Apartment Building

Ridgeville, IN Apartment Buildings for Sale

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Mixed-Use Multifamily Building
Updated: Jun 12
Mixed-Use Multifamily Building

118 S Walnut Street, Ridgeville, IN 47380

$110,000
6,142 sqft 0.13 AC lot
Two newly renovated 2BR/1BA apartments are currently rented for $550 and $600/month (leases available)
Laundry hookups in both apartments and new electric furnaces
Main level includes a former retail space with a working restroom plus a 3BR/1.5BA apartment in need of renovation
Upstairs provides 2,000+ sq ft of storage
Off‑street parking and metal roof
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ridgeville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Renovated Apartment Portfolio with Commercial Space
Renovated Apartment Portfolio with Commercial Space

1517 S Walnut Street, Muncie, IN 47302

$525,000
5,300 sqft

Portfolio includes renovated and partially rehabbed apartment units plus a vacant commercial space with a garage.

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Richmond Apartments with Loft Units
Richmond Apartments with Loft Units

401 N 10th St, Richmond, IN 47374

$4,355,000

67-unit apartment community with unique floor plans and modern finishes.

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11-Unit Multifamily Investment
11-Unit Multifamily Investment

1525 N C St, Richmond, IN 47374

$99,900

11-unit multifamily property offered as a full rehabilitation project in Richmond.

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13-Unit Multifamily Property
13-Unit Multifamily Property

1517 S Walnut Street, Muncie, IN 47302

Contact for pricing

Well-suited for value-add, this 13-unit multifamily asset is positioned for modernization in Muncie, Indiana.

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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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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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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Ridgeville, IN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Ridgeville, IN on our real estate platform. These investment opportunities span a total of 6,142 square feet of properties for sale, with an estimated market value of $110,000.

Sale prices for two-family homes in Ridgeville, IN average $110,000 — 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 1,537
Population Growth (5Y) -4.7%
Median Household Income $55,278
College Educated 9.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47380 $110K

Taxes & Financing

Tax Rate (average for all types) 2.13%
Property Tax per SF $30.21 per SF
Tax Rate vs County Average 0.33 pp below county avg
Average Loan-to-Value 65.0%

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