220 S Walnut Street, Atlanta, IN 46031

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
220 S Walnut Street,Atlanta, IN 46031
$551,998
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kristopher elliott
Office: booker realty
MLS#:22052890
Source:IN_MIBOR

Price summary

  • Price:$551,998

About this home

This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.

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Home facts

  • Year built:1988
  • Listing ID #:22052890
  • Added:99 day(s) ago
  • Updated:January 07, 2026 at 04:40 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1988
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$551,998
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