Introducing a rare and lucrative investment opportunity—a well maintained three-story apartment complex offering a total of 7 rental units plus an expansive 5-bedroom, 2-bath owner’s suite perched on the third floor with stunning views of Lake Maxinkuckee. Situated just moments from the public beach and dining, this income-generating property combines prime location, steady rental income, and a luxurious private residence, making it ideal for owner-occupants, seasoned investors, or those seeking a blend of lifestyle and return on investment. Owners Airbnb their unit while not being used for an additional stream of income.
Active
$599,000
617 Pearl St, Culver, IN 46511
15beds
6,945sqft
Est.:
Sevenplex
Built in 1920
-- sqft lot
$575,700 Zestimate®
$--/sqft
$-- HOA
What's special
Luxurious private residence
- 14 days
- on Zillow |
- 1,174 |
- 79 |
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 10:45am
Listed by:
Shawn Reed shawn@shawnreed.net,
COLLINS and CO. REALTORS - CULVER
Source: IRMLS,MLS#: 202512446

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Basement: Partial
Interior area
- Total structure area: 6,945
- Total interior livable area: 6,945 sqft
- Finished area above ground: 6,945
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Gravel, Off Street
Features
- Levels: Three Story
- Stories: 3
- Patio & porch: Deck Covered, Deck
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 60x120
- Features: Level
Details
- Additional structures: None
- Parcel number: 502116302463.000014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Sevenplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Culver
Financial & listing details
- Annual tax amount: $4,002
- Date on market: 4/11/2025
- Listing terms: Cash,Conventional
- Inclusions: Building
- Lease term: Renewal Option
- Total actual rent: 67560
- Tenant pays: Cable TV, Electricity, Heating
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