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Redkey, IN Apartment Buildings for Sale

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Bar and Grill with Apartments
Updated: May 23
Bar and Grill with Apartments

1 S Meridian St, Redkey, IN 47373

$199,000
Fully operational Val's Bar and Grill offering food, drinks, and weekly Queen of Hearts drawings
Bar features pool table, WiFi jukebox, and a bowling game, plus participation as part of Redkey's Downtown Revitalization
Sale includes restaurant equipment, security system, safe, and a Type 210 3‑way liquor license
Additional licenses/endorsements include catering and carry‑out, gaming license, and cigarette license (buyer can apply)
Includes 4 studio apartments, 1 one‑bedroom apartment, and a large rented garage for storage to generate additional income
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Redkey, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Historic Downtown Apartment Building
Historic Downtown Apartment Building

215 E 3rd St, Marion, IN 46952

$2,500,000
7,053 sqft

Twenty-three residential units include furnished options, a studio, and a dedicated office space.

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Stabilized Multifamily Portfolio
Stabilized Multifamily Portfolio

1608 N Elm St, Muncie, IN 47303

Contact for pricing

Portfolio includes 24 multifamily properties totaling 101 units, with stabilized operations and 94% occupancy.

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Stabilized Multifamily Portfolio Package
Stabilized Multifamily Portfolio Package

406 E Gilbert St, Muncie, IN 47305

Contact for pricing

Portfolio includes 24 multifamily properties totaling 101 units, with stabilized performance and 94% occupancy.

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40-Unit Apartment Community
40-Unit Apartment Community

3722 S Granton Pl Dr, Marion, IN 46953

Contact for pricing

Granton Place offers 40 apartment units with washer/dryer hookups and patios or balconies.

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Off-Market Properties in Redkey, IN

Consider similar Off-Market properties in Redkey, 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.

9701 State Rd 67
APARTMENT HOUSE (UNDER 5 UNITS)

9701 State Rd 67, Redkey, IN 47373-9297

$295,000
Estimated value
3,360 sqft 0.45 AC lot
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103 High St
APARTMENT HOUSE (UNDER 5 UNITS)

103 High St, Redkey, IN 47373

$165,000
Estimated value
1,468 sqft 0.05 AC lot
View details

Redkey, IN Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Redkey, IN on our real estate platform.

Sale prices for two-family homes in Redkey, IN average $199,000 — 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 2,218
Population Growth (5Y) -10.1%
Median Household Income $49,199
College Educated 16.9%

High-Yield Neighborhoods for Investment

Identify Redkey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47373 $199K

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $44.15 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

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