601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
601 S Walnut ST, Mount Summit, IN 47361
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Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Real Broker, LLC
$ 455,000
Est. payment | /mo

7 Beds

7 Baths

3,348 SqFt

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$ 455,000
Est. payment | /mo
Save Virtual Tour

7 Beds

7 Baths

3,348 SqFt

Key Details

Property Type Multi-Family

Sub Type Sevenplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

MLS Listing ID IRM202628922

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1960

Annual Tax Amount $4,494

Tax Year 2026

Lot Size 0.537 Acres

Acres 0.537

Lot Dimensions 179 x 130

Property Sub-Type Sevenplex

Property Description

CAP RATE of 9.7%. Turnkey 7-UNIT investment opportunity in this fully occupied, one-level apartment building conveniently located in Mount Summit, IN. Built in 1960, it has a total 3,348 square feet of living area resting on a spacious .537 acre lot. Six of the units are 1 bedroom, one-bathroom and approximately 500 SF each. The 7th unit is an efficiency unit with approximately 350 SF of living space. The spacious lot allows for tenant parking on property. Recent updates include a spacious deck for outdoor gatherings, fresh exterior paint, and coin-op laundry machines. Owner pays all utilities and maintenance. Tenant's rights apply. (*interior photos have been digitally altered to remove some personal items)

Location

State IN

County Henry County

Rooms

Basement Slab

Interior

Heating Electric

Inclusions Building, Land

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 16

Building

Lot Description Level

Story One

Sewer Public Sewer

Water City

Level or Stories One

New Construction No

Schools

Elementary Schools Blue River Valley

Middle Schools Blue River Valley

High Schools Blue River Valley

School District Blue River Valley Schools

Others

Pets Allowed No

Tax ID 33-07-21-240-241.000-022

Acceptable Financing IRM202628922

Listing Terms IRM202628922

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628922

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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601 S Walnut ST

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Kegan Inman
Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

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