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812 8th ST Demotte, IN 46310
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Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 36,373 sqft
Price per Sqft $13
Subdivision Hickory Lane Sub
MLS Listing ID 843723
Sold Date 09/18/26
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1979
Annual Tax Amount $2,463
Tax Year 2025
Lot Size 0.835 Acres
Acres 0.835
Property Sub-Type Apartment
Property Description
Opportunity knocks! This fully occupied, four-unit apartment building is a great acquisition for your investment portfolio. Offered for sale by the original owner, the building is situated on an oversized corner lot and has been well maintained, including a brand-new roof installed in 2024.Each of the four units features a highly functional layout. The main floor offers a spacious living room, a half bath, dedicated laundry hookups, and an open kitchen equipped with a refrigerator, stove, and range hood. Sliding doors off the kitchen lead to a private rear patio. Upstairs, each unit provides two comfortable bedrooms and a full bathroom. Current rents are below market value, and all tenants are currently on month-to-month leases. This gives you the immediate opportunity to adjust rates or implement your own leasing structure to maximize cash flow . Multi-unit properties with this much upside and strong pride of ownership rarely hit the market--schedule your investment tour today!
Location
State IN
County Jasper
Zoning Residential
Interior
Interior Features Laminate Counters
Heating Forced Air, Natural Gas
Fireplace N
Appliance Gas Range, Range Hood, Refrigerator
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt, Paved, Driveway
Pool None
View Y/N true
View Neighborhood
Building
Lot Description Back Yard, Corner Lot
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Kankakee Valley
Others
Tax ID 371527000006010025
SqFt Source Assessor
Acceptable Financing NRA20260729185741682250000000
Listing Terms NRA20260729185741682250000000
Financing Conventional
Pets Allowed No
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Bought with Coldwell Banker Real Estate Gr
NEARBY SCHOOLS & BUSINESSES
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