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Property view

7028 E Heritage Drive, 
Pierceton, IN 46562

$1,800,000


47

Beds


25

Baths


18,357

Sq Ft


Multi-Family

Sold

Listed by

Jordan Wildman, Home: 260-498-0384

eXp Realty, LLC.

MLS#

202528244

Source:

Indiana Regional MLS

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About This Home

7028 E Heritage Drive

* POTENTIAL PARTIAL SELLER FINANCING! * An exceptional investment opportunity awaits with this well-maintained 24-unit apartment complex situated on a sprawling 6-acre lot in charming Pierceton, IN. Comprised of 12 duplexes, the property features twenty-three 2 bed / 1 bath units and one 1 bed / 1 bath unit, offering a total rental income of $19,440/month, with 23 units currently leased. Income can easily be brought up through multiple avenues! Each unit includes off-street parking for two cars, and tenants pay their own gas and electricity—keeping overhead low. A separate building provides on-site laundry facilities with coin-operated machines, a garage, and dedicated storage space, generating additional income potential and convenience for tenants. Ideally located near Pierceton Skate Park, Forest Ridge Family Campground, and just 15 minutes from Downtown Warsaw, this property offers the perfect balance of peaceful living with quick access to nearby amenities. Also very strong medical employers in close proximity allowing for strong tenant base! Whether you're expanding your portfolio or seeking a high-performing multifamily asset, this turnkey complex delivers stable cash flow, long-term growth, and rare scale in a desirable setting.

Home Facts

Multi-Family

25 Baths

47 Bedrooms

Built in 1976

Price Summary

2,000,000

$108 per Sq. Ft.

MLS #:

202528244

Sold:

September 25, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

47

Bathrooms

Total Bathrooms:

25

Full Bathrooms:

24

Interior

Living Area:

18,357 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

18,357 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

261,360


Finances & Disclosures

Finances

Price:

$2,000,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.