About 701-703 N College Avenue
Excellent Investment Opportunity! This well-maintained, fully furnished duplex offers established rental income and a convenient location. Both units are furnished and ready for continued use, providing added value and convenience for the next owner. Each unit offers a living room, dining area, fully-applianced kitchen, tiled bathroom w/heated floors, 2 bedrooms, & 1 car att. garage. Also, each patio door leads to their own private outdoor patio space, making this property an attractive option for an investor seeking an income-producing property. The property also provides flexibility for an owner-occupant who may choose to live in one unit while renting the other. In addition, future strategy potential exists to explore possibly a condominium conversion. Conveniently located on a corner lot in town, just off the I-65/SR 114 corridor, this property combines location, condition, furnishings, & income potential. Whether you're looking to expand an investment portfolio, pursue an owner-occupied strategy, or explore the potential for future condominium conversion and separate sale, this property offers multiple possibilities.
Features of 701-703 N College Avenue
| MLS® # | 844081 |
|---|---|
| Price | $369,900 |
| Bedrooms | 4 |
| Bathrooms | 0.00 |
| Acres | 0.18 |
| Year Built | 2012 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 701-703 N College Avenue |
|---|---|
| Subdivision | Thompsons Add |
| City | Rensselaer |
| County | Jasper |
| State | IN |
| Zip Code | 47978 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking | Concrete, Garage Door Opener, Attached, Garage Faces Front, Driveway |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Other |
|---|---|
| Appliances | Dryer, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher |
| Heating | Forced Air, Unit Control, Natural Gas |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Other, Private Yard |
|---|---|
| Lot Description | Corner Lot, Rectangular Lot, Landscaped |
School Information
| District | Rensselaer Central |
|---|
Additional Information
| Date Listed | August 20th, 2026 |
|---|---|
| Zoning | Residential |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Noelle Weishaar |
|---|---|
| Office | Jenkins Real Estate, Inc. |