Contingent

305 S Clay Street

Duplex • 27Y Old
$129,900 Listed 2 months ago
4 Bedrooms
2 Bathrooms
1728 sqft
0.20 Acres
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Property Description

Fully Vacant Duplex – Investor Opportunity! Attention investors and owner-occupants! This fully vacant up/down duplex offers the perfect opportunity to set your own rents or live in one unit while generating income from the other. Each spacious unit features 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. Both units include refrigerators, stoves, and laundry hookups, while the upstairs unit also includes a dishwasher and a second interior stairwell for proper egress. The utilities are completely separated (minus water and sewer), making this an attractive property for tenants. The upstairs unit is all electric with baseboard heat, and the downstairs unit has gas and electric service with a gas furnace. The property has recently become 100% vacant and needs some minor updates to be rent-ready. The previous owner rented the downstairs unit for $800 per month and the upstairs unit for $750 per month, providing an excellent opportunity to update the property and lease at today's market rates. The seller is highly motivated, creating an outstanding chance to add a cash-flowing duplex to your portfolio or begin your real estate investment journey. Opportunities to purchase a completely vacant duplex are hard to find—schedule your showing today before this one is gone!

Directions

SR 15 to W 700 S, turn east (left) go to stop sign, turn right onto S Clay Street, follow S Clay Street to address.

Property
MLS # 202630280
Date Listed 2026-07-27
Status Cont-AccptngBackupOffers
Property Type Investment
Property SubType Duplex
Square Feet 1,728 sqft
New Construction No
Style Two Story
Type Duplex
Bedrooms 4
Bathrooms 2
Annual Taxes $1,117.00
Year Taxes Payable 2026
Year Built 1999
Virtual Tour propertypanorama.com »
Days on Market 68
Homestead Year No
Room Dimensions
Living Room 2 × 0 Level
Family Room 750 × Level
4th Bedroom 2 × 1 Level
5th Bedroom 2 × 2 Level
Recreation Room 1 × 1 Level
Bathroom Locations
Full Baths 4 Main
External Features
Construction Duplex
Lot Size 8,712 sq ft
Acreage 0.20 Acres
Lot Dimensions 66x132
Fence None
Location
Area Kosciusko County
County Kosciusko
Subdivision None
Township Clay
City Claypool
State IN
Zip 46510
Schools
School District Warsaw Community
Elementary Claypool
Middle School Edgewood
High School Warsaw
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202630280
Listing Provided Courtesy of Darren Carnes
Homes Land & Lakes Realty

Listing updated August 1, 2026 at 4:00 pm
Last checked 11 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.