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!
Active under contract
$129,900
305 S Clay St, Claypool, IN 46510
4beds
1,728sqft
Duplex
Built in 1999
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 27 days |
- 726 |
- 54 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Darren A Carnes 574-268-4881,
Homes Land & Lakes Realty
Source: IRMLS,MLS#: 202630280
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Ceiling
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Ceramic Tile, Vinyl Tile
- Has basement: No
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area above ground: 1,728
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Private, Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
- Features: Level
Details
- Additional structures: None
- Parcel number: 431520100128.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: City, Indiana American Water Co
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Claypool
Financial & listing details
- Tax assessed value: $144,800
- Annual tax amount: $2,106
- Date on market: 7/27/2026
- Listing terms: Cash,Conventional,Other
- Inclusions: Building, Land
- Lease term: None
- Total actual rent: 18600
- Tenant pays: Cable TV, Electricity, Fuel, Heating
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,082/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $129,900+4266.4% |
Source: | ||
| 6/25/2015 | Listing removed | $2,975$2/sqft |
Source: Bid4Assets Report a problem | ||
| 4/25/2015 | Price change | $2,975-34.9%$2/sqft |
Source: Bid4Assets Report a problem | ||
| 3/28/2015 | Listed for sale | $4,568$3/sqft |
Source: Bid4Assets Report a problem | ||
| 3/27/2015 | Pending sale | $4,568$3/sqft |
Source: Bid4Assets Report a problem | ||
| 3/14/2015 | Listed for sale | $4,568-76.3%$3/sqft |
Source: Bid4Assets Report a problem | ||
| 12/13/1999 | Sold | $19,306$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,201 +8% | $112,700 +5.8% |
| 2024 | $2,037 +1.6% | $106,500 +8.6% |
| 2023 | $2,004 +35.8% | $98,100 +5.6% |
| 2022 | $1,476 +2.4% | $92,900 +31.6% |
| 2021 | $1,441 -3.3% | $70,600 -0.6% |
| 2020 | $1,489 -31.6% | $71,000 -2.2% |
| 2019 | $2,177 +26.5% | $72,600 +8.5% |
| 2018 | $1,721 +35.1% | $66,900 -0.3% |
| 2017 | $1,274 +16% | $67,100 +119.3% |
| 2016 | $1,098 -9.7% | $30,600 -49.7% |
| 2014 | $1,217 -2% | $60,800 -1.6% |
| 2013 | $1,241 -0.5% | $61,800 -0.5% |
| 2012 | $1,247 +6.6% | $62,100 +6.9% |
| 2011 | $1,170 -1.3% | $58,100 -1% |
| 2010 | $1,186 -2.6% | $58,700 -2.8% |
| 2009 | $1,217 +242.7% | $60,400 -3% |
| 2007 | $355 | $62,300 -4.7% |
| 2006 | -- | $65,400 +85.3% |
| 2005 | -- | $35,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46510
Nearby schools
GreatSchools rating
- 6/10Claypool Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 7/10Edgewood Middle SchoolGrades: 7-8Distance: 7 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Claypool
- Middle: Edgewood
- High: Warsaw
- District: Warsaw Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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