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Five-Unit Apartment Building
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220 W Elm St, Hartford City, IN 47348

Five-unit apartment complex with large two-bedroom units, full occupancy, and basement storage.

Property SizeContact for details
Days on Market142

Property Features for 220 W Elm St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Road Access Yes
Multifamily Units 5

Amenities

basement storage

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 7:04PM

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 Coldwell Banker Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This five-unit apartment complex is currently 100% occupied and features large two-bedroom units. Tenants are responsible for all utilities, and the building includes a basement area for storage. The property is described as well maintained, including a new roof installed in 2018.

The building is located on State Road 3 at Elm Street, with visibility described as strong while the complex sits on the quiet side of the street.

The owner will consider a contract, and the property may be purchasable with other linked units included with this listing, including both residential and commercial options.

Key Highlights

  • Five‑unit apartment complex with large 2‑bedroom units
  • 100% occupied with a great rental history
  • Tenants pay all utilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Real Estate Agency Bakery Skin Care Clinic

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

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 47348, IN

9,507
Population
4,541
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
116.3 sq mi
ZIP Area
82
Density / Sq Mi
$44,198
Median Household Income
$33,930
Median Earnings
$626
Median Rent
$98,300
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?
Apartment building - Five-unit apartment complex with large two-bedroom units, full occupancy, and basement storage.
Where is this apartment building located?
The property is located at 220 W Elm St Hartford City, IN.
What are key features of this property?
This property features: Five‑unit apartment complex with large 2‑bedroom units; 100% occupied with a great rental history; Tenants pay all utilities
(765) 808-1400 Call to check price and availability
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