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Active under contract
  • $150,000

    481 Alena St, Wabash, IN 46992

    6beds
    2,400sqft
    : 
    Triplex
    Built in 1930
    -- sqft lot
    $143,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investors seeking immediate rental income, look no further! This fully occupied 3-unit apartment building presents a stable income opportunity. All units are currently leased, minimizing vacancy risk. The property offers two 1-bedroom units’ downstairs and a large 4-bedroom unit upstairs. You will have peace of mind knowing the gas furnace was replaced in 2022. Currently, the owner covers lawncare, gas, water, & sewer while the tenants cover their own electricity.
    42 days
    on Zillow
    |
    514
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 05:03am

    Listed by:

    Nicole Harrison nkuyper@kw.com,

    Keller Williams Realty Group

    Source: IRMLS,MLS#: 202508276MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Laminate Counters
    • Flooring: Laminate, Wood
    • Basement: Full
    Interior area
    • Total structure area: 4,800
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,662.8 Square Feet
    • Dimensions: 51x113
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 851440203004.000009

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Basement
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Duke Energy Indiana
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Indiana American Water Co

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: Wabash

    Financial & listing details

    • Tax assessed value: $76,100
    • Annual tax amount: $1,497
    • Date on market: 3/14/2025
    • Listing terms: Cash,Conventional
    • Inclusions: Building
    • Lease term: 12 Months
    • Total actual rent: 27900
    • Tenant pays: Cable TV, Electricity
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