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Nappanee, IN Apartment Buildings for Sale

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Goshen, IN Bremen, IN Leesburg, IN Bourbon, IN Warsaw, IN Elkhart, IN Syracuse, IN Mishawaka, IN
Apartment Community with Townhome Units
Updated: Apr 2
Apartment Community with Townhome Units

808 Northside Blvd, Nappanee, IN 46550

$4,900,000
Northside Manor Apartments in Nappanee, IN offers 65 townhome‑style units.
Unit mix includes 10 one‑bedroom/one‑bath, 15 two‑bedroom/one‑bath, 4 two‑bedroom/two‑bath, and 27 two‑bedroom/one‑bath units.
28 of the 65 units have been renovated (approx. 21.96% of the total units).
Recent capital improvements include all new roofs, new parking lot, and new gutters.
Interior renovations plus new siding and windows on two buildings, with added crawlspace access and foundation‑related updates.
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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 1 Active listings in Nappanee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

Two-Building Apartment Community
Two-Building Apartment Community

210/218 S Silverwood Lane, Goshen, IN 46526

$795,000
6,608 sqft 0.71 AC lot

Two-building apartment community with private parking, with roof and HVAC updates and in-unit appliances included.

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Five-Unit Apartment Building
Five-Unit Apartment Building

308 East Madison Street, Goshen, IN 46526

$274,900
2,050 sqft

Five-unit apartment building with four recently remodeled units and separate NIPSCO metering for each unit.

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Mixed-Use Main Street Building
Mixed-Use Main Street Building

121 & 123 S Main Street, Elkhart, IN 46516

$795,000
0.18 AC lot

Two storefront spaces with six apartments above, plus new 2024 roof, supporting office or retail use with income potential.

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Multifamily Rental Property
Multifamily Rental Property

301 W Jackson Boulevard, Elkhart, IN 46516

$130,000
2,502 sqft 0.08 AC lot

Well-maintained rental property for sale, offering flexibility for continued use or reconfiguration for future operating plans.

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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.

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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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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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.

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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.

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Off-Market Properties in Nappanee, IN

Consider similar Off-Market properties in Nappanee, 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.

209 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

209 Stonewall Ct, Nappanee, IN 46550-2745

Value Estimation by Request
3,348 sqft 0.19 AC lot
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203 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

203 Stonewall Ct, Nappanee, IN 46550-2767

Value Estimation by Request
3,348 sqft 0.22 AC lot
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451 Market St
APARTMENT HOUSE (UNDER 5 UNITS)

451 Market St, Nappanee, IN 46550-1900

Value Estimation by Request
2,047 sqft 0.11 AC lot
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904 Lincoln St
APARTMENT HOUSE (UNDER 5 UNITS)

904 Lincoln St, Nappanee, IN 46550-2152

Value Estimation by Request
3,120 sqft 0.21 AC lot
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1051 Van Buren St
APARTMENT HOUSE (UNDER 5 UNITS)

1051 Van Buren St, Nappanee, IN 46550-1514

Value Estimation by Request
2,030 sqft 3.72 AC lot
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205 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

205 Stonewall Ct, Nappanee, IN 46550-2769

Value Estimation by Request
3,348 sqft 0.20 AC lot
View details
207 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

207 Stonewall Ct, Nappanee, IN 46550-2771

Value Estimation by Request
3,348 sqft 0.19 AC lot
View details
201 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

201 Stonewall Ct, Nappanee, IN 46550-2765

Value Estimation by Request
3,348 sqft 0.33 AC lot
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208 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

208 Stonewall Ct, Nappanee, IN 46550-2772

Value Estimation by Request
3,348 sqft 0.20 AC lot
View details
204 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

204 Stonewall Ct, Nappanee, IN 46550-2768

Value Estimation by Request
3,348 sqft 0.16 AC lot
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218 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

218 Stonewall Ct, Nappanee, IN 46550-2776

Value Estimation by Request
3,348 sqft 0.21 AC lot
View details
212 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

212 Stonewall Ct, Nappanee, IN 46550-2749

Value Estimation by Request
3,348 sqft 0.19 AC lot
View details
206 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

206 Stonewall Ct, Nappanee, IN 46550-2770

Value Estimation by Request
3,348 sqft 0.20 AC lot
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217 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

217 Stonewall Ct, Nappanee, IN 46550-2775

Value Estimation by Request
3,348 sqft 0.21 AC lot
View details
202 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

202 Stonewall Ct, Nappanee, IN 46550-2766

Value Estimation by Request
3,348 sqft 0.38 AC lot
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211 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

211 Stonewall Ct, Nappanee, IN 46550-2748

Value Estimation by Request
3,348 sqft 0.19 AC lot
View details
210 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

210 Stonewall Ct, Nappanee, IN 46550-2747

Value Estimation by Request
3,348 sqft 0.18 AC lot
View details
216 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

216 Stonewall Ct, Nappanee, IN 46550-2774

Value Estimation by Request
3,348 sqft 0.21 AC lot
View details
215 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

215 Stonewall Ct, Nappanee, IN 46550-2773

Value Estimation by Request
3,348 sqft 0.21 AC lot
View details
213 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

213 Stonewall Ct, Nappanee, IN 46550-2752

Value Estimation by Request
3,348 sqft 0.29 AC lot
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214 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

214 Stonewall Ct, Nappanee, IN 46550-2759

Value Estimation by Request
3,348 sqft 0.23 AC lot
View details
154 Oakland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

154 Oakland Ave, Nappanee, IN 46550-2334

Value Estimation by Request
2,544 sqft 0.16 AC lot
View details
152 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

152 Main St, Nappanee, IN 46550-1938

Value Estimation by Request
6,071 sqft 0.07 AC lot
View details

Nappanee, IN Apartment Buildings Market Trends and Statistics

Explore 24 apartment buildings for sale in Nappanee, IN on our real estate platform.

Sale prices for two-family homes in Nappanee, IN average $4,900,000 — 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 12K
Population Growth (5Y) -2.7%
Median Household Income $80,403
College Educated 11.5%

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $37.19 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elkhart County

New Delisted

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