Kim Porter
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812 8th Street SE
Demotte, IN 46310

$524,900 - Status: Active
MLS# 843723

Opportunity knocks! This fully occupied, four-unit apartment building is a great acquisition for your investment portfolio. Offered for sale by the original owner, the building is situated on an oversized corner lot and has been well maintained, including a brand-new roof installed in 2024.Each of the four units features a highly functional layout. The main floor offers a spacious living room, a half bath, dedicated laundry hookups, and an open kitchen equipped with a refrigerator, stove, and range hood. Sliding doors off the kitchen lead to a private rear patio. Upstairs, each unit provides two comfortable bedrooms and a full bathroom. Current rents are below market value, and all tenants are currently on month-to-month leases. This gives you the immediate opportunity to adjust rates or implement your own leasing structure to maximize cash flow . Multi-unit properties with this much upside and strong pride of ownership rarely hit the market--schedule your investment tour today!

Property Features

MLS#: 843723
Zip: 46310
Subdivision: Hickory Lane Sub
Development: Keener
Property Type: Multi Unit - Multiple
Days on Site: 1
Heating: Forced Air, Natural Gas
Lot Size: 0.84 acres
Stories: 2.0
Taxes: $2,463
Year Built: 1979

Appliances

Gas Range
Range Hood
Refrigerator

Feature Descriptions

Exterior Features: Rain Gutters
Interior Features: Laminate Counters
Lot Description: Back Yard, Corner Lot
Parking Features: Asphalt, Paved, Driveway
Rent Includes: Sewer, Trash Collection
Rooms Total: 16
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public

Local Schools

School District: Kankakee Valley

812 8th Street SE | MLS# 843723

This multi-family property located at 812 8th Street SE , Demotte, IN 46310 is currently listed for sale with an asking price of $524,900. 8th Street SE is located within the Kankakee Valley school district. Search Demotte real estate on www.kimyourrealtor.com today.

Listed By / Shown By

Listed By

Agency Name: Countryside Realty
Agency Phone: (219) 987-7355

Shown By

Agent Name: Kim Porter
Agent Phone: (219) 878-3328
Agency Title: Coldwell Banker 1st Choice

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AGENT INFORMATION

Coldwell Banker 1st Choice Kim Porter (219) 878-3328

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