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  • $145,000

    481 Alena St, Wabash, IN 46992

    6beds
    2,400sqft
    Triplex
    Built in 1930
    -- sqft lot
    $147,400 Zestimate®
    $--/sqft
    $1,086 Estimated rent

    Home value

    $147,400

    Estimated sales range

    Not available

    $1,086/mo

    Zestimate® history
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    Rent Zestimate®

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    $882/mo

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    $882/mo

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    What's special

    Investors seeking immediate rental income, look no further! This fully occupied 3-unit apartment building presents a stable income opportunity. All units are currently leased, minimizing vacancy risk. The property offers two 1-bedroom units’ downstairs and a large 4-bedroom unit upstairs. You will have peace of mind knowing the gas furnace was replaced in 2022. Currently, the owner covers lawncare, gas, water, & sewer while the tenants cover their own electricity.

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 07:37pm

    Listed by:

    Nicole Harrison nkuyper@kw.com,

    Keller Williams Realty Group

    Bought with:

    Nicole Harrison

    Keller Williams Realty Group

    Source: IRMLS,MLS#: 202508276MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Laminate Counters
    • Flooring: Laminate, Wood
    • Basement: Full
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,662 sqft
    • Dimensions: 51x113
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 851440203004.000009

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Basement
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Duke Energy Indiana
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Indiana American Water Co

    Community & neighborhood

    Location
    • Region: Wabash
    • Subdivision: Other

    HOA & financial

    Other financial information
    • Total actual rent: 27900

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/14/2025Sold$145,000-3.3%
    Source: IRMLS #202508276 Report a problem
    6/30/2025Pending sale$150,000
    Source: IRMLS #202508276 Report a problem
    3/14/2025Listed for sale$150,000-28.6%
    Source: IRMLS #202508276 Report a problem
    8/31/2022Listing removed--
    Source: MIBOR as distributed by MLS GRID #21875455 Report a problem
    8/7/2022Listed for sale$210,000+250.6%$88/sqft
    Source: MIBOR as distributed by MLS GRID #21875455 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,473 -18.7%$76,100 +3.4%
    2023$1,811 +11.6%$73,600 -18.7%
    2022$1,623 +1.8%$90,500 +11.6%

    Find assessor info on the county website

    Neighborhood: 46992

    Nearby schools

    GreatSchools rating
    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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