LaPorte Townhome Multifamily Investment
For Sale
Contact for pricing
5056 N Pawnee Trail, La Porte, IN 46350
30-unit multifamily property in LaPorte, Indiana, with convenient access.
Property Size42,000 SF
Lot Size10.00 Acres
Price / SF$71.43
Days on Market167
Property Features for 5056 N Pawnee Trail
General Information
Standard status
Active
Size
42,000 SF
Total Parking Spaces
60
Lot size
10.00 Acres
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$245,616
Building Details
Year Built
1970
Buildings
12
Stories
2
Units
30
Listing Agency:
Horvath & Tremblay
(312) 533-8899
Listed By:
Anthony Spangler · License #IL 475173833
Source:
Crexi
Added: Mar 18
Changed: Aug 24
Last Checked: Aug 29 at 4:52PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The Pawnee Trail Townhomes, located at 5056 N Pawnee Trail in LaPorte, IN, presents a multifamily investment opportunity. This two-story property features direct-entry townhome-style units, totaling thirty units. The unit mix includes sixteen 2-Bedroom/1.5-Bathroom units, six 3-Bedroom/1.5-Bathroom units, and eight 3-Bed/2.5-Bathroom units, encompassing 39,112 square feet of gross living area within a 42,000 square foot gross area. Situated on a 10-acre lot, the property provides sixty off-street parking spaces. The location offers convenient access to LaPorte's retail corridors, employment centers, and surrounding neighborhoods. Its connectivity to State Road 2, U.S. Route 35, and Interstate 94 facilitates travel to Michigan City, South Bend, and the Chicago metropolitan area. This location provides residents with access to shopping, employment, and recreational amenities while maintaining a residential setting within Northwest Indiana.
Key Highlights
- Thirty townhome‑style units with a mix of 2 and 3‑bedroom layouts.
- Located on a large 10‑acre lot.
- Convenient access to local retail, employment centers, and surrounding neighborhoods.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 46350, IN
44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit multifamily property in LaPorte, Indiana, with convenient access.
Where is this apartment building located?
The property is located at 5056 N Pawnee Trail La Porte, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Thirty townhome‑style units with a mix of 2 and 3‑bedroom layouts.; Located on a large 10‑acre lot.; Convenient access to local retail, employment centers, and surrounding neighborhoods.
