- amilakis@gmail.com
- Direct (765) 418-4771
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.
North on Grant from Broadway. Turn left onto 12th Street. Property on South side of road.
| MLS # | 202547048 |
|---|---|
| Date Listed | 2025-11-22 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Finished Square Feet | 12,306 sqft |
| Total Square Feet | 13,722 sqft |
| New Construction | No |
| Style | Other |
| Type | Other |
| Basement | Yes |
| Bedrooms | 22 |
| Bathrooms | 15 |
| Annual Taxes | $5,000.00 |
| Year Taxes Payable | 2024 pay 2025 |
| Year Built | 1880 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 315 |
| Homestead Year | No |
| Outbuilding | Shed |
|---|---|
| Pool | Yes |
| Living Room | 7 × 0 | Level |
| 4th Bedroom | 15 × 10 | Level |
| 5th Bedroom | 15 × 15 | Level |
| Full Baths | 22 Main |
| Construction | Other |
|---|---|
| Lot Size | 66,211 sq ft |
| Acreage | 1.52 Acre |
| Lot Dimensions | Irregular |
| Out Buildings | Shed |
| Fence | None |
| Area | Miami County |
|---|---|
| County | Miami |
| Subdivision | None |
| Township | Peru |
| City | Peru |
| State | IN |
| Zip | 46970 |
| School District | Peru Community Schools |
|---|---|
| Elementary | Elmwood/Blair Pointe |
| Middle School | Peru |
| High School | Peru |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202547048
Listing Provided Courtesy of Cherie Smith
True Realty
Cell: 765-438-5971
Listing updated July 6, 2026 at 4:45 pm
Last checked 9 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.