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Nappanee, IN Apartment Buildings for Sale

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Wakarusa, IN Bremen, IN Goshen, IN Leesburg, IN Bourbon, IN Warsaw, IN Elkhart, IN Syracuse, IN
13-Unit Apartment Building
Updated: Sep 4
13-Unit Apartment Building

952 Walnut Street, Nappanee, IN 46550

$1,250,000
12,022 sqft 0.65 AC lot
13 apartment units within 12,022 square feet
0.65‑acre property at 952 Walnut Street in Nappanee
One- and two‑bedroom unit mix
New roof completed in 2020
Built in 1957
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Updated Apartment Building
Updated: Sep 6
Updated Apartment Building

952 Walnut Street, Nappanee, IN 46550

$1,250,000
12,022 sqft
13‑unit apartment property
12,022‑square‑foot building
Mix of one- and two‑bedroom units
New roof installed in 2020
Built in 1957
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See what stands out in Elkhart County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 2 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

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 Ln, Goshen, IN 46526

$795,000
6,608 sqft

Multifamily property with private parking, tenant-provided appliances, and recent HVAC updates.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

316 S Washington Street, Warsaw, IN 46580

$360,000
2,836 sqft 0.20 AC lot

Central air, updated finishes, and a recently replaced roof support the property’s multifamily configuration.

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One-Story Apartment Buildings
One-Story Apartment Buildings

210/218 S Silverwood Lane, Goshen, IN 46526

$795,000
6,608 sqft 0.71 AC lot

Eight main-level apartments with central air, private parking, and in-unit appliances provided to tenants.

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Six-Unit Apartment Building with Updates
Six-Unit Apartment Building with Updates

316 S Washington St, Warsaw, IN 46580

$360,000
2,836 sqft

Brick multifamily property with refreshed interiors, a new roof, and a practical unit mix near Downtown Warsaw.

View details

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

$240,000
Estimated value
3,348 sqft 0.19 AC lot
View details
203 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

203 Stonewall Ct, Nappanee, IN 46550-2767

$240,000
Estimated value
3,348 sqft 0.22 AC lot
View details
451 Market St
APARTMENT HOUSE (UNDER 5 UNITS)

451 Market St, Nappanee, IN 46550-1900

$250,000
Estimated value
2,047 sqft 0.11 AC lot
View details
904 Lincoln St
APARTMENT HOUSE (UNDER 5 UNITS)

904 Lincoln St, Nappanee, IN 46550-2152

$245,000
Estimated value
3,120 sqft 0.21 AC lot
View details
1051 Van Buren St
APARTMENT HOUSE (UNDER 5 UNITS)

1051 Van Buren St, Nappanee, IN 46550-1514

$225,000
Estimated value
2,030 sqft 3.72 AC lot
View details
205 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

205 Stonewall Ct, Nappanee, IN 46550-2769

$265,000
Estimated value
3,348 sqft 0.20 AC lot
View details
207 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

207 Stonewall Ct, Nappanee, IN 46550-2771

$250,000
Estimated value
3,348 sqft 0.19 AC lot
View details
201 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

201 Stonewall Ct, Nappanee, IN 46550-2765

$250,000
Estimated value
3,348 sqft 0.33 AC lot
View details
208 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

208 Stonewall Ct, Nappanee, IN 46550-2772

$250,000
Estimated value
3,348 sqft 0.20 AC lot
View details
204 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

204 Stonewall Ct, Nappanee, IN 46550-2768

$245,000
Estimated value
3,348 sqft 0.16 AC lot
View details
218 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

218 Stonewall Ct, Nappanee, IN 46550-2776

$245,000
Estimated value
3,348 sqft 0.21 AC lot
View details
212 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

212 Stonewall Ct, Nappanee, IN 46550-2749

$245,000
Estimated value
3,348 sqft 0.19 AC lot
View details
206 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

206 Stonewall Ct, Nappanee, IN 46550-2770

$240,000
Estimated value
3,348 sqft 0.20 AC lot
View details
217 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

217 Stonewall Ct, Nappanee, IN 46550-2775

$245,000
Estimated value
3,348 sqft 0.21 AC lot
View details
202 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

202 Stonewall Ct, Nappanee, IN 46550-2766

$240,000
Estimated value
3,348 sqft 0.38 AC lot
View details
211 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

211 Stonewall Ct, Nappanee, IN 46550-2748

$240,000
Estimated value
3,348 sqft 0.19 AC lot
View details
210 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

210 Stonewall Ct, Nappanee, IN 46550-2747

$240,000
Estimated value
3,348 sqft 0.18 AC lot
View details
216 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

216 Stonewall Ct, Nappanee, IN 46550-2774

$245,000
Estimated value
3,348 sqft 0.21 AC lot
View details
215 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

215 Stonewall Ct, Nappanee, IN 46550-2773

$245,000
Estimated value
3,348 sqft 0.21 AC lot
View details
213 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

213 Stonewall Ct, Nappanee, IN 46550-2752

$235,000
Estimated value
3,348 sqft 0.29 AC lot
View details
214 Stonewall Ct
APARTMENT HOUSE (UNDER 5 UNITS)

214 Stonewall Ct, Nappanee, IN 46550-2759

$240,000
Estimated value
3,348 sqft 0.23 AC lot
View details
154 Oakland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

154 Oakland Ave, Nappanee, IN 46550-2334

$240,000
Estimated value
2,544 sqft 0.16 AC lot
View details

Nappanee, IN Apartment Buildings Market Trends and Statistics

Explore 25 apartment buildings for sale in Nappanee, IN on our real estate platform. These investment opportunities span a total of 24,044 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for two-family homes in Nappanee, IN average $1,250,000 — 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

Total CRE Inventory on Market (SF)

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