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$650,000 -

371 & 383 W 12th Street Peru IN 46970

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
1.52
Acres

Discover an excellent investment opportunity with this multi-building property featuring a total of 15 rentable units in the heart of Peru (8 one bedroom units and 7 two bedroom units). Spread across multiple structures, this property offers a strong blend of stability and value-add potential for any investor. Many of the units have been freshly painted within the last few years, and several feature updated flooring for improved durability and tenant appeal. Two of the buildings are equipped with long-lasting metal roofs, reducing future maintenance needs and providing added peace of mind. With a mix of month-to-month and long-term leases, this property offers both immediate income and room for strategic rent growth. A rare chance to acquire a multi-unit package with solid fundamentals and continued upside in a steady rental market.

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Property Details

Price: $650,000 Previously: $650,000 Originally: $650,000 Bathrooms: 0.00 MLS #: 22080697 Township: Peru Sq. Ft Total: 12,306 Type: Commercial Sale Zip Code: 46970 City: Peru Subdivision: Empty County: Miami School District: Peru Community Schools

Interior Features

Interior Features:
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Other

Exterior Features

Exterior Features:
  • # Acres: 1.52

Listing Office: True Realty

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on February 17th, 2026 at 7:13pm EST.

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