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  • $599,000

    617 Pearl St, Culver, IN 46511

    15beds
    6,945sqft
    : 
    Sevenplex
    Built in 1920
    -- sqft lot
    $575,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Luxurious private residence
    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.
    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#: 202512446MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 617 Pearl St.

    Next available tour time:Today at 12pm

    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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