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For sale
  • $350,000

    52 Public Square, Salem, IN 47167

    4beds
    11,556sqft
    : 
    Quadruplex, Multi Family
    Built in 1940
    -- sqft lot
    $327,900 Zestimate®
    $30/sqft
    $-- HOA

    What's special

    Additional commercial unitTwo bedroom unitLarge commercial spaceOne bedroom units
    RARE OPPORTUNITY TO OWN THIS MULTI-FAMILY INVESTMENT PROPERTY within historic downtown Salem. Combination of 5 rental units: 1 large commercial space ($1,700/mo), 1-two bedroom unit ($875/mo), 2-one bedroom units ($780/mo each), and an additional commercial unit ($500/mo)! Open your own business and have rental income that makes your payment.... add to your current portfolio....use this to start your own investment portfolio....live in one unit while running a business and still having income to make your mortgage....so many possibilities that you can't go wrong. These units are nice and have been well-maintained. MAIN LEVEL BEING KEPT VACANT FOR YOUR NEW BUSINESS --- all other units RENTED. All city utilities.
    126 days
    on Zillow
    |
    158
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 31, 2025 at 08:45am

    Listed by:

    Lori J. Gilstrap,

    The Day Company REALTORS

    Source: SIRA,MLS#: 2024012896MLS LogoOriginating MLS: Southern Indiana REALTORS Association
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 52 Public Square.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Other
    Cooling
    • Wall Unit(s)
    Features
    • Storage
    • Basement: Partially Finished,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 11,556
    • Total interior livable area: 11,556 sqft
    • Finished area above ground: 10,296
    • Finished area below ground: 1,260

    Property

    Parking
    • Details: On Street
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227.2 Square Feet
    Details
    • Parcel number: 882417334028000022
    • Zoning: Central Business District
    • Zoning description: Central Business District

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $30/sqft
    • Annual tax amount: $3,079
    • Date on market: 12/20/2024
    • Listing terms: Cash,Conventional
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