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About This Home

This 4-bedroom, 2-bathroom multi-family at 501 S Race Street in Princeton, IN is listed for $250,000 ($139 per sqft). the home offers 1,800 sqft of living space on a 0.16 acres lot.

Agent Description

Excellent Opportunity to Own not 1 but 2 Duplexes located in Princeton. Both duplexes custom built by the Amish, open floor plan concept for Liv Rm., Dining and Kitchen with nice size bar for seating and or a table as well. Each unit consist of 2 Beds, 1 Bath, Laundry Rm as well as Liv Rm, Dining Area, & Kitchen.

Upon entering you will have a coat closet as well as numerous additional closets throughout. Laundry room with Washer & Dryer provided and has exit door. Most Tenants are on a month to month lease but have resided here for some time. Each Unit (Race St & Prince St) have a Tenant that takes care of yard with Owner discounting their rent at a slight reduction. Restrictions: No Smoking, No Pets. Parking Pad is available for each tenant in front of the building.

Key Features

  • 0.16 acre lot

Property Details

1 story
2 full

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

501 S Race Street

Princeton, IN 47670

None

Features & Amenities

Exterior Features

Ceiling FanOff Street ParkingBarCable AvailableCountertops-laminateDetector-smokeEat-in KitchenFoyer EntryKitchen IslandOpen Floor PlanPorch CoveredWater Heater ElectricWasher Hook-upCustom CabinetryNone

Property Details

Flooring

Other

Parking

Paved or Surfaced

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeWasher

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 501 S Race Street is listed at $250,000 ($139/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: 0.16 acre lot. Exterior Features: Ceiling Fan, Off Street Parking, Bar.

This property is listed by Anita Waldroup and can be reached at 8126647202 or anitawaldroup@fcte.com.

AW

Anita Waldroup

Agent at F.C. TUCKER EMGE

(812) 664-7202

Listed by F.C. TUCKER EMGE · View on Broker Site

MLS# 202613998· Source: listhub· Updated 42 days ago

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 S Race Street, Princeton, IN 47670

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