$149,000

160 W 3rd St Peru, IN 46970

Estimated payment $1,028/month

Total Views 1,128
5 Beds
4 Baths
4,786 Sq Ft
$31 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Level Lot
  • Elmwood Primary Learning Center Rated A-
  • Hot Water Heating System
  • 5-minute walk to River Walkway Park

About This Home

Fantastic investment opportunity with this 4 unit apartment building with 4 car garage for additional income. All 4 units occupied with long term tenants and an income of $3650. 3 units are 1BR/1BA and 1 2BR/1BA unit. All are large with plenty of living space. 3 refrigerators, 4 gas stoves, and coin operated washer and dryer included in the sale.

Listing Agent

Star McClain

Rogers Auction & Real Estate Brokerage Phone: 574-721-2979 Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Elmwood/Blair Pointe Elementary School
  • Peru Middle School
  • Peru High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-08-27-312-006.000-016

Community Details

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $5,266
  • Fuel Expense $2,340
  • Insurance Expense $710
  • Maintenance Expense $625
  • Water Sewer Expense $2,285

Additional Features

  • 4 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 021-50616-00 HOOD ADD LOT 23 42 156 16000
  • Parcel Number ID: 52-08-27-312-006.000-016
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Water Heater Gas, Washer Hook-Up
  • Annual Miscellaneous: 2854
  • Monthly Gross Income: 3650
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 5322
  • Total Finished Sq Ft: 4786
  • Above Grade Finished Sq Ft: 4786
  • Below Grade Sq Ft: 536
  • Price Per Sq Ft: 31.13
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Vinyl Tile, Wood
  • Main Level Sq Ft: 2379
  • Total Below Grade Sq Ft: 536
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2
  • Outbuilding Sq Ft: 900

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 5266
  • Annual Fuel Expense: 2340
  • Annual Insurance Expense: 710
  • Annual Maintenance Expense: 625
  • Annual Water Sewer Expense: 2284.51
  • Number Electric Meters: 5
  • Number Gas Meters: 4
  • Number Of W D Hookups: 1

Schools

  • School District: Peru Community Schools
  • Elementary School: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru
  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 3650
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2540

MLS Schools

  • High School: Peru
  • Middle School: Peru
  • School District: Peru Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $149,000 +198.0% $31 / Sq Ft
05/21/2020 05/21/20 Sold $50,000 -5.5% $10 / Sq Ft
04/30/2020 04/30/20 For Sale $52,900 -18.6% $11 / Sq Ft
03/19/2015 03/19/15 Sold $65,000 -7.0% $14 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $69,900 -- $15 / Sq Ft
Source: Indiana Regional MLS

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Source: Indiana Regional MLS

MLS Number: 202530804

Indiana Regional MLS

APN: 52-08-27-312-006.000-016