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Two Triplex Investment Property
For Sale
$137,500
Pending

220 E Van Buren Street, Columbia City, IN 46725

MULTI_FAMILY - Columbia City, IN

Property Size2,142 SF
Lot Size0.15 Acres
Days on Market94

Property Features for 220 E Van Buren Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Parking 3
Fireplace 1
Lot features Level
Elementary school Mary Raber
Middle school Indian Springs
High school Columbia City
Elementary school district Whitley CO Cons Schools
Middle school district Whitley CO Cons Schools
High school district Whitley CO Cons Schools
Directions Going south on N Main St, turn left onto E Van Buren St, and the house will be on the right.
Subdivision Whitley County
Standard status Pending
APN 92-06-11-500-412.002-004
Size 2,142 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 43 FT LOT 2 BLK 12 ORIG PLAT TIFF 1 ZONED
Tax Annual Amount 900
Legal Description E 43 FT LOT 2 BLK 12 ORIG PLAT TIFF 1 ZONED

Building Details

Year built 1942
Floors in Building 2
Number of units 3
Flooring type Carpet, Laminate, Vinyl
Architectural style Other
Listing Agency: North Eastern Group Realty
Listed By: Alyssa Schendel · License #RB18002221
Added: May 11 Changed: Aug 1 Last Checked: Aug 12 at 3:06AM
MLS# 202617662

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two triplexes at 220 E Van Buren Street in Columbia City offer apartment-style living with three units per building. Each triplex includes three 1 bed/1 bath units, for a total of six units across both buildings. The property includes a basement and interior finishes listed as carpet, laminate, and vinyl, and a fireplace is indicated.

The combined site is 0.15 acres, and the property size is listed as 2,142 square feet. Construction year is 1942.

With the existing unit count and bedroom/bath configuration already in place, this setup may suit buyers looking for a multi-building rental portfolio focused on one-bedroom households.

Key Highlights

  • Two triplexes totaling six 1 bed/1 bath units
  • Three 1 bed/1 bath units per triplex building
  • 0.15‑acre lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Garden Center Locksmith Carpet & Flooring Store Catering Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby

Demographics for 46725, IN

23,917
Population
10,435
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
202.8 sq mi
ZIP Area
118
Density / Sq Mi
$76,214
Median Household Income
$47,059
Median Earnings
$907
Median Rent
$216,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Two triplexes on a small lot, built in 1942, with three 1 bed/1 bath units per building.
Where is this triplex located?
The property is located at 220 E Van Buren Street Columbia City, IN.
What is the asking price?
The asking price for this property is $137,500.
What are key features of this property?
This property features: Two triplexes totaling six 1 bed/1 bath units; Three 1 bed/1 bath units per triplex building; 0.15‑acre lot
More about this property
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