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    Peru, IN Apartment Buildings for Sale

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    Denver, IN Macy, IN Logansport, IN
    Multi-Building Investment Property in Peru
    $650,000
    12,306 SF

    Multi-Building Investment Property in Peru

    371 West 12th Street, Peru, IN 46970

    Multi-building property with 15 units, offering income and growth potential.

    • Multi‑building property featuring 15 rentable units, a mix of one and two‑bedroom options.
    • Immediate income and rent growth potential with a mix of lease types.
    • Two buildings feature durable, long‑lasting metal roofs.
    • Many units are freshly painted and updated flooring in several.
    • Includes a below ground pool.
    Updated: Sep 29, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Peru, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    North Manchester Sevenplex Investment Property
    $439,000
    6,366 SF

    North Manchester Sevenplex Investment Property

    Well-maintained seven-unit apartment building with on-site laundry and parking.

    102 E 2ND Street, North Manchester, IN 46962
    View details
    Historic Apartments in Downtown Marion
    $2,500,000
    7,053 SF

    Historic Apartments in Downtown Marion

    Unique apartments in Marion's Riverfront District with bar/restaurant potential.

    215 E 3Rd Street, Marion, IN 46952
    View details
    Historic Main Street Commercial Opportunity
    $194,000
    0.11 Acres

    Historic Main Street Commercial Opportunity

    Two buildings with retail/office fronts and upper-level apartments.

    127 E Main Street, North Manchester, IN 46962
    View details
    Historic Building with Commercial Space
    $8,000,000
    15,000 SF

    Historic Building with Commercial Space

    Renovated historic building featuring commercial space and market-rate apartments.

    402 S Washington St, Marion, IN 46953
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details

    Peru, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Peru, IN on our real estate platform. These investment opportunities span a total of 12,306 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for two-family homes in Peru, IN start at $650,000, averaging $650,000, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 23K
    Population Growth (5Y) -1.1%
    Median Household Income $56,722
    College Educated 10.7%

    High-Yield Neighborhoods for Investment

    Identify Peru submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46970 $650K

    Taxes & Financing

    Tax Rate (average for all types) 2.43%
    Property Tax per SF $42.93 per sq ft
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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