422 E Water St # A-B, Portland, IN 47371

$134,900 Asking Price

2 beds
2 baths
1,136  sqft
Built in 1895

This unique property seamlessly combines a small commercial space with a cozy 2-bedroom residential unit, offering the flexibility and convenience of a live-work setup. The commercial area features excellent visibility, ideal for attracting customers, and ample storage space to accommodate your inventory needs. Meanwhile, the attached 2-bedroom residence offers comfortable living quarters with large windows that fill the space with natural light, a spacious living room with gas fireplace, large utility room, and beautiful hardwood floors throughout. Whether you're looking to stay close to your business or generate rental income, this property provides various options to suit your goals. Don't miss out on all the possibilities this great location has to offer!

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Hardwood Floors,Carpet,Tile,Vinyl
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Gas Log, Fireplace, Fireplaces: 1

Exterior

General:
Vinyl

Construction

General:
One Story, Crawl

Location

HOA Amenities:
Not Applicable
School District:
Jay Schools

Lot

Driveway:
Asphalt
Zoning:
R8 Medium Density Residential District, 55' S PT OF LOTS 11 & 12 GRIFFITHS ADD, 38-07-21-204-141.000-034

Utilities

Water:
City

This listing courtesy of:
Tarter Realty Auction and Appraisal Company, Paul Faddis

About Portland, IN

Housing

Number of Units
5,507
Median Home Value
$104,732
Median Rent
$512

28.29% of housing units are renter occupied.

9.85% are vacant.

Commute

Car
88.94%
Public Transportation
0.27%
Walk to Work
1.88%
Work from Home
7.91%
Other
0.58%

The median travel time to work is 18 minutes.

People

Population
12,511
Median Age
39.90
Median Household Size
2.54

Education

High School
47.02%
Associate’s Degree
10.05%
Bachelor’s Degree
7.69%
Graduate Degree
5.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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