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$899,900 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 235-309 8th Ave NW
General
- Price: $899,900
- Taxes: $7,621 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: GNIAR
- MLS ID: 838711
- Updated: 5/12/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Range Hood, Refrigerator, Range, Gas Water Heater
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Asphalt, Driveway
Location
- County: Jasper
- Township: Keener
- Subdivision: N/A
- Driving 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.
School Information
- High School District: Kankakee Valley
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 10,512
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.901
- Lot Size (Sq. Ft.): 39,247.56
- Lot Features: Few Trees
Financial Considerations
- Tax Amount: $7,621
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: WHITE OAKS ADD NO 1 PROSPECT HILL ADD LOTS 4, 5
- Property ID: 371522000012005025
Listed by Countryside Realty
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Schools
Schools serving 235-309 8th Ave NW
School District:Kankakee Valley School Corporation
| Name | Grades | Distance |
|---|---|---|
Demotte Elementary School 1000 S Halleck, De Motte, IN 46310 | PK-3 | 1.2 mi |
Kankakee Valley Intermediate School 12345 North 550 West, Wheatfield, IN 46392 | 4-5 | 3.1 mi |
Kankakee Valley Middle School 5258 W Sr 10, Wheatfield, IN 46392 | 6-8 | 3.3 mi |
Kankakee Valley High School 3923 W Sr 10, Wheatfield, IN 46392 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 235-309 8th Ave NW
Date
Details
Price
Change
Source
5/12/2026
Listed
$899,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 235-309 8th Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,537
—
$699,500
21%
2024
$7,537
4%
$576,900
2%
2023
$7,243
-1%
$566,000
4%
2022
$7,323
-10%
$542,200
5%
2020
$8,125
1%
$518,400
-2%
2019
$8,047
2%
$528,400
—
2018
$7,869
-2%
$528,400
—
2017
$8,005
19%
$528,300
-3%
2016
$6,715
—
$544,000
3%
2016
$6,715
—
$527,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 235-309 8th Ave NW
235-309 8th Avenue NW, Demotte, IN 46310 (MLS# 838711) is a Commercial Multi-Family property. 235-309 8th Avenue NW is currently listed for $899,900 and was received on May 12, 2026. Want to learn more about 235-309 8th Avenue NW? Do you have questions about finding other Commercial Multi-Family real estate for sale in Demotte? You can browse all Demotte real estate or contact a Coldwell Banker agent to request more information.

