Listing courtesy of KLEIN RLTY&AUCTION, INC. · Listing agent: Tyler Simmons · Cell: 812-890-1827
900 E Cherry Street
Petersburg, IN 47567
- Energy efficient
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,316 sq ft
- Lot
- 0.25 ac
- Year built
- 1920
- Type
- Triplex
- Listed
- April 24, 2026
- MLS #
- 202614906
About this home
Strong income-producing triplex with great tenants in Petersburg! This fully occupied property features three units, including two 2-bedroom units and one 1-bedroom unit, all supported by a consistent rental history and expenses kept to a minimum. All units include appliances, updated kitchen cabinets, and have solid hardwood floors, giving a more resiliant option compared to other flooring types. Off-street parking adds additional tenant benefit and the storage area works out great for the property manager or owner to store equipment. This is a stabilized asset ideal for investors seeking reliable cash flow, low vacancy risk, and a solid addition to a growing portfolio. Don't miss this opportunity to step into an already performing property from day one and start your rental portfolio or add another quality asset to the list!
Monthly payment estimate
$1,660/mo
- Principal & interest
- $1,368
- Property taxes
- $219
- Homeowners insurance
- $73
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 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
- 2,316 sq ft
- Finished area above grade
- 2,316 sq ft
- Bedrooms above grade
- 5
- Basement
- Crawl Space
- Flooring
- Laminate, Wood
- Heating
- Natural Gas, Forced Air, Multiple Heating Systems
- Cooling
- Central Air, Window Unit(s), Multiple Cooling Units
- HVAC
- High Efficiency Furnace
- Amenities
- Ceiling Fan, Off Street Parking, Bar, Cable Ready, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Kitchen Island, Porch Covered, Porch Open, Water Heater Gas, Washer Hook-Up
Exterior & parking
- Style
- Traditional
- Construction
- Vinyl Siding
- Roof
- Asphalt
- Parking
- Gravel, Off Street
- Private pool
- No
- Other structures
- Outbuilding
- Outbuilding 1
- 120 sq ft
- New construction
- No
- Energy-efficient features
- Appliances, HVAC, Water Heater
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot, Sloped
- Lot size (acres)
- 0.25 ac
- Lot dimensions
- Square
- Location type
- City/Town/Suburb
- County
- Pike County
- Township
- Washington
- Platted
- Yes
- Planned unit development
- No
- Directions
- SR 61, on the corner of 61 and Cherry Street.
Schools
- Elementary school
- Petersburg
- Middle school
- Pike Central
- High school
- Pike Central
- School district
- Pike County School Corp.
HOA & community
- Community amenities
- Sidewalks
Taxes & terms
- Annual taxes
- $2,632
- Tax year
- 25
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- STTR
- Parcel number
- 63-02-22-740-600.800-012
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Duke Energy Indiana
- Gas provider
- CenterPoint Energy
Income & commercial
- Units
- 3
- Buildings
- 1
- Annual gross rent
- $34,800
- Net operating income
- $25,298
- Parking spaces
- 4
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel, Heat, Trash Collection
- Electric meters
- 3
- Gas meters
- 3
- Water meters
- 3
- Insurance (annual)
- $2,850
- Water & sewer (annual)
- $840
- Trash (annual)
- $680
- Maintenance (annual)
- $2,500
Units
| Unit | Count | Beds | Baths | Rent | Garage |
|---|---|---|---|---|---|
| — | — | 2 | 1 | $1,000 | — |
| — | — | 2 | 1 | $1,000 | — |
| — | — | 1 | 1 | $900 | — |