Lakefront 8-Unit Apartment
For Sale
Contact for pricing
2303 E State Road 14, Rochester, IN 46975
Four separate residential buildings provide a multi-unit layout in Rochester’s lake-oriented setting.
Property Size6,978 SF
Lot Size0.54 Acres
Price / SF$94.44
Days on Market8
Property Features for 2303 E State Road 14
General Information
Standard status
Active
Size
6,978 SF
Lot size
0.54 Acres
Property subtype
Multifamily
Zoning
R3 – Lake Residential District
Additional Details
Road Access
Yes
Multifamily Units
8
Building Details
Buildings
4
Listing Agency:
NAI Cressy - Mishawaka
Listed By:
Shawn Todd · License #IN RB14043602
(574) 485-1520
Source:
Crexi
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 24 at 1:53PM
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.
Eight apartments are arranged across four separate buildings, with a combined building area of 6,978 square feet. The property includes 14 beds and occupies approximately 0.540 acres. R3 – Lake Residential District zoning applies to the site.
The buildings are situated on Lake Manitou in Rochester, Indiana. Surface parking lies between State Road 14 and the buildings, providing access from the roadway.
The buildings are situated on Lake Manitou in Rochester, Indiana. Surface parking lies between State Road 14 and the buildings, providing access from the roadway.
Key Highlights
- 8 apartments across 4 buildings
- 6,978 square feet of combined building area
- 14 beds across the property
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 46975, IN
14,288
Population
6,646
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
207.7 sq mi
ZIP Area
69
Density / Sq Mi
$64,009
Median Household Income
$40,210
Median Earnings
$848
Median Rent
$151,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four separate residential buildings provide a multi-unit layout in Rochester’s lake-oriented setting.
Where is this multifamily property located?
The property is located at 2303 E State Road 14 Rochester, IN.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 8 apartments across 4 buildings; 6,978 square feet of combined building area; 14 beds across the property
