Peru, IN Multifamily Homes & Duplexes for Sale

Peru, Indiana, located along the Wabash River in north central Indiana, is a small city with a population of around 11,000 residents. The local economy is diverse, supported by industries such as the Duke Hospital System and Smithfield Packaged Meats. Peru is notable for its rich circus and musical history, being the tribal headquarters for the Miami Nation and home to the world’s only remaining manufacturer of steam calliopes. The city celebrates its circus heritage with the International Circus Hall of Fame and the annual Peru Amateur Circus Festival, which features performances, carnival rides, and a parade. Outdoor enthusiasts can enjoy the Peru Riverwalk Park with its walking trail, skate park, and pickleball courts, as well as the nearby Frances Slocum State Forest, which offers hiking, hunting, and equestrian trails. Downtown Peru is vibrant, with popular dining spots like Aroma Coffee Shop, Gabriel’s Pancake House, and Legend’s Cocktail Lounge. Housing in Peru is affordable, with styles ranging from Colonial Revivals to bungalows, and prices generally between $100,000 and $300,000. The Peru Community Schools system is well-regarded, providing solid educational opportunities for students. While the city does face some natural risks such as tornadoes and flooding, the construction of the Mississinewa Dam has helped mitigate flood risks. Peru is conveniently located near state highways 24 and 31, providing access to Fort Wayne and Indianapolis, with the closest airport being Fort Wayne International, 55 miles away.