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501 S Race Street Princeton, IN $ 250,000
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$ 250,000 Get more info
501 S Race Street
$ 250,000
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501 S Race Street

Princeton, IN, 47670
$ 250,000
Bedrooms4 Baths2.0 Sq 1,800

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Princeton, IN

for $250,000 with 4 bedrooms and 2 full baths. This 1,800 square foot home was built in 2024.

Excellent Opportunity to Own not 1 but 2 Duplexes located in Princeton. Both duplexes custom built by the Amish, open floor plan concept for Liv Rm., Dining and Kitchen with nice size bar for seating and or a table as well. Each unit consist of 2 Beds, 1 Bath, Laundry Rm as well as Liv Rm, Dining Area, & Kitchen. Upon entering you will have a coat closet as well as numerous additional closets throughout. Laundry room with Washer & Dryer provided and has exit door. Most Tenants are on a month to month lease but have resided here for some time. Each Unit (Race St & Prince St) have a Tenant that takes care of yard with Owner discounting their rent at a slight reduction. Restrictions: No Smoking, No Pets. Parking Pad is available for each tenant in front of the building.

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,328

Style

Duplex

Year Built

2024

Town/City

Princeton

County/Region

Gibson

MLS | Web ID

202613998
Features
General
Heating Electricity
Cooling Central Air
Water Access Type None
Sewer City
# of Buildings 1
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 2024
Parking Paved Private
New Construction No
Tenant Pays Cooling Electric Heating Sewer Trash Collection Water
Subdivision None
Style One Story
Stories Count 1
Township Patoka
Class INVESTMENT
Type Duplex
Age 2
Net Income 25602
Rent Income 28800
Features Ceiling Fan Off Street Parking Bar Cable Available Countertops-Laminate Detector-Smoke Eat-In Kitchen Foyer Entry Kitchen Island Open Floor Plan Porch Covered Water Heater Electric Washer Hook-Up Cus
REO No
Status Detail 0
Common Amenities None
Area Gibson County
Location City/Town/Suburb
High School Princeton
City Princeton
School District North Gibson School Corp.
Total Sq Ft 1800
Elementary School Princeton
Middle School Princeton
Legal Description SUMMERS ADD 36
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613998
Agent First Name Anita
Agent Last Name Waldroup
DOM 1
Tax Year 2026
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Exterior
Road Surface Paved
Road Access City
Exterior Vinyl
Driveway Concrete
Pool No
Number of Parking Spaces 2
Waterfront None
Lot Size Area 6970
Lot Dimensions 50x142
Lot Description Corner Level
Fence None
Water Meters 2
Electric Meters 2
Outbuilding None
Water Features None
Gas Meters 0
Waterfront Y/N No
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Interior
Basement Slab
Flooring Other
Beds 4
Total Number of Units 2
Microwaves 2
Refrigerators 2
Washers 2
Dryer(s) 2
Dishwasher(s) 2
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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* Excluded Features
List By
Anita Waldroup

Listing Agent

F.C. Tucker Emge

Broker

anitawaldroup@fcte.com

Email

Affordability Calculator

$1,733
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1237350 Elementary School
1236192 Middle School
Princeton High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/20/2026$250,000 Listed Price

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501 S Race Street, Princeton, IN, 47670 is a Multi-Family Home for sale at $250,000 with 1,800 sqft. 501 S Race Street has 4 bedrooms, 2.0 baths, and was built in 2024. The property's zip code is 47670 which is in Princeton, IN

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