7028 E Heritage Drive, Pierceton, IN 46562
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by:jordan wildmanHome: 260-498-0384
Office:exp realty, llc.
MLS#:202528244
Source:Indiana Regional MLS
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Price summary
- Price:$1,800,000
About this home
* POTENTIAL PARTIAL SELLER FINANCING! * 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 $19,440/month, with 23 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.
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Home facts
- Year built:1976
- Listing ID #:202528244
- Added:75 day(s) ago
- Updated:October 02, 2025 at 08:45 PM
Rooms and interior
- Bedrooms:47
- Total bathrooms:25
- Full bathrooms:24
Heating and cooling
- Cooling:Central Air, Window
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Metal, Shingle
- Year built:1976
Schools
- High school:Whitko
- Middle school:Whitko
- Elementary school:Pierceton
Utilities
- Water:Well
- Sewer:Septic
Finances and disclosures
- Price:$1,800,000
- Tax amount:$11,856
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