136 1/2 W 7th St

Peru, IN 46970

$240,000
Price
7
Beds
2,838 Sq. Ft.
$85 / Sq. Ft.
2,838
Sq. Ft.
$85
per Sq. Ft.

Description

Outstanding opportunity to own a proven income producing property! On one parcel, there is a duplex and single family home. 3 gas meters, 3 electric meters. Upper unit month to month, lower month to month. House and lower duplex units were frequently used as an AirBNB in 2024. Total revenue in 2024 was $34,000. Updates in the past few years include: furnaces, siding, house roof, water heaters. The property is part of an estate and is being sold as is.Outstanding opportunity to own a proven income producing property! On one parcel, there is a duplex and single family home. 3 gas meters, 3 electric meters. Upper unit month to month, lower month to month. House and lower duplex units were frequently used as an AirBNB in 2024. Total revenue in 2024 was $34,000. Updates in the past few years include: furnaces, siding, house roof, water heaters. The property is part of an estate and is being sold as is.
  1. Listed by Michael Mygrant • Mygrant Realty & Appraisals • Office: 765-461-7608

Property Details for 136 1/2 West 7th Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 09/28/2025 07:55 AM

Property Details for 136 1/2 West 7th Street

StatusActive
MLS #202531208
Days on Market147
Taxes$1,868 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1890
Lot Size0.12 AC / 5,227 SF
CountyMiami County

Location

Listing Courtesy of Mygrant Realty & Appraisals
Add your commute

Building Information for 136 1/2 West 7th Street

Stories2Residences3Year Built1890Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,325 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,170

Property Taxes

$156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 136 1/2 West 7th Street

Summary
Location and General Information
  • Area: Miami County
  • City: Peru
  • Zip Code: 46970
  • State: IN
  • Township: Peru
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Fips Code: 18103
  • Directions To Property: 24, north on Grant, east on 7th St
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 1868
  • Parcel Number Id: 52-08-28-417-049.000-016
School Information
  • School District: Peru Community Schools
  • Elementary: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru
Parking
  • Number Of Parking Spaces: 1
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.12
  • Lot Dimensions: 37x132'
  • Below Grade Unfin Sqft: 200.0
  • Total Square Feet: 3038.0
  • Approx Lot Size Sqft: 5227.0
  • Above Grade Finished Sqft: 2838.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 200.0
  • Total Finished Sqft: 2838.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, Level
Property and Assessments
  • New Construction: No
  • Year Built: 1890
  • Age: 135
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Countertops-Laminate, Patio Open
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 7
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 7
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 3
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $3,600.00
  • Annual Fuel Expense: $1,200.00
  • Annual Gross Rent $: $34,000
  • Annual Insurance Expense: $150
  • Annual Maint. Expense: $0
  • Annual Misc: $1,000
  • Annual Net Income: $24,742
  • Annual Property Tax: $1,868
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,440
  • Gross Monthly Income: $2,833
  • Gross Monthly Rent: $2,833
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Heating

Property History for 136 1/2 West 7th Street

DateEvent & SourcePriceAppreciation
Aug 7, 2025

Listed (Active)

Indiana Regional MLS #202531208

$240,000—
DateEvent & SourcePrice
08/07/2025

Listed (Active)

Indiana Regional MLS #202531208

$240,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 136 1/2 West 7th Street

Taxable ValueLand$4,700Additions$88,700Total$93,400
Tax Record2024$1,868 ($156 / month)
Home Facts
Baths3Total Finished SqFt1,972 SqFtAbove Grade Finished SqFt1,972 SqFtStories3Lot Size4,884 SqFtStyleDuplexYear Built1890Year Renovated1949CountyMIAMIAPN52-08-28-417-049.000-016Fireplace TypeHas Fireplace

Schools near 136 1/2 West 7th Street

This home is within Peru Community Schools.
Rating
School
Type
Grades
Distance
Elmwood Primary Learning Center
Public - PK to 2
Blair Pointe Upper Elementary
Public - 3 to 6
Peru High School
Public - 7 to 12
Peru Junior High School
Public - 7 to 8
Rating
School
Distance
Elmwood Primary Learning Center
PublicPK to 2

Blair Pointe Upper Elementary
Public3 to 6

Peru High School
Public7 to 12

Peru Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 136 1/2 West 7th Street, Peru, IN 46970

136 1/2 West 7th Street is a multi-family home for sale in Peru, IN 46970. This property was listed for sale on August 7, 2025 by Mygrant Realty & Appraisals, it's currently listed at $240,000. This listing's school district is Peru Community Schools. Nearby schools include Elmwood Primary Learning Center, Blair Pointe Upper Elementary and Peru High School. 136 1/2 West 7th Street is a 7-bed, 3-bath, 2,838 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mygrant Realty & Appraisals

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.