422 East Water Street, Unit AB

Portland, IN 47371

$134,900
Price
2
Beds
1
Bath
1
1/2 Bath
2,096 Sq. Ft.
$64 / Sq. Ft.
2,096
Sq. Ft.
$64
per Sq. Ft.

Description

This unique property seamlessly combines a small commercial space with a cozy 2-bedroom residential unit, offering the flexibility and convenience of a live-work setup. The commercial area features excellent visibility, ideal for attracting customers, and ample storage space to accommodate your inventory needs. Meanwhile, the attached 2-bedroom residence offers comfortable living quarters with large windows that fill the space with natural light, a spacious living room with gas fireplace, large utility...This unique property seamlessly combines a small commercial space with a cozy 2-bedroom residential unit, offering the flexibility and convenience of a live-work setup. The commercial area features excellent visibility, ideal for attracting customers, and ample storage space to accommodate your inventory needs. Meanwhile, the attached 2-bedroom residence offers comfortable living quarters with large windows that fill the space with natural light, a spacious living room with gas fireplace, large utility room, and beautiful hardwood floors throughout. Whether you're looking to stay close to your business or generate rental income, this property provides various options to suit your goals. Don't miss out on all the possibilities this great location has to offer!
  1. Listed by Paul Faddis • Tarter Realty Auction and Appraisal Company
  2. Listed by Jammie Michael • Tarter Realty Auction and Appraisal Company

Property Details for 422 East Water Street, Unit AB

Style
One Story
Architectural Style
Square
Subdivision
Other
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 11/01/2024 07:55 PM

Property Details for 422 East Water Street, Unit AB

StatusActive
MLS #202442467
Days on Market51
Taxes$1,404 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1895
Lot Size0.17 AC / 7,405 SF
CountyJay County

Building Information for 422 East Water Street, Unit AB

Stories1Residences1Year Built1895Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 422 East Water Street, Unit AB

Summary
Location and General Information
  • Area: Jay County
  • City: Portland
  • Zip Code: 47371
  • City Zoning: R8 Medium Density Residential District
  • State: IN
  • Township: Wayne
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Inside City Limits: Yes
  • Fips Code: 18075
  • Directions To Property: N on HWY 27 to Portland. Right on E Water St. Property is on the right.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 38-07-21-204-141.000-034
School Information
  • School District: Jay Schools
  • Elementary: East Jay
  • Middle School: Jay County
  • High School: Jay County
Parking
  • Number Of Parking Spaces: 6
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.17
  • Lot Dimensions: 55x132
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2096.0
  • Approx Lot Size Sqft: 7405.0
  • Above Grade Finished Sqft: 2096.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2096.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1895
  • Age: 129
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Fireplace, Countertops-Laminate, Water Heater Electric
  • Driveway: Asphalt
  • Exterior: Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Wood, Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 2
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 1
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 0
  • Number of Units: 1
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $0
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $-1,404
  • Annual Property Tax: $1,404
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $0
  • Gross Monthly Rent: $0
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 7
Rental
Rental Information
  • Lease Term: Other
  • Owner Pays: Other
  • Tenant Pays: Other

Property History for 422 East Water Street, Unit AB

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 422 East Water Street, Unit AB

This home is within Jay School Corp.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 12
Public - 6 to 8
Public - 3 to 6
Rating
School
Distance
East Elementary School
PublicK to 2

Jay County High School
Public7 to 12

East Jay County Middle School
Public6 to 8

General Shanks Elementary School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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422 East Water Street, Unit AB is a multi-family home for sale in Portland, IN 47371. This property was listed for sale on November 1, 2024 by Tarter Realty Auction and Appraisal Company, it's currently listed at $134,900. This listing's school district is Jay School Corp. Nearby schools include East Elementary School, Jay County High School and East Jay County Middle School. 422 East Water Street, Unit AB is a 2-bed, 1.5-bath, 2,096 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tarter Realty Auction and Appraisal Company

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.