Pekin, IN
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    Pekin, IN Residential Income Properties for Sale

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    Borden, IN Salem, IN Palmyra, IN
    New Pekin Quadplex Investment
    $199,800
    2,752 SF
    New Pekin Quadplex Investment

    26 E Main Street, Pekin, IN 47165

    Quadplex in New Pekin with income potential and green space.
    • High 10% Cap Rate indicates strong investment potential.
    • Current quadplex configuration provides immediate rental income.
    • Potential for conversion to office space offers flexibility.
    • Located in the center of New Pekin, ensuring high visibility and accessibility.
    • Additional green space allows for construction of extra parking.
    Updated: Aug 14, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Pekin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Office & Residential Building
    $250,000
    4,388 SF
    Mixed-Use Office & Residential Building

    Offers office space plus two apartments, with additional basement office rental area for flexible income use.

    106 S Main Street, Salem, IN 47167

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    Updated Commercial Building with Apartment
    $299,000
    2,958 SF
    Updated Commercial Building with Apartment

    Updated commercial building with apartment in Salem, Indiana.

    62 Public Sq, Salem, IN 47167

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    Land Near I-65, Memphis
    $1,430,000
    Land Near I-65, Memphis

    Land suitable for multifamily, retail, or restaurant development.

    Memphis-Bluelick, Memphis, IN 47143

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    Land Near I-65, Memphis, IN
    $690,000
    Land Near I-65, Memphis, IN

    Prime land ideal for various commercial and residential developments.

    Memphis-Bluelick Road, Memphis, IN 47143

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Agricultural and Residential Land
    $259,900
    24.70 Acres
    Agricultural and Residential Land

    24.7-acre parcel with pasture, wooded areas, and stream features, suitable for septic and zoned Agri/Residential.

    W Highway 60 at Temple Rd, Salem, IN 47167

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    Residential Lots in Palmyra, IN
    $59,900
    0.86 Acres
    Residential Lots in Palmyra, IN

    Residential lots with utilities and development potential in Palmyra.

    14025 Greene Street NE, Palmyra, IN 47164

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    Buildable Lot in Salem, Indiana
    Contact for pricing
    0.21 Acres
    Buildable Lot in Salem, Indiana

    Residential lot in Salem near schools and hospital.

    607 Berkey Street, Salem, IN 47167

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    Residential Lot in Southern Hills
    Contact for pricing
    0.55 Acres
    Residential Lot in Southern Hills

    Building lot in lake community, build your dream home.

    0.55 +/- AC Southern Hills Drive, Borden, IN 47106

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    Off-Market Properties in Pekin, IN

    Consider similar Off-Market properties in Pekin, 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.

    26 Main St
    Residential income properties
    2,752 SF Lot: 0.24 Acres

    26 Main St, Pekin, IN 47165

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    90 Eastern Park Blvd
    MOBILE HOME PARK, TRAILER PARK
    720 SF Lot: 4.63 Acres
    Value Estimation by Request

    90 Eastern Park Blvd, Pekin, IN 47165-7864

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    Pekin, IN Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Pekin, IN on our real estate platform. These investment opportunities span a total of 2,752 square feet of properties for sale, with an estimated market value of $199,800.

    Sale prices for residential income properties in Pekin, IN start at $199,800, averaging $199,800, and reaching up to $199,800 — 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

    Multifamily properties 1
    Quadplexes 1

    Demographics Overview

    Population 6,599
    Population Growth (5Y) +4.3%
    Median Household Income $76,071
    College Educated 18.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47165 $199.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $46.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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