INVESTMENT OPPORTUNITY! Have you thought about investing in a rental property? Or perhaps live in one unit and rent out the other? This is your chance! This 2-unit multi-family property offers a spacious 2-bedroom apartment on the main level and a 3- bedroom apartment on the upper level. All utilities are separated. Each apartment is roomy and has blt-ins for additional storage space. The partial basement has a laundry hookup. There is a 3 car detached garage, 2 bays for the main unit and 1 bay for the upper unit. The storage shed gives you added storage space. This well-maintained property is currently unoccupied and ready for you to start with your own leases and tenants. Conveniently located to all of the downtown amenities!
Pending
$159,900
326 S Cullen St, Rensselaer, IN 47978
5beds
--sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$150,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 25 days |
- 909 |
- 71 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 18, 2025 at 12:52pm
Listed by:
Noelle Weishaar,
Jenkins, REALTORS, INC. 219-866-5908,
Richard Maxwell,
Jenkins, REALTORS, INC.
Source: NIRA,MLS#: 831702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Appliances
- Included: Dishwasher, Refrigerator, Microwave, Electric Range
Features
- Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer
- Basement: Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,762
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Off Street, Detached, Garage Faces Front
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Covered, Front Porch
- Exterior features: Other, Storage
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,454.4 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 370730011017023027
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Rensselaer
HOA
- Has HOA: No
Location
- Region: Rensselaer
Financial & listing details
- Tax assessed value: $150,400
- Annual tax amount: $1,772
- Date on market: 12/9/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$150,400
$141,000 - $158,000
$1,308/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Pending sale | $159,900 |
Source: | ||
| 12/9/2025 | Listed for sale | $159,900+128.4% |
Source: | ||
| 4/14/2010 | Sold | $70,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,745 +6.5% | $150,400 +5.2% |
| 2023 | $1,639 +0.3% | $142,900 +11.9% |
| 2022 | $1,634 -0.6% | $127,700 +9.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$878/mo
Principal & interest
$757
Property taxes
$65
Home insurance
$56
Climate risks
Neighborhood: 47978
Nearby schools
GreatSchools rating
- 9/10Van Rensselaer Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 6/10Rensselaer Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 0.7 mi
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