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$150,000
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Property Description
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!
Full Property Details
Full Property Details for 801 N Matheson Ave
General
- Sold For: $150,000
- Taxes: $1,558 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 834802
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Eat-in Kitchen
- Appliances: Dryer, Washer, Range Hood, Refrigerator, Other, Microwave, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Driveway, Gravel
Location
- County: Jasper
- Township: Marion
- Subdivision: Grahams 2nd Add
- Driving Directions: I65 to St Rd 114, head east towards Rensselaer, turn North on Matheson to the building on the right.
School Information
- High School District: Rensselaer Central
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Features: Rectangular Lot
Financial Considerations
- Tax Amount: $1,558.78
- Tax Year: 2024
- Terms: Cash, FHA, Conventional
Disclosures and Reports
- Legal Description: PT SW SW 19 29 6 .24A
- Property ID: 370719000050000027
Listed by Countryside Realty
Sold by Non-Member MLS Office
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Schools
Schools serving 801 N Matheson Ave
School District:Rensselaer Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Rensselaer Central Primary School 1144 North Melville Street, Rensselaer, IN 47978 | PK-4 | 1 mi |
Van Rensselaer Elementary School 902 East Washington Street, Rensselaer, IN 47978 | 3-5 | 1.1 mi |
Rensselaer Middle School 1106 Bomber Boulevard, Rensselaer, IN 47978 | 6-8 | 1.3 mi |
Rensselaer Central High School 1106 East Grace Street, Rensselaer, IN 47978 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 801 N Matheson Ave
Date
Details
Price
Change
Source
4/10/2026
Sold
$150,000
-11.71%
MLS
3/03/2026
Listed
$169,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
801 N Matheson Avenue, Rensselaer, IN 47978 (MLS# 834802) is a Multi-Family property that was sold at $150,000 on April 10, 2026. Want to learn more about 801 N Matheson Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rensselaer? You can browse all Rensselaer real estate or contact a Coldwell Banker agent to request more information.

