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6-Unit Apartment Property
For Sale
$309,000

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$71.66
Days on Market197

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 1, Bedroom 2, Bedroom 9, Bathroom 6, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 11, Bedroom 4
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 Laminate, Mixed, Carpet
Roof type Shingle
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Ginger Miller
Added: Apr 6 Changed: Oct 16 Last Checked: Oct 19 at 7:06PM
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.

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Investment Insights

Based on property information with market context.

The 4,312-square-foot apartment property comprises six units across two buildings, with five two-bedroom layouts and one one-bedroom layout. All units are currently leased. The property also includes a shed, six refrigerators, six ranges, seven electric meters, and five gas meters. Built in 1958, the buildings have wall-unit cooling, and a fireplace is present. The site encompasses 1.21 acres and includes parking.

Key Highlights

  • Six units: five two‑bedroom apartments and one one‑bedroom apartment
  • All six apartments are currently leased
  • 4,312 square feet across two buildings

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings offer a leased mix of one- and two-bedroom residences with a separate storage shed.
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 $309,000.
What are key features of this property?
This property features: Six units: five two‑bedroom apartments and one one‑bedroom apartment; All six apartments are currently leased; 4,312 square feet across two buildings
More about this property
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