Four-Unit Apartment Building with New
For Sale
Contact for pricing
Pending
812 8th Street SE, Demotte, IN 46310
Each residence offers two bedrooms, laundry hookups, and a private rear patio with a functional multi-level layout.
Property SizeContact for details
Days on Market10
Property Features for 812 8th Street SE
General Information
Standard status
Pending
Property subtype
Multifamily, Land
Occupancy
100%
Net Operating Income
$29,291
Additional Details
Multifamily Units
4
Amenities
laundry hookups
private rear patio
Building Details
Year Built
1979
Buildings
1
Tenancy
Multi
Listing Agency:
Countryside Realty
Listed By:
Dan Walstra · License #IN
Source:
Crexi
Added: Aug 11
Changed: Aug 18
Last Checked: Aug 18 at 2:07AM
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 Countryside Realty
Investment Insights
Based on property information with market context.
Built in 1979, this fully occupied quadplex contains four apartment residences, each arranged across two levels. The main floor includes a living room, half bathroom, laundry hookups, and an open kitchen with a refrigerator, stove, and range hood. Sliding doors connect each kitchen to a private rear patio. Upstairs, every unit has two bedrooms and a full bathroom.
The property sits on an oversized corner lot and received a new roof in 2024. All four residents are currently leasing on a month-to-month basis, providing a consistent existing occupancy profile and flexible lease timing. The building is located at 812 8th Street SE in DeMotte, Indiana.
The property sits on an oversized corner lot and received a new roof in 2024. All four residents are currently leasing on a month-to-month basis, providing a consistent existing occupancy profile and flexible lease timing. The building is located at 812 8th Street SE in DeMotte, Indiana.
Key Highlights
- Four‑unit apartment property built in 1979
- New roof installed in 2024
- Fully occupied with month‑to‑month leases
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Explore this area
Business Placement
Demographics for 46310, IN
14,126
Population
5,800
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
63.4 sq mi
ZIP Area
223
Density / Sq Mi
$81,083
Median Household Income
$50,805
Median Earnings
$1,060
Median Rent
$213,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence offers two bedrooms, laundry hookups, and a private rear patio with a functional multi-level layout.
Where is this quadplex located?
The property is located at 812 8th Street SE Demotte, IN.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Four‑unit apartment property built in 1979; New roof installed in 2024; Fully occupied with month‑to‑month leases
