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Apartment Building Investment

102 East 2nd Street North Manchester, IN 46962

102 East 2nd Street, North Manchester, IN, 46962
$439,000
For Sale
$439,000

Well-maintained 7-unit apartment property with coin-operated laundry and assigned off-street parking for six units.

Property Size6,366 SF
Price / SF$68.96
Days on Market73

Property Features for 102 East 2nd Street

General Information

Standard status
Active
Size
6,366 SF
Property subtype
Multi Family / Sevenplex

Building Details

Year Built
1900
Listing agency Tri Oaks Realty
Listed by Keli Cordill · License #RB20000078
Source Compass
Added: May 11 Updated: Jul 22 at 6:44AM Checked: Jul 22 at 6:44AM

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 Tri Oaks Realty


Investment Insights

Based on property information with market context.

This well-maintained apartment building offers 7 rental units plus coin-operated laundry for tenant use only. The unit mix includes three 1-bedroom, 1-bath units, three 2-bedroom, 1-bath units, and one 2-bedroom, 2-bath unit. Four units are on the main level, including one with a screened-in front porch and an electric insert fireplace in the living room, and two additional units have fireplaces that are not used. Three units are located on the upper level.

Parking is handled with assigned off-street spaces for six units, with additional street parking available for visitors or extra vehicles. Recent updates include new LED lighting and 13 new windows. The property is also offered with 7 refrigerators and 7 stoves.

Key Highlights

  • Well‑maintained 7‑unit apartment building built in 1900
  • Unit mix: 3 one‑bedroom/one‑bath units, 4 two‑bedroom units (including three with 1 bath and one with 2 baths), 11 total bedrooms
  • Coin‑operated laundry for tenant use only, plus 1 washer and 1 dryer included on‑site

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Auto Parts Store Spa & Massage Center HVAC Service Pharmacy Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 7-unit apartment property with coin-operated laundry and assigned off-street parking for six units.
Where is this apartment building located?
The property is located at 102 East 2nd Street North Manchester, IN.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Well‑maintained 7‑unit apartment building built in 1900; Unit mix: 3 one‑bedroom/one‑bath units, 4 two‑bedroom units (including three with 1 bath and one with 2 baths), 11 total bedrooms; Coin‑operated laundry for tenant use only, plus 1 washer and 1 dryer included on‑site
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