Description

Discover an excellent investment opportunity with this multi-building property featuring a total of 15 rentable units in the heart of Peru (8 one bedroom units and 7 two bedroom units). Spread across multiple structures, this property offers a strong blend of stability and value-add potential for any investor. Many of the units have been freshly painted within the last few years, and several feature updated flooring for improved durability and tenant appeal. Two of the buildings are equipped with long-lasting metal roofs, reducing future maintenance needs and providing added peace of mind. With a mix of month-to-month and long-term leases, this property offers both immediate income and room for strategic rent growth. A rare chance to acquire a multi-unit package with solid fundamentals and continued upside in a steady rental market.

Address

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Address: 371 & 383 W 12th Street
City: Peru
State/county: IN
Zip/Postal Code: 46970

Details

Updated on January 23, 2026 at 10:54 pm

Property ID 22080697
Price $650,000
Property Size 12306 Sqft
Land Area 1.52 Acres
Garages 2
Garage Size x x
Property Type Multi-Family 5+, Commercial Sale
Property Status Active

Additional details

Roof Metal,Shingle
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Cooling Window Unit(s)
Heating Baseboard,Electric,Forced Air,Natural Gas,Other
County Miami
Property Type Commercial Sale
Parking Gravel

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Contact Information

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Preeti Chaggar
+15109262125WhatsApp

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