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812 8th Street SE Demotte, IN $ 524,900
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$ 524,900 Get more info
812 8th Street SE
$ 524,900
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812 8th Street SE

Demotte, IN, 46310
$ 524,900
Bedrooms8 Baths4.4

Monthly Estimate*

$ 3,314

812 8th Street SE, Demotte, IN 46310 - Image 1
812 8th Street SE, Demotte, IN 46310 - Image 2
812 8th Street SE, Demotte, IN 46310 - Image 3

Multi-Family Home for sale in Demotte, IN

for $524,900 with 8 bedrooms and 4 full baths, 4 half baths. This home was built in 1979 on a lot size of 0.835.

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!

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Multi-Family Active

Price

$ 524,900

Bedrooms

8

Full Bath

4

Half Bath

4

Property Type

Multi-Family

Taxes

$ 2,463

Style

Apartment

Lot Size

0.835

Year Built

1979

Town/City

Demotte

County/Region

Jasper

MLS | Web ID

843723
Features
Interior
Interior Amenities Laminate Counters
Fireplace Y/N N
Above Grade Finished Area 4320
Half Baths 4
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 8
Total Baths 8
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Gas Range Range Hood Refrigerator
Patio/Porch Features Patio
Pool Features None
Pets Allowed No
Year Built 1979
View Neighborhood
Township Keener
Levels Two
Property Subtype Apartment
Tax Year 2025
Gross Income 39900
County Jasper
Net Operating Income 29291
Insurance Expense 1401
New Construction N
Property Type Residential Income
HOA N
MaintenanceExpense 1762.17
Subdivision Name Hickory Lane Sub
Garage Y/N N
Rent Includes Sewer Trash Collection
Total Rooms 16
Full Baths 4
Status Active
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.
City DeMotte
High School District Kankakee Valley
Zoning Description Residential
Lot Size Square Feet 36373
Listing Terms Cash Conventional
Tax Annual Amount 2463
Electric Expense 0
Trash Expense 2049.62
Lease Considered Y/N N
Standard Status Active
Taxes 2479.04
Legal Description HICKORY LANE SUB LOT 1
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Exterior
Exterior Amenities Rain Gutters
Parking Features Asphalt Paved Driveway
Lot Features Back Yard Corner Lot
Water Source Public
Total Parking 8
Lot Size Acres 0.835
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

$3,520
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,314
Monthly Property Taxes
$205
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4001608 Elementary School
4001611 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/10/2026$524,900 Listed Price

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812 8th Street SE, Demotte, IN, 46310 is a Multi-Family Home for sale at $524,900 with a lot size of 0.835. 812 8th Street SE has 8 bedrooms, 4.4 baths, and was built in 1979. The property's zip code is 46310 which is in Demotte, IN

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