Listing courtesy of F.C. TUCKER EMGE · Listing agent: Anita Waldroup · Office: 812-386-6200
501 S Race Street
$234,555
$130.31 / sq ft
Princeton, IN 47670
Original price $250,000 · Price reduced on July 23, 2026
Estimate your monthly payment- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,800 sq ft
- Lot
- 0.16 ac
- Year built
- 2024
- Type
- Duplex
- Listed
- April 20, 2026
- MLS #
- 202613998
About this home
Price Reduced!! 1 Tenant is Month to Month and 2nd Lease has a Year Lease that will run thru 07/31/27. Call Realtor For Breakdown. Excellent Opportunity to Own not 1 but 2 Duplexes located in Princeton. Both duplexes custom built by the Amish, open floor plan concept for Liv Rm., Dining and Kitchen with nice size bar for seating and or a table as well. Each unit consist of 2 Beds, 1 Bath, Laundry Rm as well as Liv Rm, Dining Area, & Kitchen. Upon entering you will have a coat closet as well as numerous additional closets throughout. Laundry room with Washer & Dryer provided and has exit door. Each Unit (Race St & Prince St) have a Tenant that takes care of yard with Owner discounting their rent at a slight reduction. Restrictions: No Smoking, No Pets. Parking Pad is available for each tenant in front of the building.
Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 1,800 sq ft
- Finished area above grade
- 1,800 sq ft
- Bedrooms above grade
- 4
- Basement
- Slab
- Heating
- Electric
- Cooling
- Central Air
- Amenities
- Ceiling Fan, Off Street Parking, Bar, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Open Floor Plan, Porch Covered, Water Heater Electric, Washer Hook-Up, Custom Cabinetry
Exterior & parking
- Construction
- Vinyl Siding
- Roof
- Metal
- Parking
- Concrete, Paved, Private
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot, Level
- Lot size (acres)
- 0.16 ac
- Lot dimensions
- 50x142
- Location type
- City/Town/Suburb
- County
- Gibson County
- Township
- Patoka
- Cross street
- E Monroe Street
- Road frontage
- City Street
- Road surface
- Paved
- Platted
- Yes
- Planned unit development
- No
- Directions
- S Main, E on Monroe, Duplex on corner of Monroe & Race Streets.
Schools
- Elementary school
- Princeton
- Middle school
- Princeton
- High school
- Princeton
- School district
- North Gibson School Corp.
Taxes & terms
- Annual taxes
- $2,328
- Tax year
- 2026
- Tax exemptions
- No Exemptions
- Possession
- Immediate
- Parcel number
- 26-12-07-403-002.729-028
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Duke Energy Indiana
- Water provider
- Princeton Water Dept.
Income & commercial
- Units
- 2
- Buildings
- 1
- Annual gross rent
- $28,200
- Net operating income
- $24,794
- Parking spaces
- 2
- Pets allowed
- Yes
- Tenant pays
- Cable TV, Cooling, Electricity, Heat, Lawn Care, Snow Removal
- Electric meters
- 2
- Water meters
- 1
- Insurance (annual)
- $1,078
Location
Similar homes
$229,555
1020 S Prince Street
Princeton, IN 47670
- 4 beds
- 2 baths
- 1,800 sq ft
Listing courtesy of F.C. TUCKER EMGE
