Active

118 S Walnut Street

Apartment Building • 117Y Old
$110,000 Listed 1 month ago
7 Bedrooms
5 Bathrooms 3 Full & 2 Half
6142 sqft
0.13 Acres
Basement
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Property Description

Investor’s dream in downtown Ridgeville! This building features two newly renovated 2BR/1BA apartments currently rented for $550 & $600/mo, each with laundry hookups and new electric furnaces (leases available). Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment in need of renovation. Upstairs offers 2,000+ sq ft of storage with great potential. Don’t miss this income producing opportunity

Directions

East on IN-32. Left on IN-1. Right on IN-28. Right on S Walnut Street.

Property
MLS # 202636454
Date Listed 2026-09-01
Status Active
Property Type Investment
Property SubType Apartment Building
Finished Square Feet 6,142 sqft
Total Square Feet 7,374 sqft
New Construction No
Style Two Story
Type Apartment Building
Basement Yes
Bedrooms 7
Bathrooms 5 (3 Full, 2 Half)
Year Taxes Payable 2025
Year Built 1909
Virtual Tour propertypanorama.com »
Days on Market 32
Homestead Year No
Room Dimensions
Living Room 2 × 1 Level
Family Room 600 × Level
Bathroom Locations
Full Baths 7 Main
Half Baths 1232 Lower
External Features
Construction Apartment Building
Lot Size 5,663 sq ft
Acreage 0.13 Acres
Lot Dimensions 44x132
Fence None
Location
Area Randolph County
County Randolph
Subdivision None
Township Franklin
City Ridgeville
State IN
Zip 47380
Schools
School District Randolph Central School Corp.
Elementary Deerfield
Middle School Driver
High School Winchester
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202636454
Listing Provided Courtesy of Jill Friend
Tarter Realty Auction and Appraisal Company
Office: 765-595-8155

Listing updated September 4, 2026 at 12:45 am
Last checked 10 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.