Michigan City, IN Apartment Buildings for Sale

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Trail Creek, IN Beverly Shores, IN La Porte, IN

$299,900

0.12 Acres

Mixed-Use Investment Property For Sale

205 E Garfield Street, Michigan City, IN 46360

Mixed-use property with apartments and storefront in central location.

Income‑generating property with 4 currently rented apartments.
Gross monthly rents of $2575 from the apartments.
Includes a vacant store front, offering additional income potential.
Central location in Michigan City near Ames Field and Dairy Queen.
Appliances included: Range and Refrigerator.

Updated: Jan 28

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$549,000

Mixed-Use Property Near Train Station

1115 Franklin Street, Michigan City, IN 46360

Fully leased mixed-use property with retail and residential units.

Prime downtown Michigan City location, one block from the South Shore train station.
Fully leased, mixed‑use property providing immediate cash flow.
Street‑level retail space with excellent visibility and foot traffic.
One residential apartment completely renovated with modern finishes.
Separate carriage house adds versatility to the property.

Updated: Mar 18

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Based on your search, we've compiled 29 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, 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.

Mixed-Use Property on Indianapolis Boulevard

Contact for pricing

4,680 SF

Mixed-Use Property on Indianapolis Boulevard

East Chicago mixed-use property with high visibility and traffic.

4802 Indianapolis Blvd, East Chicago, IN 46312

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Contact for pricing

8,040 SF

Mixed-Use Property on Indianapolis Boulevard

Mixed-use property with residential and commercial units on Indianapolis Boulevard.

4802 Indianapolis Blvd, East Chicago, IN

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$1,295,000

10,560 SF

Portage Townhome Units For Sale

Eight fully occupied townhome units in Portage, Indiana.

2581 Parkview St, Portage, IN 46368

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$1,295,000

Portage Townhome Units For Sale

Eight townhome units in Portage, Indiana, generating rental income.

2573-2581 Parkview Street, Portage, IN 46368

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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.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

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

71 Salters Road, Greenville, SC 29607

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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) • 6,858 SF

Value Estimation by Request

1010 Cedar St, Michigan City, IN 46360-3648

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110 Cedargate Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 2,880 SF

APARTMENT HOUSE (UNDER 5 UNITS) • 3,128 SF

Value Estimation by Request

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

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616 10th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF

Value Estimation by Request

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

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Michigan City, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 21 apartment buildings for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $848,900.

Sale prices for two-family homes in Michigan City, IN start at $299,900, averaging $424,450, and reaching up to $549,000 — 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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Property Size Breakdown

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

Demographics Overview

Population 44K

Population Growth (5Y) +0.7%

Median Household Income $59,641

College Educated 15.5%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
46360	$432K

Taxes & Financing

Tax Rate (average for all types) 2.64%

Property Tax per SF $45.66 per sq ft

Tax Rate vs County Average 0.23 pp above county avg

Average Loan-to-Value 65.0%

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Michigan City, IN Apartment Buildings for Sale

Mixed-Use Investment Property For Sale

Mixed-use property with apartments and storefront in central location.

Mixed-Use Property Near Train Station

Fully leased mixed-use property with retail and residential units.

Opportunities in Nearby Cities

Mixed-Use Property on Indianapolis Boulevard

Mixed-Use Property on Indianapolis Boulevard

Portage Townhome Units For Sale

Portage Townhome Units For Sale

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Land Near Shepherd University

Greenville Development Opportunity: 1.33 Acres

Off-Market Properties in Michigan City, IN

1010 Cedar St

110 Cedargate Ct

205 Garfield St

2206 Michigan Blvd

913 Wabash St

1716 Michigan Blvd

222 Warren St

202 Beachwalk Ln

902 Pne St

2212 Michigan Blvd

2222 Michigan Blvd

3860 Dunes Hwy

409 York St

625 Michigan Blvd

418 Franklin St

908 Franklin St

2817 Franklin St

409 9th St

616 10th St

Michigan City, IN Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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