Data Source Brokerage:

    Continental Real Estate Group, Inc logo

    Continental Real Estate Group, Inc

    228 S Madison St, Knightstown, IN 46148

    $120,000

    Active

    4 days ago

    7 beds
    3.5 baths
    3,820 sq ft
    Built in 1950

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Justin Lowe, RB19001645, Ellsbury Group

    Source: MIBOR REALTORĀ® Association, #22098161, last updated on 4/28/2026

    About this property

    This triplex located at 228 South Madison Street in Knightstown, Indiana. Built in 1950, the property features three units with efficient layouts and offers significant value-add potential. With one unit already renovated and ready for immediate occupancy, an investor can generate rental income...

    Redfin
    Redfin listing
    Zillow listing
    Google maps

    Powered by

    Bigger Pockets logo

    Be ready to buy

    LendingOne logo

    DSCRĀ best rate guarantee1

    Flexible financing, easy apply

    Explore loan options
    Steadily logo

    Better landlord insurance

    Neighborhood

    5 / 10

    Knightstown Intermediate School

    5 / 10

    Knightstown Intermediate School

    4 / 10

    Knightstown High School

    Provided by

    Rent comps

    Comparable rent properties
    Address
    Status
    Listed rent
    Listed rent / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built

    Sale comps

    Comparable sale properties
    Address
    Status
    Price
    Price / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    šŸš€ POWERED BY
    Roofstock Logo

    1 Rate Guarantee. LendingOne will match the interest rate of a competing national private DSCR loan, provided (i) the competing loan has substantially similar origination fees and qualifying credit criteria within reasonable industry standards, such as credit score, LTV, experience, property value and other related metrics, and (ii) they are presented with a formal, written quote, or term sheet document (i.e., not an email) from a national private lender dated within ten (10) business days of submission to LendingOne. The competing rate will be adjusted based on where the 5-Year Treasury Rate was at the time of issuance to the rate on the date of submission to LendingOne and for any rate buydowns.

    DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Stessa strives to maintain accurate and up to date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including its availability and any leasing conditions, with the listing agent or property owner before making any decisions. Stessa is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Stessa nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved. Certain real estate content on our website is provided courtesy of the Multiple Listing Service (MLS), as indicated by the ā€œSourceā€ on each listing.

    Terms of servicePrivacy policyResponsible disclosure policyOpen-source software license informationDo not sell my personal information

    (c) 2026 Stessa, Inc. All rights reserved.

    Property details
    Interior

    Heating

    • Natural Gas, Baseboard

    Features

    • Has basement: Yes
    Property

    Features

    • Levels: One and One Half

    Lot

    • Size: 0.17 Acres

    Details

    • Parcel number: 331633430415000030
    Construction

    Type & style

    • Home type: Residential Income
    • Property subtype: Triplex

    Materials

    • Brick, Stucco

    Condition

    • New construction: No
    • Year built: 1950

    Financial & listing details

    • Price per square foot: $31
    • Days on market: 3
    • Cumulative days on market: 3

    Neighborhood score

    3.5 / 5

    School score

    4.7 / 10

    Crime score

    1 / 10