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501 S Race Street Princeton, IN 47670

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For Sale
$250,000

Duplex - Princeton, IN

Type:Duplex
Property size:
1,800 SF
Lot size:
0.16 Acres
Price / SF:
$138/SF
Added:
Apr 20, 2026
Days on Market:
3
Last Refresh:
Apr 22 at 7:06 am

Property Features for 501 S Race Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry
Parking features
Paved or Surfaced
Patio and Porch features
Porch
EntryLevel
Main
Exterior features
Ceiling Fan, Off Street Parking, Bar, Cable Available, Countertops-laminate, Detector-smoke, Eat-in Kitchen, Foyer Entry, Kitchen Island, Open Floor Plan, Porch Covered, Water Heater Electric, Washer Hook-up, Custom Cabinetry, None
Appliances
Dishwasher, Dryer, Microwave, Range, Washer
Standard status
Active
APN
26-12-07-403-002.729-028
Size
1,800 SF
Lot size
0.16 Acres

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Floors in Building
1
Number of units
2
Flooring type
Other
Roof type
Metal
Architectural style
Other

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Listing Contact
Anita Waldroup
Anita Waldroup

Listing agent Anita Waldroup License #RB14028427

Listing office F.C. TUCKER EMGE 1105 S Main Street, Suite A, Evansville, IN

Listing date Apr 20, 2026

MLS# 202613998 Listing URL

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.


Overview

Princeton Duplex Investment Opportunity

This property features two custom-built duplexes located in Princeton, Indiana. Each unit offers an open floor plan encompassing the living room, dining area, and kitchen, complete with a bar for seating. Each unit includes 2 bedrooms, 1 bathroom, and a laundry room. Upon entry, a coat closet is available, along with additional closets throughout. A washer and dryer are provided in the laundry room, which also has an exit door. The property includes a parking pad for each tenant in front of the building. The lot size is 0.16 acres. The property size is 1800 square feet. Current tenants are mostly on month-to-month leases and have resided at the property for an extended period. There are restrictions of no smoking and no pets. One tenant in each building takes care of the yard with the owner discounting their rent.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Princeton
County
Gibson
State
Indiana
Longitude
-87.562879
Latitude
38.350758

FAQs

What type of property is this?
Duplex - Two custom-built duplexes in Princeton, Indiana, ideal for investment.
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 $250,000.
What are key features of this property?
This property features: Two Duplexes Included in Sale: An excellent investment opportunity.; Custom Amish Built: Benefit from high‑quality construction.; Open Floor Plan: Enjoy the modern open concept design.
More about this property
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