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  • $750,000

    10870 Private Road 570 W, Poland, IN 47868

    20beds
    10baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beautiful building siteRemodeling units
    MAKE THIS THE YEAR TO GO INTO THE RENTAL BUSINESS! 5 DUPEXES NEAR CATARACT LAKE WITH 10 UNITS ON OVER 6 ACRES, SOME OF WHICH BORDERS GOVERNMENT GROUND AND POSSIBLY MORE ROOM TO BUILD MORE DUPLEXES ON THIS PROPERTY! These could convert easily to 4BR 2BA homes but the rental income is there! Seller is currently remodeling units as tenants go out and raising rents to a reasonable amount. The need for rentals is ALWAYS THERE AND THIS IS DOWN BY THE LAKE! Go boating, fishing and swimming! The state boat dock launch ramp is down the road with a little country diner who had donuts and GREAT BISCUITS AND GRAVY last time I stopped. The 2 duplexes on State Hwy 42 are part of a HOA that a possibility of renting a boat dock if there was an opening. Rhetta Jeans at Poland for breakfast so East or West you got good food covered! I-70 is a great commute for Indy, Bloomington, Terre Haute and you get to be down by one of the most beautiful lakes in Indiana! Employment for your tenants can be found at the factories within 30 minutes away. Additional almost 4 acres can be bought that is adjacent to the duplexes for $65,000 and has the MOST BEAUTIFUL BUILDING SITE ON IT THAT THRU THE LEAVES YOU GET TO SEE THE LAKE BECAUSE IT BORDERS HARD TO FIND GOVERNMENT PROPERTY! Cataract water. Endeavor High Speed Fiber Internet! 2 Hardware stores with lumber within 15 minutes for project runs! This is the place to start your next investment!
    107 days
    on Zillow
    |
    246
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 12, 2025 at 10:12am

    Listing Provided by:

    Beth Neeley 765-376-6240,

    Down Home Real Est & Auction

    Source: MIBOR as distributed by MLS GRID,MLS#: 22035165MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 10870 Private Road 570 W.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Features
    • Has basement: No

    Property

    Lot
    • Size: 6.02 Acres
    Details
    • Additional parcels included: 600329200090720019
    • Parcel number: 600329400200110019

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1986
    Details
    • Builder name: Stanfield

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Poland

    Financial & listing details

    • Tax assessed value: $226,600
    • Annual tax amount: $9,130
    • Date on market: 4/27/2025
    • Tenant pays: Electricity
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