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Six-Unit Apartment Building
For Sale
$349,000

4865 W US 30 Highway, Columbia City, IN 46725

INVESTMENT, One Story, Columbia City, IN

Property Size4,312 SF
Lot Size1.21 Acres
Price / SF$80.94
Days on Market152

Property Features for 4865 W US 30 Highway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 1, Bathroom 4, Bedroom 11, Bedroom 7, Bathroom 3, Bedroom 4, Bathroom 6, Bedroom 10, Bedroom 3, Bathroom 2, Bedroom 9, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 5
Parking 12
Fireplace 1
Lot features Level
Elementary school South Whitley
Middle school Whitko Jr/Sr
High school Whitko Jr/Sr
Elementary school district Whitko
Middle school district Whitko
High school district Whitko
Directions 30 W from Columbia City. Property is on Left.
Subdivision Whitley County
Standard status Active
APN 92-07-01-000-407.000-007
Size 4,312 SF
Lot size 1.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description FRL NW4 S1 T31 R8 1.212A
Tax Annual Amount 5144
Legal Description FRL NW4 S1 T31 R8 1.212A

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1958
Floors in Building 1
Number of units 6
Flooring type Mixed, Carpet, Laminate
Roof type Shingle
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Ginger Miller · License #RB14048718
Added: Apr 6 Changed: Sep 2 Last Checked: Sep 4 at 5:06AM
MLS# 202611571

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.

This six-unit apartment property includes 4,312 square feet across two buildings, a shed, 6 bathrooms, and 11 bedrooms. The unit mix comprises five two-bedroom apartments and one one-bedroom apartment, with refrigerators and ranges provided in each unit. Wall-unit cooling, mixed flooring, shingle roofing, and a 1958 construction date are also documented. All six units are currently leased.

The property occupies approximately 1.21 acres at 4865 W US 30 Highway in Columbia City, Indiana. Its setting is described as just outside town with a country feel, and the site includes an abundance of parking. Electrical service is divided among 7 electric meters, while 5 gas meters serve the property.

Key Highlights

  • Six leased apartment units: five two‑bedroom units and one one‑bedroom unit
  • 4,312 square feet on approximately 1.21 acres
  • Two buildings plus a shed, with 11 bedrooms and 6 bathrooms

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with furnished kitchens, on-site parking, and a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 4865 W US 30 Highway Columbia City, IN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Six leased apartment units: five two‑bedroom units and one one‑bedroom unit; 4,312 square feet on approximately 1.21 acres; Two buildings plus a shed, with 11 bedrooms and 6 bathrooms
More about this property
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