Listing courtesy of Ping Realty, LLC · Listing agent: Robert Ping

Virtual tour
ActiveTriplex

408 N High Street

$70,000

$24.48 / sq ft

Est. $589/mo

Hartford City, IN 47348-2183

Original price $92,400 · Price reduced on September 2, 2026

  • Basement
Bedrooms
3
Bathrooms
3.5
Living area
2,860 sq ft
Lot
0.17 ac
Year built
1960
Type
Triplex
Listed
July 30, 2026
MLS #
202630826

About this home

Investment opportunity! This spacious triplex offers approximately 2,860 square feet of living space and provides immediate rental income with additional upside potential. The property consists of three units and features a partial basement. Unit 1 is a 1-bedroom, 1.5-bath unit currently occupied by a long-term tenant paying $500 per month with a lease in place through 1/31/2027. Unit 3 is tenant-occupied at $620 per month through 9/30/2026. Unit 2 is currently vacant, providing an opportunity for owner-occupancy or additional rental income. Tenants are responsible for their own electric service, while the owner pays for water, gas, sewer, and trash. Whether you're looking to expand your investment portfolio or enter the multifamily market, this property offers a combination of established rental income and value-add potential. This triplex presents an excellent opportunity for investors seeking cash flow and future growth.

Monthly payment estimate

$589/mo

Principal & interest
$383
Property taxes
$186
Homeowners insurance
$20
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Stories
2
Total area
3,031 sq ft
Finished area above grade
2,860 sq ft
Unfinished area below grade
171 sq ft
Below grade total
171 sq ft
Bedrooms above grade
3
Basement
Partial, Unfinished
Flooring
Carpet, Laminate, Vinyl
Heating
Natural Gas, Forced Air
Amenities
Porch Covered

Exterior & parking

Construction
Aluminum Siding
Foundation
Block
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.17 ac
Lot dimensions
60X120
County
Blackford County
Township
Licking
Lots
2
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Blackford
Middle school
Blackford Jr/Sr
High school
Blackford Jr/Sr
School district
Blackford County

Taxes & terms

Annual taxes
$2,231
Tax year
2025
Assessed value
$149,000
Listing terms
Cash, Conventional
Possession
Tenant's Rights
Parcel number
05-03-11-302-158.000-006

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Units
3
Annual gross rent
$13,440
Net operating income
$11,209
Parking spaces
4
Pets allowed
Yes
Tenant pays
Electricity
Electric meters
3
Gas meters
1
Water meters
1

Units

UnitCountBedsBathsRentGarage
——11$500—
——11——
——11$620—

Location

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$70,000

3 beds · 3.5 baths