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$575,000

  • Sold
  • Closed
  • Commercial Multi-Family
  • 15,560 Sq. Ft.
  • Updated 6 days ago
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INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy rate! Call an agent today!

Full Property Details for 202 E 5th St

General

  • Sold For: $575,000
  • Taxes: $5,350 (2023)
  • Status: Closed
  • Type: Commercial Multi-Family
  • Source: GNIAR
  • MLS ID: 818685
  • Added to Site: 282 day(s) ago

Exterior

  • Exterior Features: Balcony

Parking

  • Parking Features: Off Street, On Street, Gravel, Additional Parking

Location

  • County: Benton
  • Township: Center
  • Subdivision: Fowler
  • Driving Directions: US 52 to Fifth St. East to property.

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Square Feet: 15,560
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.255
  • Lot Size (Sq. Ft.): 11,108

Financial Considerations

  • Tax Amount: $5,350
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: OP LOT 408 N 22X109 1/3 OP LOTS 409-410-411 22X132 EACH
  • Property ID: 40815223018000004

Listed by RE/MAX Executives
Sold by Non Member

Listing agent

— 202 E 5th St —

  • RE/MAX Executives

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 202 E 5th St

School District:Benton Community School Corporation
NameGradesDistance
Benton Central Jr-Sr High School
4241 East 300 South, Oxford, IN 47971
7-125.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 202 E 5th St

Date
Details
Price
Change
Source
1/09/2026
Sold
$575,000
-12.88%
MLS
7/28/2025
Price Reduced
$660,000
-4.35%
MLS
4/08/2025
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Executives
Sold by Non Member

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202 E 5th Street, Fowler, IN 47944 (MLS# 818685) is a Commercial Multi-Family property that was sold at $575,000 on January 09, 2026. Want to learn more about 202 E 5th Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Fowler? You can browse all Fowler real estate or contact a Coldwell Banker agent to request more information.