7-Unit Apartment
For Sale
$425,000
525 Lincolnway West, Mishawaka, IN 46544
Multifamily property with one recently remodeled apartment and separate utility metering for each residence.
Property Size13,858 SF
Price / SF$30.67
Days on Market162
Property Features for 525 Lincolnway West
General Information
Standard status
Active
Size
13,858 SF
Property subtype
Commercial / Mixed Use
Additional Details
Gross Income
$54,000
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$6,000
Amenities
Wall AC
2
Yes
Part Carpet, Vinyl
Electric, Gas, Forced Air
Michigan Basement, Outside Entrance Only, Unfinished
Aggregated
Vinyl
Gravel
Asphalt
Building Details
Year Built
1884
Buildings
1
Listing Agency:
COLLINS and CO. REALTORS - LAKEVILLE
(574) 784-8080
Listed By:
Emeric Szalay · License #RB14045362
(574) 784-8080
Source:
Compass
Added: Mar 23
Changed: Aug 31
Last Checked: Aug 31 at 2:41AM
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 COLLINS and CO. REALTORS - LAKEVILLE
Investment Insights
Based on property information with market context.
This 7-unit multifamily property contains 13,858 square feet and dates to 1884. One apartment has undergone a complete renovation, while the building includes wall air conditioning, electric and gas forced-air systems, and an unfinished Michigan basement with outside access only.
Each residence has its own electric meter and gas meter, supporting separate utility billing. Tenants are responsible for all utilities. The property is located at 525 Lincolnway West in Mishawaka, Indiana.
Each residence has its own electric meter and gas meter, supporting separate utility billing. Tenants are responsible for all utilities. The property is located at 525 Lincolnway West in Mishawaka, Indiana.
Key Highlights
- 7 apartments in a multifamily building
- 13,858 square feet of property size
- One apartment totally remodeled
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 46544, IN
31,571
Population
13,661
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
39.8 sq mi
ZIP Area
793
Density / Sq Mi
$57,873
Median Household Income
$40,120
Median Earnings
$1,018
Median Rent
$151,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with one recently remodeled apartment and separate utility metering for each residence.
Where is this apartment building located?
The property is located at 525 Lincolnway West Mishawaka, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 7 apartments in a multifamily building; 13,858 square feet of property size; One apartment totally remodeled
