629 Central Avenue, Lapel, IN 46051

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$125,000
List Price
$149,900
Closing Date
Nov 06, 2025
MLS#
22069685
Days on Market
15
Status
SOLD

Property 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.

Additional Information

Stories
One and One Half
Acres
0.13
Financing
Contract, Conventional
Region
Stony Creek

Listing courtesy of P. Aaron Starr. F.C. Tucker Company

Selling Office: South Madison Realty.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.