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Triplex with Attached Garages
For Sale
$219,900

1009-1011 East Lawrence Street, Mishawaka, IN 46545

Three separately metered residences feature laundry hookups, radiant-floor heat, attached garages, and month-to-month occupancy.

Property Size2,678 SF
Price / SF$82.11
Days on Market144

Property Features for 1009-1011 East Lawrence Street

General Information

Standard status Active
Size 2,678 SF
Property subtype Multi Family / Triplex

Taxes and HOA fees

Annual Taxes $3,553

Amenities

Window
1
No
Carpet, Ceramic Tile
3
Floor, Radiant
Slab
6
Yes
Concrete
Stucco, Vinyl
Ceiling-9+

Building Details

Year Built 1922
Buildings 1
Units 3
Listing Agency: Kaser Realty, LLC
Listed By: Jason Kaser · License #RB14033635
Source: Compass
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 1:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kaser Realty, LLC

Investment Insights

Based on property information with market context.

This triplex contains three residences, each with 2 bedrooms, 1 bath, approximately 850 square feet, large closets, laundry hookups, and high ceilings of about 10 feet. Each unit includes a one-car attached garage, slab construction, and two water heaters serving domestic needs and radiant-floor heating. The 2,678-square-foot building was redone in 2000 and includes block-wall separation between units. Select units need additional work.

The property occupies a corner lot in Mishawaka near the River and Merrifield Park. Gas, water, and electric service are separately metered for each unit. Tenants have occupied the residences for 6–12 years under month-to-month arrangements, with vacancy possible upon notice. The property addresses are 721 and 725 Maple and 1009 E Lawrence.

Key Highlights

  • Three‑unit building with approximately 850 sqft per residence
  • Each unit includes 2 bedrooms, 1 bath, and a one‑car attached garage
  • Radiant floor heat supplied by dedicated water heaters in each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Computer & Electronic Repair Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

Demographics for 46545, IN

26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered residences feature laundry hookups, radiant-floor heat, attached garages, and month-to-month occupancy.
Where is this triplex located?
The property is located at 1009-1011 East Lawrence Street Mishawaka, IN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three‑unit building with approximately 850 sqft per residence; Each unit includes 2 bedrooms, 1 bath, and a one‑car attached garage; Radiant floor heat supplied by dedicated water heaters in each unit
More about this property
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