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371 & 383 W 12th Street

Peru, IN 46970
  • $650,000
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: 22080697
$650,000
  • 0
    BEDS
  • 1.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

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.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/172288522
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371 & 383 W 12th Street Peru, IN 46970

  • Price: $650,000
  • Status: Active
  • On Site: 147 Days
  • MLS #: 22080697
0
Beds
0
Baths
0
½ Baths
1.52
Acres
Neighborhood:
5206 - Miami - Peru
County:
Miami
Area:
5206 - Miami - Peru
School District:
Peru Community Schools
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.
Exterior Features

Foundation Details CellarCrawl SpaceSlab Levels Other Parking Features Gravel Roof MetalShingle Structure Type Apartment BuildingDuplexFreeStand View YN No Waterfront YN No

Interior Features

Building Area Total 12306 Cooling Window Unit(s) Heating BaseboardElectricForced AirNatural GasOther

Property Features

Acres 1-3 Acres Current Use Residential Divisible No Dpr YN No Multi Tenants Yes Net Operating Income 71244 New Construction YN No Number Of Units Total 15 Owner Pays GasIns HazardInsuranceTaxesSewerTrash CollectionWater Possession Subject to Tenant Rights Possible Use Residential Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 3120 Solid Waste No Space Available 12306 Sprinkler None Tax Exemption None Tax Year 2024 Tenant Pays Cable TVElectricityGasInsurance Township Peru Transaction Type Sale Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Commercial

Listing provided courtesy of True Realty: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
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Indianapolis IN, 46237