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Mount Summit, IN Apartment Buildings for Sale

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7-Unit Apartment Building
Updated: Jul 17
7-Unit Apartment Building

601 S Walnut Street, Mount Summit, IN 47361

$455,000
0.54 AC lot
7‑unit apartment building with 3,348 square feet of living area
Six one‑bedroom, one‑bath units of approximately 500 SF each
One efficiency unit with approximately 350 SF of living space
Fully occupied property with a 9.7% cap rate
Built in 1960; shingle and asphalt roof
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Summit, 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.

Remodeled 8-Unit Apartment Building
Remodeled 8-Unit Apartment Building

709 S Hutchinson Avenue, Muncie, IN 47303

$665,000
5,432 sqft

Two buildings feature updated interiors, washer/dryer hookups, and paved off-street parking on a nearly half-acre site.

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8-Unit Remodeled Apartment Community
8-Unit Remodeled Apartment Community

709 S Hutchinson Avenue, Muncie, IN 47303

$665,000
0.45 AC lot

Two-building multifamily property with updated residences, individual laundry hookups, paved parking, and public utilities.

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Downtown 6-Unit Apartment Building
Downtown 6-Unit Apartment Building

2702 Broad St, New Castle, IN 47362

$155,000
5,490 sqft

Six-unit apartment property with exterior, electrical, and plumbing improvements already completed for continued renovation.

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6-Unit Apartment Building
6-Unit Apartment Building

2702 Broad Street, New Castle, IN 47362

$135,000
0.31 AC lot

Partially updated property with exterior, electrical, and plumbing improvements.

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Mount Summit, IN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Mount Summit, IN on our real estate platform.

Sale prices for two-family homes in Mount Summit, IN average $455,000 — 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 268
Median Household Income $65,221
College Educated 42.2%

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