Listing courtesy of Homes Land & Lakes Realty · Listing agent: Darren Carnes
305 S Clay Street
$129,900
$75.17 / sq ft
Claypool, IN 46510
Estimate your monthly payment- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,728 sq ft
- Lot
- 0.2 ac
- Year built
- 1999
- Type
- Duplex
- Listed
- July 27, 2026
- MLS #
- 202630280
About this home
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!
Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 1,728 sq ft
- Finished area above grade
- 1,728 sq ft
- Bedrooms above grade
- 4
- Basement
- Slab
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Baseboard, Ceiling
- Amenities
- Ceiling Fan, Off Street Parking, Cable Ready, Washer Hook-Up
Exterior & parking
- Construction
- Metal Siding
- Roof
- Metal
- Parking
- Off Street, Private
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 66x132
- County
- Kosciusko County
- Township
- Clay
- Platted
- Yes
- Planned unit development
- No
- 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.
Schools
- Elementary school
- Claypool
- Middle school
- Edgewood
- High school
- Warsaw
- School district
- Warsaw Community
Taxes & terms
- Annual taxes
- $2,107
- Tax year
- 2026
- Assessed value
- $144,800
- Listing terms
- Cash, Conventional
- Possession
- Day of Closing
- Parcel number
- 43-15-20-100-128.000-002
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- NIPSCO
- Gas provider
- NIPSCO
- Water provider
- Indiana American Water Co
Income & commercial
- Units
- 2
- Annual gross rent
- $18,600
- Net operating income
- $12,736
- Parking spaces
- 4
- Pets allowed
- No
- Tenant pays
- Cable TV, Electricity, Fuel, Heat
- Electric meters
- 2
- Gas meters
- 1
- Water meters
- 1
- Insurance (annual)
- $1,117
- Water & sewer (annual)
- $2,640