Movoto Real Estate

812 8th St, De Motte, IN 46310

  • $524,900

  • 8

    bed

  • 8

    bath

Multi-family for sale 1 hour
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About 812 8th St

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 0.84 Acre
Movoto estimate
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!
Listed by
Listing Agent - Daniel Walstra
Listing Agent Contact: (219) 987-7355
Listing Office - Countryside Realty
Source: NIRA mls logo
MLS#843723 • last updated 1 hour ago
Movoto checked NIRA for data 13 minutes ago
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Overview
Heating Forced Air, Natural Gas
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
MLS # 843723
Lot Size (Acres) 0.835
Lot Size (SqFt) 36373
Property Tax 2463
Year Built 1979
Interior
Total # of Bathrooms 8
# of Full Baths 4
# of Half Baths 4
# Bedrooms 8
Total # of Rooms 16
Laundry Main Level
Interior Features Laminate Counters
Appliances Gas Range, Range Hood, Refrigerator
Exterior
Parking Desc Asphalt, Paved, Driveway
# of Parking Spaces 8
Exterior Features Rain Gutters
Lot Desc Back Yard, Corner Lot
Patio/Porch Patio
Amenities / Utilities
Utilities Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water Source Public
Pets Allowed No
Pool None
Location
View Neighborhood
County Jasper
Subdivision Hickory Lane Sub
High School District Kankakee Valley
Directions US 231 (Halleck St.) To 9th St. SW Go West On 9th St. To Intersection With Hickory St. SW. Turn Right (north) And Property Is Located On The NW Corner Of Hickory St. And 8th St. SW.
APN 371527000006010050
Zoning Residential
Multifamily Details
Owner Pays Exterior Maintenance, Trash Collection, Taxes, Sewer, Snow Removal, Repairs, Insurance, Grounds Care
Net Operating Income 29291
Gross Income 39900
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Source: GreatSchools.org © 2026. All rights reserved.

Around Hickory Lane Sub

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