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Multifamily Property
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For Sale
$35,000

207 Washington Ave, Peru, IN 46970

One renter currently occupies the residence, and interior access must be coordinated with the tenant.

Property Size1,793 SF
Price / SF$19.52
Days on Market2

Property Features for 207 Washington Ave

General Information

Standard status Active
Size 1,793 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence The roof is tarped

Additional Details

Multifamily Units 1

Building Details

Year Built 1910
Tenancy Single
Listing Agency: Schwering Realty
Listed By: Steve Schwering · License #RB14024654
Source: Callcriswell
Added: Sep 26 Last Checked: Sep 26 at 3:24PM

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 Schwering Realty

Investment Insights

Based on property information with market context.

Built in 1910, this 1,793-square-foot multifamily property is currently occupied by one renter. A section of the roof is covered with a tarp where a leak occurred. Interior access is subject to coordination with the tenant.

Key Highlights

  • 1,793‑square‑foot multifamily property built in 1910
  • Currently occupied by one renter
  • Tarp covers a roof section where a leak occurred

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Garden Center

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

1
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - One renter currently occupies the residence, and interior access must be coordinated with the tenant.
Where is this multifamily property located?
The property is located at 207 Washington Ave Peru, IN.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: 1,793‑square‑foot multifamily property built in 1910; Currently occupied by one renter; Tarp covers a roof section where a leak occurred
More about this property
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