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Property view

315-311 W Division Street, 
Oakland City, IN 47660

$40,000


3

Beds


1

Bath


980

Sq Ft


Multi-Family

Sold

Listed by

Ray Stallings

Dhi Realty Inc

MLS#

202616535

Source:

Indiana Regional MLS

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About This Home

315-311 W Division Street

3-parcel investment opportunity totaling approximately ±0.34 acre, and containing a site-built home, a manufactured home, and a potential homesite! Being sold together. All parcels are adjacent and occupy the northwest corner of Madison and Division Streets in Oakland City. The first parcel includes a 3-bedroom, 1-bath home with a basement. The interior has been partially gutted but still requires significant renovation to be livable. The second parcel has an older 2BR-1BA manufactured home that also needs some renovations. The third parcel is a vacant lot where a manufactured home previously sat. It may offer the potential for another homesite, subject to verification of utilities and zoning. All three parcels offer potential for rental income after improvements. Properties are being sold as-is.

Home Facts

Multi-Family

1 Bath

3 Bedrooms

Built in 1940

Subdivision & Development:

None

Price Summary

49,900

$50 per Sq. Ft.

MLS #:

202616535

Sold:

September 9, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

980 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,960 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$49,900

Price per Sq. Ft:

$50 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.