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$551,998 -

220 S Walnut Street Atlanta IN 46031

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.21
Acres

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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Property Details

Price: $551,998 Previously: $551,998 Originally: $551,998 Bathrooms: 0.00 MLS #: 22052890 Year Built: 1988 Township: Jackson Type: Residential Income Zip Code: 46031 City: Atlanta Subdivision: No Subdivision County: Hamilton School District: Hamilton Heights School Corp

Interior Features

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

Exterior Features

Exterior Features:
  • Setting / Lot Description: Mature Trees, Trees-Small (Under 20 Ft)
  • # Acres: 0.21

Listing Office: Booker Realty

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on November 8th, 2025 at 6:10pm EST.

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