371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941
Listed by True Realty
$630,000
Est. payment /mo
22 Beds
15 Baths
12,306 SqFt
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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,306 sqft

MLS Listing ID IRM202547048

Bedrooms 22

Full Baths 15

HOA Y/N No

Year Built 1880

Annual Tax Amount $6,240

Tax Year 2024

Lot Size 1.520 Acres

Acres 1.52

Lot Dimensions Irregular

Property Sub-Type Other

Property Description

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.

Location

State IN

Rooms

Basement Crawl Space, Slab, Cellar

Interior

Heating Electric, Gas

Inclusions Building, Land, Lease

Fireplace N

Exterior

Parking Features Gravel, Parking Lot, Off Street

Pool Below Ground

View Y/N true

Total Parking Spaces 15

Building

Lot Description Irregular Lot

Story Other

Sewer Public Sewer

Water City

Level or Stories Other

New Construction No

Schools

Elementary Schools Elmwood/Blair Pointe

Middle Schools Peru

High Schools Peru

School District Peru Community Schools

Others

Pets Allowed No

Tax ID 52-08-28-301-054.000-016

Acceptable Financing IRM202547048

Listing Terms IRM202547048

Special Listing Condition None

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547048

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Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Mariah Cressy

Mariah Cressy

+1(574) 339-4941

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