowing flexibility for new ownership decisions. Strong rental demand in this area ensures high occupancy. The property has easy access to US 31. Whether you're a seasoned investor or just starting, this property presents an ideal opportunity for reliable income with growth potential. All units include washers, dryers, refrigerators, and oven ranges. Recent updates include a New roof in 11/2024, a New HE commercial-grade water heater, and a New HE commercial-grade boiler heater.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Tipton Real Estate
The median home value in Tipton, IN is $234,500. This is higher than the county median home value of $194,000. The national median home value is $338,100. The average price of homes sold in Tipton, IN is $234,500. Approximately 62.66% of Tipton homes are owned, compared to 25.4% rented, while 11.94% are vacant. Tipton 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 Tipton real estate agent to arrange a tour today!
Tipton, Indiana has a population of 5,211. Tipton is less family-centric than the surrounding county with 20.69% of the households containing married families with children. The county average for households married with children is 28.73%.
The median household income in Tipton, Indiana is $57,176. The median household income for the surrounding county is $65,983 compared to the national median of $69,021. The median age of people living in Tipton is 42.1 years.
Tipton Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 41.1 inches per year, with 30.2 inches of snow per year.