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305 S Clay Street, 
Claypool, IN 46510

$129,900


4

Beds


2

Baths


1,728

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Darren Carnes

Homes Land & Lakes Realty

Last updated:

August 25, 2026, 07:51 AM

MLS#

202630280

Source:

Indiana Regional MLS

About This Home

305 S Clay Street

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!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1999

Subdivision & Development:

None

Price Summary

129,900

$75 per Sq. Ft.

MLS #:

202630280

Last Updated:

August 25, 2026, 07:51 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,728 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

1,728 Sq. Ft.

Year Built:

1999


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$129,900

Price per Sq. Ft:

$75 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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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.