Multifamily

Petersburg, IN Multifamily Properties for Sale

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Two-Story Triplex with Parking
Updated: Apr 23
Two-Story Triplex with Parking

900 E Cherry Street, Petersburg, IN 47567

$249,900
2,316 sqft 0.25 AC lot
Three‑unit configuration with two 2‑bedroom units and one 1‑bedroom unit
2,316 square feet on a 0.25‑acre lot
Fully occupied with an established rental history
Appliances and updated kitchen cabinets in all units
Off‑street parking and dedicated storage area
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Income-Generating Triplex Rental
Updated: Jun 3
Income-Generating Triplex Rental

900 E Cherry St, Petersburg, IN 47567

$249,900
2,316 sqft
Fully occupied triplex with 3 units: two 2‑bedroom units and one 1‑bedroom unit
Year built 1920
Each unit includes appliances
Updated kitchen cabinets in the units
Solid hardwood floors throughout the units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Petersburg, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Furnished Duplex with Office Area
Furnished Duplex with Office Area

1904 Washington Ave, Vincennes, IN 47591

$289,900
2,402 sqft

Two furnished residential units accompany a flexible office area with reception, waiting room, and half bath.

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3-Unit Single-Level Triplex
3-Unit Single-Level Triplex

124, 126, 128 Lincoln St, Oakland City, IN 47660

$367,000
2,604 sqft

Modern units feature granite kitchens, fenced patios, and private entrances without stairs.

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Triplex Residential Income Property
Triplex Residential Income Property

1405 S 15th Street, Vincennes, IN 47591

$212,500
2,600 sqft 0.23 AC lot

For sale triplex residential income property on a 0.23-acre lot with 2,600 square feet total.

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New Construction Triplex
New Construction Triplex

124, 126, 128 Lincoln Street, Oakland City, IN 47660

$367,000
2,604 sqft 0.21 AC lot

Single-level units feature two bedrooms, one full bath, granite kitchen counters, and private fenced patios.

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Off-Market Properties in Petersburg, IN

Consider similar Off-Market properties in Petersburg, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Hwy 57th N
MOBILE HOME PARK, TRAILER PARK

Hwy 57th N, Petersburg, IN 47567

$260,000
Estimated value
5.60 AC lot
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Petersburg, IN Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Petersburg, IN on our real estate platform. These investment opportunities span a total of 4,632 square feet of properties for sale, with an estimated market value of $499,800.

Sale prices for multifamily properties in Petersburg, IN average $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 2

Demographics Overview

Population 6,187
Population Growth (5Y) +1.1%
Median Household Income $64,890
College Educated 22.8%

High-Yield Neighborhoods for Investment

Identify Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47567 $249.9K

Taxes & Financing

Tax Rate (average for all types) 2.28%
Property Tax per SF $39.83 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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