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501 S Race Street, Princeton, IN, 47670
Two Duplexes Residential Income

501 S Race Street Princeton, IN 47670

For Sale
$234,555

MULTI_FAMILY - Princeton, IN

Property Size1,800 SF
Lot Size0.16 Acres
Price / SF$130.31
Days on Market100

Property Features for 501 S Race Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
Parking 2
Standard status Active
APN 26-12-07-403-002.729-028
Size 1,800 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description SUMMERS ADD 36
Tax Annual Amount 1078

Utilities

Cooling system Central Air

Building Details

Year built 2024
Floors in Building 1
Number of units 2
Roof type Metal
Architectural style Other
Listing Agency: F.C. TUCKER EMGE
Listed By: Anita Waldroup · License #RB14028427
Added: Apr 20 Changed: Jul 24 Last Checked: Jul 28 at 3:06PM
MLS# 202613998

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering includes two duplex properties located in Princeton, each custom built by the Amish. Both duplexes feature an open floor plan with a living room, dining area, and kitchen. Each unit is configured with two bedrooms, one bathroom, and a laundry room that includes a washer and dryer, along with an exit door. Interior storage includes a coat closet at entry and multiple additional closets throughout the units. Tenant restrictions noted include no smoking and no pets.

Each duplex is described with street addresses on Race St and Prince St, and each tenant is assigned a parking pad in front of the building. Yard care is handled by the tenants, with the owner providing a rent discount for the yard work.

Current leasing status is described as one tenant month-to-month and the second lease running through 07/31/27. Additional lease detail can be provided by calling the Realtor for a breakdown.

Key Highlights

  • Two duplexes in Princeton, custom built by the Amish in 2024
  • Each duplex unit features 2 bedrooms and 1 bathroom with an open living, dining, and kitchen layout
  • Each unit includes a laundry room with washer & dryer and an exit door

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Kitchen & Bath Showroom Parking Lot & Garage Nail Salon Bakery Real Estate Agency

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two custom-built duplexes offer two-bedroom, one-bath units with in-unit laundry and separate tenant parking pads.
Where is this duplex located?
The property is located at 501 S Race Street Princeton, IN.
What is the asking price?
The asking price for this property is $234,555.
What are key features of this property?
This property features: Two duplexes in Princeton, custom built by the Amish in 2024; Each duplex unit features 2 bedrooms and 1 bathroom with an open living, dining, and kitchen layout; Each unit includes a laundry room with washer & dryer and an exit door
More about this property
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