Listing courtesy of RE/MAX 1ST CHOICE REALTORS · Listing agent: Jason Wampler

Virtual tour
ActiveFiveplex

207 S Heaton Street

$670,000

$210.89 / sq ft

Est. $4,153/mo

Knox, IN 46534

  • Basement
Bedrooms
7
Bathrooms
5
Living area
3,837 sq ft
Lot
0.19 ac
Year built
1900
Type
Fiveplex
Listed
August 29, 2026
MLS #
202635679

About this home

EXCELLENT OPPORTUNITY TO OWN 9 RENTAL UNITS IN KNOX - All brick 5-unit residential propery on Heaton St with full occupancy and excellent rental history. Extremely well maintained. Over 3,800 SF of living area and coin laundry. Exterior includes asphalt off-street parking. Excellent location within walking distance of schools and shopping. Second property included is 15 N Main St, Knox. Very nice mixed-use with long-term commercial office tenants on main floor along with additional space and full unfinished basement for future additional rental or storage units. Upstairs includes two large 2-bedroom apartments and coin laundry.

Monthly payment estimate

$4,153/mo

Principal & interest
$3,667
Property taxes
$291
Homeowners insurance
$195
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
Two
Stories
2
Total area
4,192 sq ft
Finished area above grade
3,177 sq ft
Finished area below grade
660 sq ft
Unfinished area below grade
355 sq ft
Below grade total
1,015 sq ft
Bedrooms above grade
6
Bedrooms below grade
1
Basement
Full, Partially Finished
Flooring
Carpet, Wood, Vinyl
Heating
Conventional, Forced Air
Cooling
Wall Unit(s)
Amenities
Basement, Off Street Parking, Ceiling-9+, Porch Covered, Water Heater Gas

Exterior & parking

Construction
Brick
Roof
Asphalt, Shingle
Foundation
Block
Parking
Off Street, Paved
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot, Level, 0-2.9999
Lot size (acres)
0.19 ac
Lot dimensions
66' X 125'
Location type
City/Town/Suburb
Inside city limits
Yes
County
Starke County
Township
Center
Platted
Yes
Planned unit development
No
Directions
US 35/Heaton St to Property on west side of the street.

Schools

Elementary school
Knox
Middle school
Knox
High school
Knox
School district
Knox Community School Corp.

Taxes & terms

Annual taxes
$3,491
Tax year
2026
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
Subject to Tenants' Rights
Parcel number
75-06-22-402-021.000-004

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer
Electric provider
NIPSCO
Gas provider
NIPSCO
Cable / internet provider
Mediacom

Income & commercial

Units
5
Annual gross rent
$42,600
Net operating income
$37,309
Parking spaces
9
Pets allowed
Yes
Tenant pays
Electricity, Fuel, Heat
Electric meters
5
Gas meters
5
Water meters
5
Water & sewer (annual)
$1,200
Electric (annual)
$600

Location

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$670,000

7 beds · 5 baths