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!
Active
$249,900
900 E Cherry St, Petersburg, IN 47567
5beds
2,316sqft
Triplex
Built in 1920
-- sqft lot
$235,500 Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingStorage areaUpdated kitchen cabinetsSolid hardwood floors
- 86 days |
- 195 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Tyler Simmons Cell:812-890-1827,
KLEIN RLTY&AUCTION, INC.
Source: IRMLS,MLS#: 202614906
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Multiple Heating Systems, High Efficiency Furnace
Cooling
- Central Air, Multi Units, Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Bar, Eat-in Kitchen, Entrance Foyer, Kitchen Island
- Flooring: Laminate, Wood
- Basement: Crawl Space
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
- Finished area above ground: 2,316
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Gravel, Off Street, Off Street Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered, Porch
- Fencing: None
Lot
- Size: 0.25 Acres
- Features: Corner Lot, Sloped, City/Town/Suburb
Details
- Additional structures: Outbuilding
- Parcel number: 630222740600.800012
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Green energy
- Energy efficient items: Appliances, HVAC, Water Heater
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: None
Location
- Region: Petersburg
Financial & listing details
- Tax assessed value: $135,000
- Annual tax amount: $2,631
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: 12 Months,Month To Month,Renewal Option
- Total actual rent: 34800
- Tenant pays: Electricity, Fuel, Heating, Trash Collection
Estimated market value
$235,500
$224,000 - $247,000
$1,142/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $249,900-5.7% |
Source:  IRMLS #202614906 Report a problem | ||
| 4/4/2026 | Listing removed | $265,000 |
Source: IRMLS #202540133 Report a problem | ||
| 3/13/2026 | Price change | $265,000-3.6% |
Source: IRMLS #202540133 Report a problem | ||
| 10/3/2025 | Listed for sale | $275,000+176.4% |
Source: IRMLS #202540133 Report a problem | ||
| 9/2/2018 | Listing removed | $99,500$43/sqft |
Source: CENTURY 21 Classic Realty #201439239 Report a problem | ||
| 9/2/2016 | Price change | $99,500-15.5%$43/sqft |
Source: CENTURY 21 Classic Realty #201439239 Report a problem | ||
| 9/9/2014 | Listed for sale | $117,760$51/sqft |
Source: CENTURY 21 Classic Realty #201439239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,582 +6.7% | $135,000 +4.6% |
| 2024 | $2,420 +11.1% | $129,100 +6.7% |
| 2023 | $2,178 +15.2% | $121,000 +11.1% |
| 2022 | $1,890 +5.6% | $108,900 +15.2% |
| 2021 | $1,790 +4.3% | $94,500 +5.6% |
| 2020 | $1,716 -13.6% | $89,500 +4.3% |
| 2019 | $1,987 +17.3% | $85,800 +1.4% |
| 2018 | $1,693 +0.6% | $84,600 +2.1% |
| 2017 | $1,683 -10.2% | $82,900 +0.6% |
| 2016 | $1,873 -3.2% | $82,400 +4.4% |
| 2014 | $1,936 +25.1% | $78,900 +1.9% |
| 2013 | $1,548 -0.9% | $77,400 -0.9% |
| 2012 | $1,562 +8.5% | $78,100 +8.5% |
| 2011 | $1,440 -0.7% | $72,000 -0.7% |
| 2010 | $1,450 -0.8% | $72,500 -0.8% |
| 2009 | $1,462 -25.8% | $73,100 +1.1% |
| 2007 | $1,971 -7.3% | $72,300 +0.1% |
| 2006 | $2,127 | $72,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47567
Nearby schools
GreatSchools rating
- 7/10Petersburg Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Pike Central Middle SchoolGrades: 6-8Distance: 4.6 mi
- 5/10Pike Central High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Petersburg
- Middle: Pike Central
- High: Pike Central
- District: Pike County School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $162,2693 bd2 ba2.1k sqft908 E Cherry St, Petersburg, IN 47567Sold
- $20,2006 bd5 ba2.7k sqft903 E Cherry St, Petersburg, IN 47567Off Market
- $37,6003 bd1 ba1k sqft910 E Cherry St, Petersburg, IN 47567Off Market
- $42,7003 bd1 ba1.6k sqft214 N 10th St, Petersburg, IN 47567Off Market
- $90,8003 bd1 ba1k sqft306 N 10th St, Petersburg, IN 47567Off Market
- $41,6002 bd1 ba1k sqft210 N 10th St, Petersburg, IN 47567Off Market
- $183,4003 bd1 ba1.7k sqft210 N 9th St, Petersburg, IN 47567Off Market
- $131,0004 bd2 ba-- sqft300 N 9th St, Petersburg, IN 47567Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $250,0003 bd3 ba2.3k sqft356 W Sandy Knoll Ln, Petersburg, IN 47567For Sale
MLS ID #202622397, Melody Faulk, RE/MAX Local. IRMLS - $260,0003 bd2 ba1.5k sqft379 N Mulberry St, Petersburg, IN 47567For Sale
MLS ID #202611524, Nikki Davis, F.C. TUCKER EMGE. IRMLS - $194,0003 bd2 ba1.2k sqft108 E Walnut St, Petersburg, IN 47567For Sale
MLS ID #202549344, David Williams, F.C. TUCKER EMGE. IRMLS - $165,5003 bd2 ba1.5k sqft103 E Walnut St, Petersburg, IN 47567For Sale
MLS ID #202611830, Marty Williams, Elite Home and Land Realty. IRMLS - $--4 bd2 ba2.2k sqft8547 W State Road 65, Hazleton, IN 47640AuctionAuction.com 1
- $245,0004 bd2 ba2.2k sqft10426 E Main St, Somerville, IN 47660For SaleMLS ID #202626147, William Atkins, Atkins Real Estate. IRMLS
- $--2 bd2 ba1.3k sqft5059 N Portersville Rd, Jasper, IN 47546AuctionMLS ID #202626510, Trent C Sohn, SOHN & ASSOCIATES, LTD.. IRMLS
- $255,0003 bd2 ba1.6k sqft714 Brett Cabel Rd, Washington, IN 47501For SaleMLS ID #202614543, Shelley R Brinson, Century 21 Classic Realty. IRMLS
- $224,9002 bd2 ba1.3k sqft1725 Bedford Rd, Washington, IN 47501For SaleMLS ID #202618072, Paula Potts, Century 21 Classic Realty. IRMLS
- $249,7003 bd1 ba1.3k sqft902 N 200 W, Washington, IN 47501For Sale By Owner
- $255,0003 bd2 ba1.9k sqft803 Longfellow Dr, Washington, IN 47501For SaleMLS ID #202534753, Rachel Knepp, Century 21 Classic Realty. IRMLS
- $299,9003 bd3 ba2.4k sqft5379 E Simpson Lake Dr, Vincennes, IN 47591For SaleMLS ID #202627004, Tyler Simmons, KLEIN RLTY&AUCTION, INC.. IRMLS
- $215,0006 bd4 ba2.6k sqft1405 S 15th St, Vincennes, IN 47591For SaleMLS ID #202623346, Erica Berendsen, KELLER WILLIAMS CAPITAL REALTY. IRMLS
- $250,0004 bd2 ba1.8k sqft1020 S Prince St, Princeton, IN 47670For SaleMLS ID #202613999, Anita J Waldroup, F.C. TUCKER EMGE. IRMLS
- $259,9003 bd2 ba2.2k sqft2433 N Church Rd, Vincennes, IN 47591For SaleMLS ID #202621391, Staci Clark, KNOX COUNTY REALTY, LLC. IRMLS
- $234,4004 bd3 ba3k sqft520 S Meridian St, Washington, IN 47501For SaleMLS ID #202618799, Chris Craig, Home & Harvest Properties LLC. IRMLS
- $249,9003 bd2 ba1.3k sqft306 Eastgate Dr, Vincennes, IN 47591For SaleMLS ID #202623795, Cathy A Houck, F.C. TUCKER EMGE. IRMLS
- $279,0003 bd2 ba1.5k sqft879 Troy Rd, Washington, IN 47501For SaleMLS ID #202626402, Shelley R Brinson, Century 21 Classic Realty. IRMLS
- $224,7004 bd3 ba2.7k sqft118 N Jackson St, Oakland City, IN 47660For SaleMLS ID #202619688, Larry Carpenter III, Carpenter Realty LLC. IRMLS
- $239,9003 bd2 ba1.2k sqft1271 S 950 E, Oakland City, IN 47660For SaleMLS ID #202620061, Tim D Mason, RE/MAX REVOLUTION. IRMLS
