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Two Duplex Residential Income Property

501 S Race St Princeton, IN 47670

501 S Race St, Princeton, IN, 47670
Contact for pricing
For Sale
Contact for pricing

For sale: two custom duplexes, each with two bedrooms, one bath, and in-unit laundry.

Property Size1,800 SF
Price / SF$138.89
Days on Market94

Property Features for 501 S Race St

General Information

Standard status
Active
Size
1,800 SF
Property subtype
Multifamily

Building Details

Year Built
2024
Listing agency FC Tucker Company Princeton
Listed by Anita Waldroup · License #IN RB14028427
Source Crexi
Added: Apr 21 Updated: Jul 22 at 10:51PM Checked: Jul 22 at 10:51PM

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 FC Tucker Company Princeton


Investment Insights

Based on property information with market context.

This for-sale residential income package includes two duplexes, each custom built with an open concept layout for the living room, dining area, and kitchen. Both units provide two bedrooms and one bathroom, along with a dedicated laundry room. Interior features include a coat closet upon entry and multiple additional closets throughout, and the laundry room includes a washer and dryer and an exit door.

The duplex units are located at 501 S Race St in Princeton, IN. The public remarks indicate each unit has tenant arrangements for yard care, with rent discounted for a tenant who takes care of the yard, and parking pads available for each tenant in front of the building.

The property is described as having most tenants on month-to-month lease terms. Restrictions noted in the remarks include no smoking and no pets.

Key Highlights

  • Two custom duplexes built in 2024 in Princeton (Race St & Prince St)
  • Each unit offers 2 bedrooms, 1 bathroom, and an open floor plan living/dining/kitchen area
  • Each unit includes a laundry room with washer & dryer and an exit door

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Kitchen & Bath Showroom Parking Lot & Garage Nail Salon Bakery Real Estate Agency Barber Shop Furniture & Home Goods Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - For sale: two custom duplexes, each with two bedrooms, one bath, and in-unit laundry.
Where is this duplex located?
The property is located at 501 S Race St 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 custom duplexes built in 2024 in Princeton (Race St & Prince St); Each unit offers 2 bedrooms, 1 bathroom, and an open floor plan living/dining/kitchen area; Each unit includes a laundry room with washer & dryer and an exit door
Contact an agent
(812) 664-7202 Call to check price and availability
More about this property
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