Looking to add an affordable duplex rental building to your 2026 investment portfolio? Well, here you go! This ranch style duplex offers a full brick and stone exterior with covered porches for each unit. The identical units each offer 897 sqft with an eat in kitchen w/ a laundry closet , a living room, 2 bedrooms and 1 full bath each. ** Unit 801.5 is currently vacant and just been remodeled. With this being vacant, it offers great opportunities for owner occupants to live in half and rent the other or select a new tenant for yourself immediately after closing. **Unit 801 has a 10+ year tenant that is currently renting on a month to month basis for 590/month ( below market value). There is a ton of potential with this building, conveniently located between town and I65 access!
Closed
$150,000
801 N Matheson Ave, Rensselaer, IN 47978
4beds
--sqft
Duplex
Built in 1975
-- sqft lot
$163,600 Zestimate®
$--/sqft
$1,119 Estimated rent
Home value
$163,600
$155,000 - $172,000
$1,119/mo
Zestimate® history
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Owner options
List your home for rent
$1,119/mo
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Learn more$1,119/mo
Rent Zestimate®
Refinance and save
$891/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2026 at 12:16pm
Listed by:
Daniel Walstra,
Countryside Realty 219-987-7355
Bought with:
Non-Member Agent
Non-Member MLS Office
Source: NIRA as distributed by MLS GRID,MLS#: 834802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Washer, Range Hood, Refrigerator, Other, Microwave, Electric Range
- Laundry: Main Level
Features
- Eat-in Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Finished area above ground: 1,794
Property
Parking
- Parking features: Driveway, Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,454 sqft
- Features: Rectangular Lot
Details
- Parcel number: 370719000050000027
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Rensselaer
- Subdivision: Grahams 2nd Add
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $150,000-11.7% |
Source:  NIRA as distributed by MLS GRID #834802 Report a problem | ||
| 3/13/2026 | Pending sale | $169,900 |
Source: NIRA as distributed by MLS GRID #834802 Report a problem | ||
| 3/3/2026 | Listed for sale | $169,900+97% |
Source: NIRA as distributed by MLS GRID #834802 Report a problem | ||
| 2/3/2012 | Sold | $86,238 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,544 -0.9% | $132,300 +4.7% |
| 2023 | $1,558 +15.6% | $126,400 +4.1% |
| 2022 | $1,348 -1.9% | $121,400 +25.7% |
Find assessor info on the county website
Neighborhood: 47978
Nearby schools
GreatSchools rating
- NARensselaer Central Primary SchoolGrades: PK-2Distance: 1 mi
- 6/10Rensselaer Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 1.4 mi
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- Indiana
- Jasper County
- Rensselaer
- 47978
- 801 N Matheson Ave