Investors seeking immediate rental income, look no further! This well-maintained triplex in Wabash, Indiana boasts three fully occupied units with flexible month-to-month leases. Two spacious one-bedroom units and a comfortable two-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven, and access to washer and dryer facilities. Central air plus gas-forced heating ensures comfort. Two off-street parking spots offer convenient parking, while an on-site garage provides ample storage for the owner. The building has 1 meter per utility with the owner currently covering all utilities and lawncare. Future rent adjustments and utility RUBS offer further income potential. This turnkey investment boasts established tenants and excellent income – a perfect addition to any investor's portfolio. The property is sold as-is.
Closed
$160,000
541 W Hill St, Wabash, IN 46992
5beds
3,036sqft
Triplex
Built in 1910
-- sqft lot
$182,700 Zestimate®
$--/sqft
$1,170 Estimated rent
Home value
$182,700
$152,000 - $212,000
$1,170/mo
Zestimate® history
Owner options
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$1,170/mo
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$1,170/mo
Rent Zestimate®
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$980/mo
Est. payment
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$980/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jordan Wildman Home:260-498-0384,
eXp Realty, LLC
Bought with:
Amanda Zumbrun, RB22002029
Siders Premiere Properties, LLC
Source: IRMLS,MLS#: 202419412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Mixed
- Basement: Full
Interior area
- Total structure area: 4,554
- Total interior livable area: 3,036 sqft
- Finished area above ground: 3,036
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Story
- Stories: 3
Lot
- Size: 8,712 sqft
- Dimensions: 66X132
- Features: Level
Details
- Additional structures: None
- Parcel number: 851440402128.000009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Wabash
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 29900
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $160,000-11.1% |
Source:  IRMLS #202419412 Report a problem | ||
| 5/31/2024 | Listed for sale | $179,900 |
Source: IRMLS #202419412 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,162 +1.7% | $176,100 +11.4% |
| 2024 | $3,108 +11.6% | $158,100 +1.7% |
| 2023 | $2,786 +18.5% | $155,400 +11.6% |
| 2022 | $2,352 +174.1% | $139,300 +18.5% |
| 2021 | $858 +1.9% | $117,600 +174.1% |
| 2020 | $842 +2.7% | $42,900 +1.9% |
| 2019 | $820 -46.4% | $42,100 +2.7% |
| 2018 | $1,530 +1.7% | $41,000 -46.4% |
| 2017 | $1,504 | $76,500 -0.3% |
| 2016 | $1,504 +3.7% | $76,700 +0.9% |
| 2014 | $1,450 -2.7% | $76,000 +2% |
| 2013 | $1,490 +11.6% | $74,500 +3.5% |
| 2012 | $1,335 -8.7% | $72,000 -1.5% |
| 2011 | $1,462 -17.4% | $73,100 -17.6% |
| 2010 | $1,769 +13.6% | $88,700 +0.9% |
| 2009 | $1,557 -31% | $87,900 -2.5% |
| 2007 | $2,257 -5.1% | $90,200 |
| 2006 | $2,378 | $90,200 +2.6% |
| 2005 | -- | $87,900 |
Find assessor info on the county website
Neighborhood: 46992
Nearby schools
GreatSchools rating
- 5/10Wabash Middle SchoolGrades: 5-8Distance: 0.7 mi
- 7/10Wabash High SchoolGrades: 9-12Distance: 0.7 mi
- 5/10O J Neighbours Elementary SchoolGrades: PK-4Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: OJ Neighbors
- Middle: Wabash
- High: Wabash
- District: Wabash City Schools
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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- Indiana
- Wabash County
- Wabash
- 46992
- 541 W Hill St
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