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Side-by-Side Duplex
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225-227 W 5th St, Peru, IN 46970

One unit is occupied while the adjoining unit is currently vacant.

Property Size2,140 SF
Price / SF$11.68
Days on Market1

Property Features for 225-227 W 5th St

General Information

Standard status Active
Size 2,140 SF
Property subtype Multi-Family
Occupancy 50%

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Listing Agency: Schwering Realty
Listed By: Steve Schwering · License #RB14024654
Source: Kmsrealestategroup
Added: Oct 7 Last Checked: Oct 7 at 1:52PM

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.

The duplex is arranged as two side-by-side residences and contains 2,140 square feet. Built in 1900, the property is being offered in as-is condition. One unit is rented, while the other is vacant.

The property is located at 225-227 W 5th St in Peru, Indiana. It may be acquired together with eight other properties.

Key Highlights

  • Two side‑by‑side units
  • 2,140 square feet
  • Built in 1900

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Daycare Center Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service

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

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

597
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

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 - One unit is occupied while the adjoining unit is currently vacant.
Where is this duplex located?
The property is located at 225-227 W 5th St Peru, IN.
What are key features of this property?
This property features: Two side‑by‑side units; 2,140 square feet; Built in 1900
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