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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23042969
23042992

208 S Market St, Delphi, IN 46923

GT
IN RB16000950
Raeco Realty
Listed by Raeco Realty
$1,200,000
408 days on market
Updated 154 days ago
Opportunity zone

208 S Market Street

Details
APN 08-06-29-019-023.000-007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,063
Units 20
Occupancy 100%
Price per SqFt $75
Class B
Year Built 1880
Buildings 1
Stories 3
Lot Size (SqFt) 4,574
Zoning Central Business
Investment Type Value Add

Multifamily | 20 Units | $60,000/unit

Marketing description

Discover an incredible opportunity to own a 20 unit building in Delphi, Indiana that overlooks the historic courthouse square! Originally built in 1880, this fully-leased property features 17 apartments and 3 commercial spaces. It’s perfectly situated in a high visibility location just steps from Delphi’s vibrant downtown district that includes restaurants, retail, and more. The property presents a rare chance for investors to acquire a stable, cash-flowing asset with rent increases for the foreseeable future. Whether you’re looking to expand your portfolio or make your first foray into real estate, this wonderful property offers a prime location and a steady return on investment. Don’t miss out on this unique opportunity in one of Indiana’s most welcoming and historic communities. For showings, contact Grant Thompson at Raeco Realty at 765-412-2325.

Investment highlights

Fully leased

Potential for additional basement units

Value add

New roof

New Furnaces

Listing Contacts

GT
IN RB16000950
Raeco Realty
Listed by Raeco Realty

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Additional Information

Name
Grant Thompson
License
RB16000950
Brokerage
Raeco Realty
Title
Real Estate Broker
Brokerage Address
80 Saw Mill Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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