202 E 5th St

$660,000
Price
Beds
Baths
15,560 Sq. Ft.
$42 / Sq. Ft.
15,560
Sq. Ft.
$42
per Sq. Ft.

Description

INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy...INVESTMENT OPPORTUNITY, PASSIVE INCOMELooking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With a 9 percent CAP rate, over 100K in capital improvements last calendar year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81 percent occupancy rate! Increase your earning potential with a 100 percent occupancy rate! Call an agent today!
  1. Listed by Trisha Potts • RE/MAX Executives
    P: (219)-204-8312 C: (219)-204-8312 trishamariepotts@gmail.com

Property Details for 202 East 5th Street

Subdivision
Fowler
LISTING UPDATED: 10/26/2025 07:01 PM

Property Details for 202 East 5th Street

StatusPending
MLS #818685
Days on Market200
Taxes$5,350 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1900
Lot Size0.26 AC / 11,108 SF
CountyBenton County

Location

Listing Courtesy of RE/MAX Executives
Add your commute

Building Information for 202 East 5th Street

Stories2Residences16Year Built1900Building Size-Lot Size0.26 AC / 11,108 SF

Payment Calculator

$3,707 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,261

Property Taxes

$446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 202 East 5th Street

Summary
Location and General Information
  • Directions: US 52 to Fifth St. East to property.
  • City/Town: Fowler
  • State: IN
  • Township: Center
  • ZIP: 47944
  • Latitude: 40.62
  • Longitude: -87.32
  • County: Benton
Taxes and HOA
  • Annual Tax Amount: $5,350.00
  • APN/Key #: 040815223018000004
  • Tax Year: 2023
  • Tax Legal Description: OP LOT 408 N 22X109 1/3 OP LOTS 409-410-411 22X132 EACH
Parking
  • Garage Description: Off Street, On Street, Gravel, Additional Parking
Property
Lot Information
  • Lot Square Footage: 11,108.00
  • Square Footage: 15560.0
  • Acres: .26
Property and Assessments
  • Property Type: Commercial Sale
  • Property Subtype 1: Multi Family
  • Year Built: 1900
  • Potential Use: Commercial, Office, Multi-Family, Mixed Use
  • Current Use: Commercial, Office, Mixed Use, Multi-Family
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Electric: 100 Amp Service, Circuit Breakers
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Brick, Vinyl Siding
Interior Features
  • Basement Type: Unfinished
  • Basement: Yes
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl
  • Heat Type: Forced Air, Natural Gas
  • Roof: Other
  • Stories: 2
Multi Family
Multi-Family Information
  • # of Units: 16
Rental
Rental Information
  • TenantPays: Cable TV, Telephone, Gas, Electricity

Property History for 202 East 5th Street

DateEvent & SourcePriceAppreciation
Oct 24, 2025

Pending

Northwest Indiana REALTORS® Association #818685

Jul 28, 2025

Price Change

Northwest Indiana REALTORS® Association #818685

$660,000
Apr 7, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #818685

$690,000
Jan 29, 2021

Sold

Northwest Indiana REALTORS® Association #485469

$385,000
Jan 29, 2021

Pending

Northwest Indiana REALTORS® Association #485469

Jan 29, 2021

Sold

Northwest Indiana REALTORS® Association #485469

$385,000
Jan 29, 2021

In Contract

Northwest Indiana REALTORS® Association #485469

Dec 10, 2020

Pending

Northwest Indiana REALTORS® Association #485469

Dec 10, 2020

In Contract

Northwest Indiana REALTORS® Association #485469

Nov 24, 2020

Listed (Active)

Northwest Indiana REALTORS® Association #485469

$452,000
Nov 24, 2020

Listed (Active)

Northwest Indiana REALTORS® Association #485469

$452,000
DateEvent & SourcePrice
10/24/2025

Pending

Northwest Indiana REALTORS® Association #818685

07/28/2025

Price Change

Northwest Indiana REALTORS® Association #818685

$660,000
04/07/2025

Listed (Active)

Northwest Indiana REALTORS® Association #818685

$690,000
01/29/2021

Sold

Northwest Indiana REALTORS® Association #485469

$385,000
01/29/2021

Pending

Northwest Indiana REALTORS® Association #485469

01/29/2021

Sold

Northwest Indiana REALTORS® Association #485469

$385,000
01/29/2021

In Contract

Northwest Indiana REALTORS® Association #485469

12/10/2020

Pending

Northwest Indiana REALTORS® Association #485469

12/10/2020

In Contract

Northwest Indiana REALTORS® Association #485469

11/24/2020

Listed (Active)

Northwest Indiana REALTORS® Association #485469

$452,000
11/24/2020

Listed (Active)

Northwest Indiana REALTORS® Association #485469

$452,000

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

Public Records for 202 East 5th Street

Taxable ValueLand$12,100Additions$209,600Total$221,700
Tax Record2024$5,044 ($420 / month)
Home Facts
Total Finished SqFt15,560 SqFtAbove Grade Finished SqFt15,560 SqFtStories2Lot Size11,108 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyBENTONAPN04-08-15-223-018.000-004

Schools near 202 East 5th Street

This home is within Benton Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - PK to 6
Public - K to 6
Rating
School
Distance
Prairie Crossing Elementary School
PublicK to 6

Benton Central Jr-Sr High School
Public7 to 12

Boswell Elementary School
PublicPK to 6

Otterbein Elementary School
PublicK to 6

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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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 RE/MAX Executives

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association 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, Northwest Indiana REALTORS® AssociationSoutheastern 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 08:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.