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About This Home

This 5-bedroom, 3-bathroom multi-family at 900 E Cherry Street in Petersburg, IN is listed for $249,900 ($108 per sqft). the home offers 2,316 sqft of living space on a 0.25 acres lot.

Agent Description

Strong income-producing triplex with great tenants in Petersburg! This fully occupied property features three units, including two 2-bedroom units and one 1-bedroom unit, all supported by a consistent rental history and expenses kept to a minimum. All units include appliances, updated kitchen cabinets, and have solid hardwood floors, giving a more resiliant option compared to other flooring types.

Off-street parking adds additional tenant benefit and the storage area works out great for the property manager or owner to store equipment. This is a stabilized asset ideal for investors seeking reliable cash flow, low vacancy risk, and a solid addition to a growing portfolio. Don't miss this opportunity to step into an already performing property from day one and start your rental portfolio or add another quality asset to the list!

Key Features

  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
3 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

900 E Cherry Street

Petersburg, IN 47567

None

Features & Amenities

Exterior Features

Ceiling FanOff Street ParkingBarCable ReadyDetector-carbon MonoxideDetector-smokeEat-in KitchenFoyer EntryKitchen IslandPorch CoveredPorch OpenWater Heater GasWasher Hook-upSidewalksOutbuilding

Property Details

Flooring

LaminateWood

Parking

Off Street

Heating

Forced AirNatural Gas

Cooling

Central AirMulti Units

Appliances

DryerMicrowaveRange

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 900 E Cherry Street is listed at $249,900 ($108/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: 0.25 acre lot, 2 stories. Exterior Features: Ceiling Fan, Off Street Parking, Bar.

This property is listed by Tyler Simmons and can be reached at 8128901827 or tyler@vincennesrealty.com.

TS

Tyler Simmons

Agent at KLEIN RLTY&AUCTION, INC.

(812) 890-1827

Listed by KLEIN RLTY&AUCTION, INC. · View on Broker Site

MLS# 202614906· Source: listhub· Updated 39 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.

900 E Cherry Street, Petersburg, IN 47567

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