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    60-Unit Multifamily Apartment Community
    Updated: Apr 16
    60-Unit Multifamily Apartment Community

    652 Northgate Circle, Rochester, IN 46975

    $5,395,000
    74,198 sqft
    Northgate Apartments in Rochester, IN: 60‑unit multifamily community built in 1986
    Six two‑story buildings with a diversified unit mix: 24 studio units, 26 two‑bedroom townhomes, and 10 two‑bedroom apartment units
    Two‑bedroom townhomes and two‑bedroom apartment units include in‑unit washer and dryer (10 W/D units total)
    Multiple central air cooling units throughout the property with gas forced‑air heating
    Interior includes carpet and laminate flooring; 60 ranges/ovens and 60 refrigerators reported
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rochester, 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.

    14-Unit Apartment Complex
    14-Unit Apartment Complex

    408 N Jefferson Street, Converse, IN 46919

    $715,000
    7,880 sqft

    Three-building 14-unit complex with ground-level entries and on-site commercial laundry in Converse.

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    14-Unit Apartment Complex
    14-Unit Apartment Complex

    408 N Jefferson Street, Converse, IN 46919

    $715,000
    7,880 sqft 0.45 AC lot

    Three-building 14-unit apartment complex with ground-level entries and on-site laundry facilities.

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    6-Plex Apartment Building
    6-Plex Apartment Building

    208 E Van Buren Street, Columbia City, IN 46725

    $229,900
    3,754 sqft 0.26 AC lot

    Six fully occupied 1-bedroom units with convenient on-site parking and tenant-paid utilities.

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    Leased 6-Plex Rental Building
    Leased 6-Plex Rental Building

    4865 W US 30 Highway, Columbia City, IN 46725

    $349,000
    4,312 sqft 1.21 AC lot

    Two-building 6-plex with five 2-bedroom units and one 1-bedroom unit, all currently leased.

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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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    Rochester, IN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Rochester, IN on our real estate platform. These investment opportunities span a total of 74,198 square feet of properties for sale, with an estimated market value of $5,395,000.

    Sale prices for two-family homes in Rochester, IN start at $5,395,000, averaging $5,395,000, and reaching up to $5,395,000 — 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 14K
    Population Growth (5Y) -4.3%
    Median Household Income $64,009
    College Educated 21.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.92%
    Property Tax per SF $34.95 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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