401 W 3rd Street, Sheridan, IN 46069
- $199,900
- $225,000
Description
Unique Real Estate Opportunity with Two Single-Family Dwellings on One Parcel! Welcome to a rare and versatile property offering two detached single-family homes on one parcel of land, presenting endless possibilities for homeowners and investors alike. The primary residence is a spacious 3-bedroom, 2-bath home filled with character and charm. Inside, you’ll find beautiful original hardwood floors, generous living spaces, and the convenience of one bedroom located on the main level. Step outside to a large, private backyard, perfect for hosting gatherings, relaxing outdoors, or simply enjoying the surrounding natural beauty. Just steps away, the second detached dwelling offers incredible flexibility. This 1-bedroom, 1-bath home features an upper loft that can easily be used as an additional bedroom, home office, library, or entertainment space. Ideal as a guest house, in-law suite, or private retreat, it remains close enough for convenience while still offering independence. For investors, this property shines. With separate entrances and detached layouts, both homes can be utilized as income-producing units. Whether you’re looking to rent both dwellings, explore short-term rental opportunities, or live in one while renting or Airbnb-ing the other, this setup offers an excellent path to owner-occupied investing. The possibilities are truly endless-a unique property that combines flexibility, charm, and income potential all in one. Schedule your showing today as this property won’t last long!
Address
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Address: 401 W 3rd Street
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City: Sheridan
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State/county: IN
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Zip/Postal Code: 46069
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Area: No Subdivision
Details
Updated on February 20, 2026 at 8:36 pm-
Property ID 22082217
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Price $199,900
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Property Size 1716 Sqft
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Land Area 0.5 Acres
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Bedrooms 3
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Rooms 5
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Bathrooms 2
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Garage Size x x
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Year Built 1940
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Property Type Single Family Residence, Residential
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Property Status Closed
Additional details
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Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
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Cooling Other
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Heating Forced Air,Natural Gas,Baseboard
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County Hamilton
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Property Type Residential
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Parking Other
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Elementary School Sheridan Elementary School
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Middle School Sheridan Middle School
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High School Sheridan High School
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Architectural Style A-Frame,Traditional
Features
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