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    Michigan City, IN
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    Michigan City, IN Apartment Buildings for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN
    Five-Unit Residential Income Building
    Updated: Jun 6
    Five-Unit Residential Income Building

    320 E 8th, Michigan City, IN 46360

    $495,000
    0.16 AC lot
    5‑unit property with 1 efficiency unit, three 1‑bedroom units, and one 2‑bedroom unit
    Built in 1875, featuring original staircase and tall ceilings in the vintage foyer
    Forced air heating with natural gas
    Public water and public sewer
    Large windows in each unit for natural light
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    Downtown Mixed-Use Building with Retail
    Updated: Sep 29, 2025
    Downtown Mixed-Use Building with Retail

    521 Franklin St, Michigan City, IN 46360

    $1,590,000
    21,057 sqft
    10‑unit mixed‑use building with 3 street‑level commercial spaces and 7 upstairs apartments
    Includes two office/retail storefronts and one restaurant space with established infrastructure
    Apartment mix includes open loft‑style studios and one‑bedroom units
    Seven unique apartments with individual character and layouts
    Located in the downtown Arts District near arts district retail and dining
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    Mixed-Use Property Near Train Station
    Mixed-Use Property Near Train Station

    1115 Franklin Street, Michigan City, IN 46360

    $529,000

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Five-Unit Multifamily Building
    Five-Unit Multifamily Building

    320 E 8th, Michigan City, IN 46360

    $495,000

    Five well-defined apartment units, including one efficiency, three 1-bedrooms, and one 2-bedroom, with period interior details.

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    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 4 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.

    9-Unit Multifamily Investment
    9-Unit Multifamily Investment

    205 Michigan Avenue, Valparaiso, IN 46383

    $1,160,000
    9,246 sqft · 0.20 AC lot

    Well-maintained 9-unit property with studio through 3-bedroom layouts and a history of stable occupancy.

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    Charming Multifamily Property in Valparaiso
    Charming Multifamily Property in Valparaiso

    205 Michigan Avenue, Valparaiso, IN 46383

    $1,160,000
    9,246 sqft

    Well-maintained 9-unit property with diverse unit mix in Valparaiso.

    View details
    Portage Multifamily Investment Opportunity
    Portage Multifamily Investment Opportunity

    6021-55 Canden Ave., 2378-2400 Dixie Dr. , 6021-6121 McCasland Ave, Portage, IN 46368

    $11,500,000
    96,200 sqft

    100-unit multifamily property in Portage, Indiana, with renovation upside.

    View details
    Portage Townhome Units For Sale
    Portage Townhome Units For Sale

    2581 Parkview St, Portage, IN 46368

    $1,295,000
    10,560 sqft

    Eight fully occupied townhome units in Portage, 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.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

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

    View details
    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.

    View details
    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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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

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

    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

    Value Estimation by Request
    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

    $3,175,000
    Estimated value
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    6,672 sqft · 0.18 AC lot
    View details
    3860 Dunes Hwy
    Multifamily properties

    3860 Dunes Hwy, Michigan City, IN 46360

    Value Estimation by Request
    7,448 sqft
    View details
    409 York St
    Multifamily properties

    409 York St, Michigan City, IN 46360

    Value Estimation by Request
    1,920 sqft
    View details
    625 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    625 Michigan Blvd, Michigan City, IN 46360-3294

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    2,976 sqft · 0.04 AC lot
    View details

    Michigan City, IN Apartment Buildings Market Trends and Statistics

    Explore 23 apartment buildings for sale in Michigan City, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 21,057 square feet of properties for sale, with an estimated market value of $1,590,000.

    Sale prices for two-family homes in Michigan City, IN start at $1,590,000, averaging $1,590,000, and reaching up to $1,590,000 — 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 $782.3K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in LaPorte County

    Office

    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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