413 S Main Street, Lapel, IN 46015

Property Description

Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you're looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don't miss your chance to own a versatile income-producing property with proven rental history and long-term potential.

Listing Status:

Pending

Data Last Updated:

July 5, 2026 at 1:20PM

Listing Office:

Stone & Gable Realty : 317-538-3226

Listing Agent:

Ray Podesta : 317-538-3226

MLS ID:

22109439

Exterior

• Style: Bungalow

Construction

• General: Bungalow

Location

• Originating MLS: mibor
• School District: Frankton-Lapel Community Schools
• County: Madison

Lot

• Zoning: Woodwards 5th 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:481028401120000032
• Current Use: Residential

Financial

• Source: mibor