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235-309 8th Avenue NW Demotte, IN $ 899,900
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$ 899,900 Get more info
235-309 8th Avenue NW
$ 899,900
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235-309 8th Avenue NW

Demotte, IN, 46310
$ 899,900
Bedrooms-- Baths-- Sq 10,512

Monthly Estimate*

$ 5,541

235-309 8th Avenue NW, Demotte, IN 46310 - Image 1
235-309 8th Avenue NW, Demotte, IN 46310 - Image 2
235-309 8th Avenue NW, Demotte, IN 46310 - Image 3
235-309 8th Avenue NW, Demotte, IN 46310 - Image 4
235-309 8th Avenue NW, Demotte, IN 46310 - Image 5

Commercial Property for sale in Demotte, IN

for $899,900. This 10,512 square foot building was built in 1979 on a lot size of 0.901.

Attention investors! This a rare opportunity to add some multi family rentals to your investment portfolio! These 2 adjoining apartment buildings are located in Demotte and offer giving you 13 units total in one convenient location. (10) of the units are 2 bedroom/1 bath with (3) units being 1 bed/1bath & all are fully occupied. All except 2 tenants are on month to month leases giving you the flexibility to implement your own leases and rents to meet your business model. If you're looking for more units the same sellers have 10 more units for sale just 140 ft way- see MLS # 838712. These opportunities rarely become available, don't miss out!

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Commercial Active

Price

$ 899,900

Property Type

Commercial

Taxes

$ 7,621

Style

Multi Family

Lot Size

0.901

Year Built

1979

Town/City

Demotte

County/Region

Jasper

MLS | Web ID

838711
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Sewer Connected Natural Gas Connected
Appliances Dishwasher Range Hood Refrigerator Range Gas Water Heater
Year Built 1979
Electric Other
View Neighborhood
Township Keener
Property Subtype Multi Family
Tax Year 2025
Gross Income 98700
County Jasper
Net Operating Income 73708
Insurance Expense 6003
Property Type Commercial Sale
Subdivision Name N/A
Building Features Multi Tenant
Status Active
Directions From US-231/Halleck St head North. At the North end of DeMotte turn left onto 8th Ave NW & follow to property on the left side.
City DeMotte
High School District Kankakee Valley
Lot Size Square Feet 39247.56
Listing Terms Cash Conventional
Tax Annual Amount 7621
Trash Expense 2541.12
Standard Status Active
Legal Description WHITE OAKS ADD NO 1 PROSPECT HILL ADD LOTS 4 5
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Exterior
Exterior Amenities Balcony
Parking Features Asphalt Driveway
Lot Features Few Trees
Water Source Well
Total Parking 20
Lot Size Acres 0.901
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Daniel Walstra

Listing Agent

Countryside Realty

Broker

dan.walstra@gmail.com

Email

Affordability Calculator

$6,176
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$635
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4001608 Elementary School
4001611 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2026$899,900 Listed Price

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235-309 8th Avenue NW, Demotte, IN, 46310 is a Commercial Property for sale at $899,900 with 10,512 sqft and a lot size of 0.901. 235-309 8th Avenue NW was built in 1979. The property's zip code is 46310 which is in Demotte, IN

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