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371 & 383 W 12th Street
Peru, IN 46970

Active
$630,000
Est. Mortgage: $3,986/mo Get Pre-Qualified
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Active
type
Multi-Family Home
sq.ft.
12,306
mls #
22080697
Multi-Family Home
Call Us Contact Us

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.

Property Details

school district
Peru Community
MLS#
22080697
Garage Size
2

Interior Features

  • Electric heat
  • Baseboard heat
  • Forced air heat
  • Natural gas heat
  • Window unit air conditioner
  • Crawlspace
  • Slab basement

Exterior Features

  • Garage
  • Two car garage
  • Garage spaces: 2
  • Lot acreage is: 1.52
  • Lot sqft: 66211
  • Lot zoned: Commercial
  • Present use: Residential
  • Lot number: 12 & 13
  • Metal roof
  • Shingle roof
  • Gravel driveway
  • Building design: Duplex
  • Units in building(s): 15
  • Tenant expenses: Cable TV,Electricity,Gas,Insurance
  • For sale
  • Tax year: 2024
Courtesy of:
True Realty
[email protected]

Call (855) 464-2662

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By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Call (855) 464-2662

855-GO-HANNA
We are standing by to assist you.
or

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Mortgage Help

Howard Hanna Mortgage Services

Get pre-qualified for a mortgage now with Howard Hanna Mortgage Services.

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Mortgage Payment

The approximate monthly principal & interest payment for this property would be $3,985.86.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $31,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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371 & 383 W 12th Street, Peru, IN 46970 multi-family home offered for sale at $630,000.
Information Deemed Reliable But Not Guaranteed. ©2026 Metropolitan Indianapolis Board of REALTORS®.