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$480,000
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Property Description
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!
Full Property Details
Full Property Details for 812 8th Street SW
General
- Sold For: $480,000
- Taxes: $2,463 (2025)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 843723
- Added to Site: 60 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Laminate Counters
- Appliances: Gas Range, Range Hood, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 4
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Asphalt, Paved, Driveway
Location
- County: Jasper
- Township: Keener
- Subdivision: Hickory Lane Sub
- Driving 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.
School Information
- High School District: Kankakee Valley
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.835
- Lot Size (Sq. Ft.): 36,373
- Lot Features: Back Yard, Corner Lot
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,463
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: HICKORY LANE SUB LOT 1
- Property ID: 371527000006010025
Listed by Countryside Realty
Sold by Coldwell Banker Real Estate Gr
Get Pre-Approved Today
Schools
Schools serving 812 8th Street SW
School District:Kankakee Valley School Corporation
| Name | Grades | Distance |
|---|---|---|
Demotte Elementary School 1000 S Halleck, De Motte, IN 46310 | PK-3 | 0.9 mi |
Kankakee Valley Intermediate School 12345 North 550 West, Wheatfield, IN 46392 | 4-5 | 1.8 mi |
Kankakee Valley Middle School 5258 W Sr 10, Wheatfield, IN 46392 | 6-8 | 2.1 mi |
Kankakee Valley High School 3923 W Sr 10, Wheatfield, IN 46392 | 9-12 | 3.4 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 812 8th Street SW
Date
Details
Price
Change
Source
9/18/2026
Sold
$480,000
-8.55%
MLS
8/10/2026
Listed
$524,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
812 8th Street SW, Demotte, IN 46310 (MLS# 843723) is a Multi-Family property that was sold at $480,000 on September 18, 2026. Want to learn more about 812 8th Street SW? Do you have questions about finding other 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.

