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    Age-Restricted Multifamily Investment Opportunity
    Updated: Mar 4
    Age-Restricted Multifamily Investment Opportunity

    301 Parent Dr., Ossian, IN 46777

    Contact for pricing
    40,200 sqft 6.28 AC lot
    Age‑restricted (55+) multifamily property, appealing to a specific demographic with potentially stable occupancy.
    Desirable unit mix with front‑facing garages and in‑unit laundry, enhancing tenant appeal.
    Tenants are separately metered and responsible for all utilities, minimizing landlord expenses.
    Located in a growing Northeast Indiana community, suggesting potential for appreciation and demand.
    Upside potential through future rental rate growth, offering increased revenue opportunities.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ossian, 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.

    12-Unit Apartment Building
    12-Unit Apartment Building

    121 E Quincy Street, Garrett, IN 46738

    $499,900
    0.07 AC lot

    Offered in its current condition, the property requires substantial rehabilitation.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    4013 S Wayne Avenue, Fort Wayne, IN 46807

    $499,000
    3,406 sqft 0.12 AC lot

    Two-story property combines leased units, short-term rental operations, and storage space.

    View details
    Apartment Community with Covered Parking
    Apartment Community with Covered Parking

    6440 FAIRFIELD AVE, Fort Wayne, IN 46807

    Contact for pricing
    93,120 sqft

    The community offers one- and two-bedroom layouts, on-site laundry, and an on-site leasing office.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    121 East Quincy Street, Garrett, IN 46738

    Contact for pricing

    The property is offered as-is and has deferred maintenance alongside existing occupancy.

    View details

    Ossian, IN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Ossian, IN on our real estate platform. These investment opportunities span a total of 40,200 square feet of properties for sale.

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    Demographics Overview

    Population 6,136
    Population Growth (5Y) -4.9%
    Median Household Income $69,294
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $30.91 per SF
    Tax Rate vs County Average 0.37 pp below county avg
    Average Loan-to-Value 65.0%

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