• Property Type
  • Triplex, Residential Income
  • 1
  • Garage
  • Sqft
  • Area Size
629 Central Avenue, Lapel, IN 46051
  • $149,900
  • $149,900

Description

Exciting investment opportunity available! This 3-unit triplex is located in a thriving area and is ready for a new owner. The property requires updates, offering you the chance to customize and enhance its value. Units A and B are located downstairs, while Unit C is situated upstairs. Previously, the owner indicated that rental rates ranged between $500 and $600 per unit, with potential for increased earnings post-renovation. Don’t miss out on this chance to transform and profit from a promising property The current owner has never leased or occupied the units and is open to selling on contract.

  • Address: 629 Central Avenue
  • City: Lapel
  • State/county: IN
  • Zip/Postal Code: 46051

Details

Updated on November 12, 2025 at 10:13 pm
  • Property ID 22069685
  • Price $149,900
  • Land Area 0.13 Acres
  • Garage 1
  • Garage Size x x
  • Year Built 1910
  • Property Type Triplex, Residential Income
  • Property Status Closed

Additional details

  • County Madison
  • Property Type Residential Income
  • Parking Attached
  • Elementary School Lapel Elementary School
  • Middle School Lapel Middle School
  • High School Lapel Sr High School

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Contact Information

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Preeti Chaggar

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