Residential Income For Sale

812 8th Street, DeMotte, Indiana

QR Code
Property Description

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!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA843723
Price : $524,900
Bedrooms : 8
Rooms : 16
Bathrooms : 8
Half Bathrooms : 4
Year Built : 1979
Lot Area : 36,373 Sqft
Status : Active
Acres : 0.835
Property Subtype 1 : Apartment
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : No
Parking : Paved, Driveway, Asphalt
Exterior Features : Rain Gutters
Interior Features : Laminate Counters
Appliances
Appliances : Range Hood, Refrigerator, Gas Range
Address Map
Country : US
State : IN
County : Jasper
City : DeMotte
Street : 8th
Street Number : 812
Street Suffix : Street
Postal Code : 46310
Floor Number : 0
Longitude : W88° 47' 27.9''
Latitude : N41° 11' 41''
Directions : US 231 (Halleck St.) to 9th St. SW Go west on 9th St. to intersection with Hickory St. SW. Turn right (north) and property is located on the NW corner of Hickory St. and 8th St. SW.
Subdivision : Hickory Lane Sub
Township : Keener
MLS Addon
Office Name : Countryside Realty
Listing Agent MLS ID : NRA6699
Listing Office MLS ID : NRA844
Annual Tax Amount : $2,463
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA843723
  • Bedrooms : 8
  • Bathrooms : 8
  • Lot Area : 36,373 Sqft
$524,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent