371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
371 & 383 W 12th ST, Peru, IN 46970
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Cherie Smith • True Realty • Cell: 765-438-5971
$ 630,000
Est. payment | /mo

22 Beds

15 Baths

12,306 SqFt

Save Virtual Tour
$ 630,000
Est. payment | /mo
Save Virtual Tour

22 Beds

15 Baths

12,306 SqFt

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

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.

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
View More Detail
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Go tour this home

371 & 383 W 12th ST

SEARCH LISTINGS

GET MORE INFORMATION

Kegan Inman
Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Inman Realty Company LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.