202 E 5th Street Fowler, IN $ 660,000
202 E 5th Street
$ 660,000
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202 E 5th Street

Fowler, IN, 47944
$ 660,000
Bedrooms-- Baths-- Sq 15,560

Monthly Estimate*

$ 4,118

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Commercial Property for sale in Fowler, IN

for $660,000. This 15,560 square foot building was built in 1900 on a lot size of 0.255.

INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy rate! Call an agent today!

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Commercial Pending

Price

$ 660,000

Property Type

Commercial

Taxes

$ 5,350

Style

Multi Family

Lot Size

0.255

Year Built

1900

Town/City

Fowler

County/Region

Benton

MLS | Web ID

818685

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Year Built 1900
Electric 100 Amp Service Circuit Breakers
Township Center
Property Subtype Multi Family
Tax Year 2023
Gross Income 93720
County Benton
Net Operating Income 66450
Insurance Expense 4176
Property Type Commercial Sale
MaintenanceExpense 3655
Subdivision Name Fowler
Building Features Multi Tenant Mixed Use Balcony
Status Pending
Directions US 52 to Fifth St. East to property.
City Fowler
Lot Size Square Feet 11108
Listing Terms Cash Conventional
Tax Annual Amount 5350
Electric Expense 2793
Trash Expense 1164
Standard Status Pending
Legal Description OP LOT 408 N 22X109 1/3 OP LOTS 409-410-411 22X132 EACH
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Exterior
Exterior Amenities Balcony
Parking Features Off Street On Street Gravel Additional Parking
Water Source Public
Total Parking 14
Lot Size Acres 0.255
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Laundry Features Laundry Room Upper Level
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* Excluded Features
List By
Trisha Potts

Listing Agent

Re/Max Executives

Broker

trishamariepotts@gmail.com

Email

Affordability Calculator

$4,563
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,118
Monthly Property Taxes
$446
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2025$660,000 -4.35% Price Down
4/8/2025$690,000 Listed Price

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202 E 5th Street, Fowler, IN, 47944 is a Commercial Property for sale at $660,000 with 15,560 sqft and a lot size of 0.255. 202 E 5th Street was built in 1900. The property's zip code is 47944 which is in Fowler, IN