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Rensselaer, IN Multifamily Home for Sale

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    $599,000

    • 3,730 Sq Ft

    226 E Washington St, Rensselaer, IN 47978

    ***Investment Opportunity*** ***Immediate Passive Income***Great opportunity to expand your real estate portfolio with this completely remodeled 4 unit. Enjoy the benefits of passive income for years to come! Every inch of this property has been remodeled with quality work, craftsmanship, and high end materials and finishes, including spray foam insulation, energy star windows, high efficiency

    Trisha Potts RE/MAX Executives

    226 E Washington St, Rensselaer, IN 47978

Why Live in Rensselaer

Located off Interstate 65 and surrounded by miles of farmland, Rensselaer is a blink-and-miss-it rural city. But those who stop in the county seat of Jasper County are welcomed by warm people, a charming downtown and desirable features for many lifestyles. "I was born and raised here, moved away for a few years and then came back because this is the best place to live and the people are all welcoming," says Mayor Jeff Phillips. "Rensselaer also has a bit of everything despite being a smaller city." Riverside parks, ample employers and a collection of restaurants and shops draw new families and keep long-time locals around. "The biggest attraction you're going to find here, though, is the safety and security," says Phillips, the former police chief before becoming mayor. "If you want to raise your family in a nice and safe community with good schools, this is the perfect location." Single-family homes make up most of the area, but a few condos built in the past 20 years sell between $120,000 and $310,000. "We're trying to increase our inventory of all styles," Phillips says. "We hope to have all types of housing for different income levels and stages of life." Victorian-era

Home Trends in Rensselaer, IN

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$249,900
Average Price Per Sq Ft
$131
Number of Homes for Sale
1
Last 12 months Home Sales
11
Months of Supply
1.10
Median List Price
$257,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
58%
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