52 Public Square, Salem, IN 47167

Salem
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
52 Public Square,Salem, IN 47167
$299,000
  • 4 Beds
  • 6 Baths
  • 11,556 sq. ft.
  • Single family
  • Active
Listed by: lori j. gilstrap
Office: the day company realtors
MLS#:2026010208
Source:IN_SIRA

Price summary

  • Price:$299,000
  • Price per sq. ft.:$25.87

About this home

Price Correction -- RARE OPPORTUNITY TO OWN THIS MULTI-FAMILY INVESTMENT PROPERTY within historic downtown Salem. Combination of 5 rental units: 1 large commercial space ($1,700/mo), 1-two bedroom unit ($875/mo), 2-one bedroom units ($780/mo each), and an additional commercial unit ($500/mo)! Open your own business and have rental income that makes your payment.... add to your current portfolio....use this to start your own investment portfolio....live in one unit while running a business and still having income to make your mortgage....so many possibilities that you can't go wrong. These units are nice and have been well-maintained. MAIN LEVEL BEING KEPT VACANT FOR YOUR NEW BUSINESS --- all other units RENTED. All city utilities.

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Home facts

  • Year built:1940
  • Listing ID #:2026010208
  • Added:27 day(s) ago
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:6
  • Full bathrooms:3
  • Half bathrooms:3
  • Basement:Yes
  • Basement Description:Partially Finished, Unfinished
  • Living area:11,556 sq. ft.

Heating and cooling

  • Cooling:Wall Units

Structure and exterior

  • Year built:1940
  • Building area:11,556 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$25.87
  • Tax amount:$3,079

Features and amenities

  • Amenities:Storage

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