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Kendallville, IN Apartment Buildings for Sale

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Kendallville Age-Restricted Apartment Community
Updated: Mar 4
Kendallville Age-Restricted Apartment Community

1320 Knoll Crest Dr., Kendallville, IN 46755

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63,900 sqft
Stabilized 74‑unit multifamily asset offering immediate and reliable cash flow.
Age‑restricted (55+) community.
6.57% cap rate.
Mix of one- and two‑bedroom floor plans, with a majority of units featuring front‑facing garages.
Enjoy the convenience of in‑unit laundry in every unit.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kendallville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Six-Unit Apartment Building with Fireplace
Six-Unit Apartment Building with Fireplace

208 E Van Buren Street, Columbia City, IN 46725

$229,900
3,754 sqft 0.26 AC lot

Fully occupied 6-plex with all 1-bedroom units, basement, and on-site off-street parking on a 0.258-acre lot.

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Butler Multifamily Investment Opportunity
Butler Multifamily Investment Opportunity

501 N Broadway Street, Butler, IN 46721

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3,712 sqft

Six-unit apartment building with strong cash flow potential.

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Six-Plex Apartment Building
Six-Plex Apartment Building

4865 W US 30 Highway, Columbia City, IN 46725

$349,000
4,312 sqft 1.21 AC lot

Six-plex with five two-bedroom and one one-bedroom units, currently leased, built in 1958.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

230-232 S Bdwy St, Butler, IN

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6,505 sqft 0.28 AC lot

Bar, ice cream parlor, and apartments in Butler, Indiana.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$650,000
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Kendallville, IN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Kendallville, IN on our real estate platform. These investment opportunities span a total of 63,900 square feet of properties for sale.

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Demographics Overview

Population 16K
Population Growth (5Y) +1.8%
Median Household Income $66,034
College Educated 24.2%

Taxes & Financing

Tax Rate (average for all types) 1.84%
Property Tax per SF $31.42 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Noble County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Kendallville fall within the 100,000+ square foot range.

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