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Priced at $250,000, this multifamily property at 501 S Race St in Princeton, Indiana, provides a straightforward investment play. The site features two individual units, resulting in a per-unit valuation of $125,000. Princeton serves as a resilient community within the broader regional economy, benefiting from its strategic location in Southwestern Indiana where manufacturing and logistics sectors remain key drivers of local stability. Investors looking for manageable residential assets will find this configuration suitable for long-term rental income. The property's proximity to central regional transit corridors supports consistent tenant demand from the area's workforce. With two distinct units, the asset is well-positioned for straightforward property management and efficient occupancy tracking. This offering represents a viable addition to a residential portfolio in a growing regional market.
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