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220 S Walnut Street, 
Atlanta, IN 46031

$551,998

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Kristopher Elliott

Booker Realty

317-984-3994

Last updated:

October 2, 2025, 10:46 PM

MLS#

22052890

Source:

IN MIBOR

About This Home

220 S Walnut Street

This well-maintained triplex property at 220 S Walnut St offers a strong investment opportunity in the quiet, rental-friendly town of Atlanta, Indiana. Each unit in this ranch-style triplex features 2 bedrooms and 1 bathroom, providing comfortable living space for tenants and a solid cash flow opportunity for investors. Each unit includes spacious layouts, updated flooring, and full kitchens with appliances. Tenants enjoy ample off-street parking, private entrances, and a low-maintenance exterior with vinyl siding and newer windows. The property's layout and condition make it attractive to long-term renters looking for space and affordability-without sacrificing comfort. Whether you're expanding your portfolio or looking for a first multifamily investment, 220 S Walnut St delivers reliable income, long-term upside, and ease of management in a stable rental market. This purchase includes BLC #22052877 and BLC #22052890 for a total of two properties containing 5 rental units.

Home Facts

Multi-Family

Built in 1988

Price Summary

551,998

MLS #:

22052890

Last Updated:

October 2, 2025, 10:46 PM

Added:

5 month(s) ago

Structure

Structure

Architectural Style:

Ranch

Year Built:

1988

Lot

Lot Size (Sq. Ft):

9,147

Finances & Disclosures

Finances

Price:

$551,998

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.