Apartment Building

Hebron, IN Apartment Buildings for Sale

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Downtown Mixed-Use Property
Updated: Aug 23
Downtown Mixed-Use Property

118-120 N Main Street, Hebron, IN 46341

$1,675,000
13,400 sqft 0.18 AC lot
Two commercial suites and six apartments at 118‑120 N Main Street
Unfinished Unit 7 offers 1,800 sq. ft. for future buildout
Major improvements include new electrical panels, serviced HVAC, and 3/4 roof replacement
Apartments 2‑6 updated with kitchens, baths, AC units, LVP flooring, and stainless‑steel appliances
Restaurant and school uses occupy the commercial portions
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Downtown Mixed-Use Investment Property
Updated: Aug 29
Downtown Mixed-Use Investment Property

118-120 N Main St, Hebron, IN 46341

$1,675,000
13,400 sqft
Mixed‑use property at 118‑120 N Main St in downtown Hebron
Two commercial spaces and six apartments, plus unfinished Unit 7
Unfinished 1,800 sq. ft. Unit 7 requires kitchen and bathroom installation
8.5 cap rate with reported full occupancy
Large rear parking lot plus additional street parking
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hebron, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

22-Unit Apartment Building
22-Unit Apartment Building

321 Hoffman Court, Crown Point, IN 46307

$2,650,000
11,868 sqft 1.33 AC lot

Multifamily property near Bulldog Park and downtown Crown Point with off-street parking and public utilities.

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22-Unit Apartment Building
22-Unit Apartment Building

321 Hoffman Ct, Crown Point, IN 46307

$2,650,000
11,868 sqft 1.00 AC lot

Established multifamily property near downtown shopping, dining, events, and employers.

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Six-Unit Apartment Property
Six-Unit Apartment Property

2315 Industrial Boulevard, Gary, IN 46407

$499,900
6,457 sqft 0.22 AC lot

Two-building multifamily asset with updated HVAC, public utilities, and a detached residential unit.

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Apartment Building with Detached Home
Apartment Building with Detached Home

2315 Industrial Blvd, Gary, IN 46407

$499,900
6,457 sqft

Six residential units across two buildings provide updated interiors, varied layouts, and flexible ownership options.

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Hebron, IN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Hebron, IN on our real estate platform. These investment opportunities span a total of 26,800 square feet of properties for sale, with an estimated market value of $3,350,000.

Sale prices for apartment complexes in Hebron, IN average $1,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K
Population Growth (5Y) -1.6%
Median Household Income $99,444
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Hebron submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46341 $1.7M

Taxes & Financing

Tax Rate (average for all types) 2.00%
Property Tax per SF $59.17 per SF
Tax Rate vs County Average 0.19 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Porter County

New Delisted

Total CRE Inventory on Market (SF)

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