12-Unit Apartment
For Sale
Contact for pricing
11 Indiana Ave, Hamlet, IN 46532
Converted school building with coin-operated laundry serving tenants.
Property SizeContact for details
Days on Market142
Property Features for 11 Indiana Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
12
Amenities
coin laundry
Listing Agency:
NAI Cressy - Mishawaka
Listed By:
Chris Barth · License #IN RB14043585
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:07AM
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 NAI Cressy - Mishawaka
Investment Insights
Based on property information with market context.
The property is a former school facility converted to a 12-unit apartment building. Tenant amenities include coin-operated laundry equipment, which also provides an additional revenue stream. Vacant land next to the building is available separately for development.
The property is located at 11 Indiana Ave in Hamlet, Indiana. US 30 is approximately one-half mile north, while US 35 is about 2 miles west. A Conrail rail line connecting Chicago and Fort Wayne runs through the town.
The property is located at 11 Indiana Ave in Hamlet, Indiana. US 30 is approximately one-half mile north, while US 35 is about 2 miles west. A Conrail rail line connecting Chicago and Fort Wayne runs through the town.
Key Highlights
- 12‑unit apartment building created through the conversion of a former school
- Coin‑operated laundry available for tenants and producing additional revenue
- Adjacent vacant land offered separately for development
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 46532, IN
1,751
Population
692
Households
2.5
Avg Household Size
41
Median Age
12%
College-Educated
92%
High-School Grad
51.6 sq mi
ZIP Area
34
Density / Sq Mi
$71,339
Median Household Income
$36,540
Median Earnings
$880
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Converted school building with coin-operated laundry serving tenants.
Where is this apartment building located?
The property is located at 11 Indiana Ave Hamlet, IN.
What are key features of this property?
This property features: 12‑unit apartment building created through the conversion of a former school; Coin‑operated laundry available for tenants and producing additional revenue; Adjacent vacant land offered separately for development
