371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
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Samantha Riddle

Samantha Riddle

+1(765) 918-7517
Listed by Cherie Smith • True Realty
$ 630,000
Est. payment | /mo

12,306 SqFt

Save
$ 630,000
Est. payment | /mo
Save

12,306 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 12,306 sqft

Price per Sqft $51

MLS Listing ID 22080697

Tax Year 2024

Lot Size 1.520 Acres

Acres 1.52

Property Sub-Type Multi-Family 5+

Property 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.

Location

State IN

County Miami

Zoning Commercial

Interior

Heating Baseboard, Electric, Forced Air, Natural Gas, Other

Cooling Window Unit(s)

Fireplace N

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N false

Roof Type Metal,Shingle

Building

Story Other

Foundation Cellar, Crawl Space, Slab

New Construction false

Schools

School District Peru Community Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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371 & 383 W 12th ST