Income-Generating Triplex
For Sale
$249,900
900 E Cherry St, Petersburg, IN 47567
Fully occupied triplex with two 2-bedroom units and one 1-bedroom unit, plus off-street parking and in-unit appliances.
Property Size2,316 SF
Price / SF$107.90
Days on Market94
Property Features for 900 E Cherry St
General Information
Standard status
Active
Size
2,316 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1920
Listing Agency:
KLEIN RLTY&AUCTION, INC.
Listed By:
Tyler Simmons · License #RB14039924INDIANA
(812) 890-1827
Source:
Kmsrealestategroup
Added: Jun 3
Changed: Sep 4
Last Checked: Sep 2 at 12:09AM
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 KLEIN RLTY&AUCTION, INC.
Investment Insights
Based on property information with market context.
This fully occupied triplex offers three rental units: two 2-bedroom units and one 1-bedroom unit. Each unit comes with appliances, updated kitchen cabinets, and solid hardwood floors. Off-street parking is provided for tenant convenience, and there is also a storage area that can support day-to-day needs for an owner or property manager.
The property is located at 900 Cherry Street in Petersburg, Indiana, within a small multi-unit configuration designed for straightforward management. The public remarks note a consistent rental history and expenses kept to a minimum.
For investors or owner-operators seeking an income-producing multifamily property, this triplex provides an established, fully leased setup with unit interiors that include appliances, updated cabinetry, and durable flooring. The combination of on-site storage and off-street parking supports practical resident needs and can help keep property operations organized.
The property is located at 900 Cherry Street in Petersburg, Indiana, within a small multi-unit configuration designed for straightforward management. The public remarks note a consistent rental history and expenses kept to a minimum.
For investors or owner-operators seeking an income-producing multifamily property, this triplex provides an established, fully leased setup with unit interiors that include appliances, updated cabinetry, and durable flooring. The combination of on-site storage and off-street parking supports practical resident needs and can help keep property operations organized.
Key Highlights
- Fully occupied triplex with 3 units: two 2‑bedroom units and one 1‑bedroom unit
- Year built 1920
- Each unit includes appliances
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 47567, IN
5,804
Population
2,750
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
115.5 sq mi
ZIP Area
50
Density / Sq Mi
$64,890
Median Household Income
$45,378
Median Earnings
$643
Median Rent
$130,700
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?
Triplex - Fully occupied triplex with two 2-bedroom units and one 1-bedroom unit, plus off-street parking and in-unit appliances.
Where is this triplex located?
The property is located at 900 E Cherry St Petersburg, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Fully occupied triplex with 3 units: two 2‑bedroom units and one 1‑bedroom unit; Year built 1920; Each unit includes appliances
