#202507696, Terri Phegley, Listing Office: Cornerstone Real Estate Agency
701-703 N College Ave Rensselaer, IN 47978
Property details
About 701-703 N College Ave
Incredible investment opportunity, long established as a very successful cash flowing 5-star AirBnB short term rental. This meticulously maintained, nearly new, duplex was built in 2012. Each unit features an open concept 2 bed, 1 bath design. Heated ceramic tile floors in the bathroom. All appliances can stay, furnishings negotiable. Easily continue operating as the AirBnB, or make one unit a primary residence, or both units as long term rentals - whichever suits your preferences. Each unit comes with an attached 20x13 garage, vinyl privacy fence, and patio. Near downtown Rensselaer, the county court house, restaurants, and only 3 miles to I-65. Showing availability will be based on tenant vacancies. Call to schedule today!
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Exterior: Vinyl
- Heating: Forced Air
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $219
- Lot: Level
- Directions: GPS Friendly.
- Year Built: 2012
- Lot Size: 0.215 Acres
- MLS Number: 202510386
- Office Name: Redlow Group
- Listing Agent: Cody Miller
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$399,000
701-703 N College Ave
$4,738
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
8
Van Rensselaer Elementary School
Public District 2-5
0.9 mi
•902 E Washington St
5
Tri-County Intermediate School
Public District 3-6
13.3 mi
•200 W North St
5
South Newton Elementary School
Public District PK-5
14.8 mi
•13188 S 50 E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,968. The most common annual income of people living in Rensselaer, IN is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
About 701-703 N College Ave
The listing price of 701-703 N College Ave property is $399,000.
The property 701-703 N College Ave is a house located in Rensselaer, Indiana, 47978.
Active Listing: 701-703 N College Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701-703 N College Ave are: Van Rensselaer Elementary School (GreatSchools Rating 8/10), Tri-County Intermediate School (GreatSchools Rating 5/10), South Newton Elementary School (GreatSchools Rating 5/10), Rensselaer Middle School (GreatSchools Rating 5/10), South Newton Middle School (GreatSchools Rating 5/10), North White Middle School (GreatSchools Rating 4/10), Rensselaer Central High School (GreatSchools Rating 5/10), Tri-County Jr/Sr High School (GreatSchools Rating 7/10), South Newton Senior High School (GreatSchools Rating 3/10).
The property at 701-703 N College Ave has 4 bedrooms and 2 bathrooms.
The year of construction for 701-703 N College Ave is 2012.
This home is located at 701-703 N College Ave in Rensselaer, IN and zip code 47978. This home, which was built in 2012, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $399,000.