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$2,000,000
MLS #:
202528244
Beds:
47
Baths:
25
Sq. Ft.:
18357
Lot Size:
6.00 Acres - 261,360 Sq Ft
Yr. Built:
1976
Type:
Multi-Family
Apartment Complex
Area:
Kosciusko County
Subdivision:
None
Address:
7028 E Heritage
Pierceton, IN 46562
POTENTIAL ASSUMABLE 4.45% MORTGAGE AND PARTIAL SELLER FINANCE WITH STRONG OFFER! An exceptional investment opportunity awaits with this well-maintained 24-unit apartment complex situated on a sprawling 6-acre lot in charming Pierceton, IN. Comprised of 12 duplexes, the property features twenty-three 2 bed / 1 bath units and one 1 bed / 1 bath unit, offering a total rental income of $16,690/month, with 20 units currently leased. Income can easily be brought up through multiple avenues! Each unit includes off-street parking for two cars, and tenants pay their own gas and electricity—keeping overhead low. A separate building provides on-site laundry facilities with coin-operated machines, a garage, and dedicated storage space, generating additional income potential and convenience for tenants. Ideally located near Pierceton Skate Park, Forest Ridge Family Campground, and just 15 minutes from Downtown Warsaw, this property offers the perfect balance of peaceful living with quick access to nearby amenities. Also very strong medical employers in close proximity allowing for strong tenant base! Whether you're expanding your portfolio or seeking a high-performing multifamily asset, this turnkey complex delivers stable cash flow, long-term growth, and rare scale in a desirable setting.
Listing offered by:
Jordan Wildman - License# RB19001056 with eXp Realty, LLC - 888-611-3912
Map of Location:
Data Source:
Listing data provided courtesy of: Indiana Regional MLS (Data last refreshed: 08/02/25 12:00am)
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Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer.
Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer.
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