Great investment opportunity!! 30-unit apartment complex with 5 single story buildings. Each building has 6 two-bedroom units. Property also has 2 additional buildings, one with coin operated laundry and a garage that the owner only has access to. Property offers plenty of parking for tenants. Roof and siding are only 7 years old.
Pending
$1,899,000
715 E Race St #1-30, Eaton, IN 47338
60beds
23,448sqft
Est.:
Apartment Complex
Built in 1978
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Coin operated laundry
- 136 days
- on Zillow |
- 373 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 06:35am
Listed by:
Michael Lambert Cell:765-717-4723,
Leading Home Realty
Source: IRMLS,MLS#: 202446824

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 60
- Bathrooms: 30
- Full bathrooms: 30
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Laminate Counters
- Flooring: Carpet, Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 27,448
- Total interior livable area: 23,448 sqft
- Finished area above ground: 23,448
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 50
- Parking features: Paved
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Size: 6.1 Acres
- Dimensions: 550 x 600
- Features: Level, City/Town/Suburb, Landscaped
Details
- Additional structures: None
- Parcel number: 180325101009.000023
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Traditional
- Property subtype: Apartment Complex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: AEP/I&M
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Laundry Facilities, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Mill Race
Location
- Region: Eaton
Financial & listing details
- Annual tax amount: $9,456
- Date on market: 12/10/2024
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 201000
- Tenant pays: Electricity
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