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    Michigan City, IN Apartment Buildings for Sale

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    Five-Unit Apartment Building
    Updated: Jun 6
    Five-Unit Apartment Building

    320 E 8th, Michigan City, IN 46360

    $450,000
    0.16 AC lot
    Five‑unit configuration with one efficiency, three one‑bedroom, and one two‑bedroom units
    Built in 1875 with original foyer staircase and tall ceiling
    Large windows provide natural light throughout the units
    0.1578‑acre lot in Michigan City, Indiana
    Forced‑air natural gas heating and refrigerator included
    View details
    Five-Unit Multifamily Building
    Updated: Jun 6
    Five-Unit Multifamily Building

    320 E 8th St, Michigan City, IN 46360

    $450,000
    2,945 sqft
    5‑unit apartment building built in 1875
    Unit mix includes 1 efficiency unit, 3 one‑bedroom units, and 1 two‑bedroom unit
    Vintage foyer features an original staircase
    Tall ceilings and large windows help bring natural light into each unit
    Close to the South Shore station, Washington Park, and the beach
    View details
    See hot listings in Michigan City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 2 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1217-1227 W Porter Ave, Chesterton, IN 46304

    $869,000
    4,952 sqft 0.27 AC lot

    Two-story masonry construction with individual HVAC systems and on-site parking supports efficient multifamily operations.

    View details
    All-Brick Fully Leased 12-Unit
    All-Brick Fully Leased 12-Unit

    1623 Portage Ave, Chesterton, IN 46304

    $1,775,000
    10,500 sqft

    All-brick, fully occupied 12-unit building features 2-bedroom and 1-bedroom apartments with separate utilities and on-site laundry.

    View details
    5-Unit Multifamily Building
    5-Unit Multifamily Building

    806 Maple Ave, La Porte, IN 46350

    $425,000
    4,061 sqft

    Near downtown La Porte with access to shopping, dining, and major roadways.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    806 Maple Avenue, La Porte, IN 46350

    $425,000
    4,061 sqft 0.16 AC lot

    Central heating and public utilities support this multifamily property in La Porte.

    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1010 Cedar St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1010 Cedar St, Michigan City, IN 46360-3648

    Estimated value:
    $500,000
    6,858 sqft 0.09 AC lot
    View details
    110 Cedargate Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    110 Cedargate Ct, Michigan City, IN 46360-5681

    Estimated value:
    $3,105,000
    2,880 sqft 3.78 AC lot
    View details
    205 Garfield St
    APARTMENT HOUSE (UNDER 5 UNITS)

    205 Garfield St, Michigan City, IN 46360-5477

    Estimated value:
    $245,000
    5,280 sqft 0.12 AC lot
    View details
    2206 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2206 Michigan Blvd, Michigan City, IN 46360-5375

    Estimated value:
    $235,000
    5,220 sqft 0.15 AC lot
    View details
    913 Wabash St
    APARTMENT HOUSE (UNDER 5 UNITS)

    913 Wabash St, Michigan City, IN 46360-4090

    Estimated value:
    $255,000
    5,841 sqft 0.13 AC lot
    View details
    1716 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1716 Michigan Blvd, Michigan City, IN 46360-4933

    Estimated value:
    $245,000
    6,534 sqft 0.29 AC lot
    View details
    222 Warren St
    APARTMENT HOUSE (UNDER 5 UNITS)

    222 Warren St, Michigan City, IN 46360-4269

    Estimated value:
    $250,000
    3,900 sqft 0.19 AC lot
    View details
    202 Beachwalk Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    202 Beachwalk Ln, Michigan City, IN 46360-1782

    Estimated value:
    $275,000
    3,324 sqft 0.12 AC lot
    View details
    902 Pne St
    APARTMENT HOUSE (UNDER 5 UNITS)

    902 Pne St, Michigan City, IN 46360-3532

    Estimated value:
    $250,000
    2,499 sqft 0.14 AC lot
    View details
    2212 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2212 Michigan Blvd, Michigan City, IN 46360-5373

    Estimated value:
    $250,000
    5,166 sqft 0.19 AC lot
    View details
    2222 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2222 Michigan Blvd, Michigan City, IN 46360-5393

    Estimated value:
    $265,000
    6,672 sqft 0.18 AC lot
    View details
    3860 Dunes Hwy
    Multifamily properties

    3860 Dunes Hwy, Michigan City, IN 46360

    Estimated value: by Request
    7,448 sqft
    View details
    409 York St
    Multifamily properties

    409 York St, Michigan City, IN 46360

    Estimated value: by Request
    1,920 sqft
    View details
    625 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    625 Michigan Blvd, Michigan City, IN 46360-3294

    Estimated value:
    $290,000
    1,575 sqft 0.04 AC lot
    View details
    418 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)

    418 Franklin St, Michigan City, IN 46360-3327

    Estimated value:
    $270,000
    6,296 sqft 0.05 AC lot
    View details
    908 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)

    908 Franklin St, Michigan City, IN 46360-3583

    Estimated value:
    $230,000
    6,362 sqft 0.05 AC lot
    View details
    2817 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2817 Franklin St, Michigan City, IN 46360-6139

    Estimated value:
    $265,000
    7,139 sqft 0.14 AC lot
    View details
    409 9th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    409 9th St, Michigan City, IN 46360-4005

    Estimated value:
    $235,000
    3,128 sqft 0.13 AC lot
    View details
    616 10th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    616 10th St, Michigan City, IN 46360-3612

    Estimated value:
    $260,000
    2,976 sqft 0.04 AC lot
    View details

    Michigan City, IN Apartment Buildings Market Trends and Statistics

    Explore 21 apartment buildings for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 2,945 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for two-family homes in Michigan City, IN average $450,000 — 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 44K
    Population Growth (5Y) +0.7%
    Median Household Income $59,641
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46360 $450K

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaPorte County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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    Featured Michigan City Real Estate Agencies

    Realmo connects you with licensed Michigan City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Middleton Co.
    4121 S. Franklin St Michigan City, IN 46360
    Phone: 12198742121
    www.C21Middleton.com
    d'aprile properties llc
    827 1/2 Franklin Street Michigan City, IN 46360
    Phone: 12198774014
    www.daprileproperties.com
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