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Two-Duplex Multifamily Property
For Sale
$229,555

1020 S Prince St, Princeton, IN 47670

Two-bedroom units feature open living, dining, and kitchen areas, private laundry rooms, and tenant parking pads.

Property Size1,800 SF
Price / SF$127.53
Days on Market37

Property Features for 1020 S Prince St

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 2019
Buildings 2
Listing Agency: F.C. TUCKER EMGE
Listed By: Anita Waldroup · License #RB14028427
Source: Spencerchildersgroup
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 29 at 1:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. TUCKER EMGE

Investment Insights

Based on property information with market context.

This multifamily offering includes two duplex buildings completed in 2019, with four residential units overall. Each unit has two bedrooms, one bathroom, a living room, dining area, kitchen, laundry room, coat closet, and additional storage throughout. The open arrangement connects the main living spaces, while a kitchen bar provides seating. Washers and dryers are provided, and each laundry room has an exterior exit. The buildings are custom built by the Amish.

The property is located at 1020 S Prince St in Princeton, Indiana. Each tenant has access to a parking pad in front of the building. Current lease terms include one lease running through 11/01/26 and another running through 07/31/27. The property also carries no-smoking and no-pet restrictions.

Key Highlights

  • Two duplex buildings completed in 2019
  • Four units, each with 2 bedrooms and 1 bathroom
  • Open living, dining, and kitchen layouts with bar seating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Bakery Furniture & Home Goods Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units feature open living, dining, and kitchen areas, private laundry rooms, and tenant parking pads.
Where is this duplex located?
The property is located at 1020 S Prince St Princeton, IN.
What is the asking price?
The asking price for this property is $229,555.
What are key features of this property?
This property features: Two duplex buildings completed in 2019; Four units, each with 2 bedrooms and 1 bathroom; Open living, dining, and kitchen layouts with bar seating
More about this property
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