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12-Unit Apartment Property
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530 W Douglas Street, Waterloo, IN 46793

Three-building multifamily property with renovated apartments and a consistent two-bedroom, one-bath unit mix.

Property SizeContact for details
Days on Market146

Property Features for 530 W Douglas Street

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 12 x 2BR/1BA
Multifamily Units 12

Building Details

Buildings 3
Listing Agency: BND Commercial Real Estate
Listed By: Dave Stemen · License #RB14036604
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 5:41PM

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 BND Commercial Real Estate

Investment Insights

Based on property information with market context.

This multifamily property includes three separate apartment buildings with 12 units in total. Each building contains four apartments, and every unit offers two bedrooms and one bathroom, creating a consistent configuration across the property.

The site encompasses just under one acre. Numerous renovations have been completed during the past four years, providing documented improvement history across the apartment property.

Key Highlights

  • 12 apartments across three separate buildings
  • Each building contains 4 two‑bedroom, one‑bath units
  • Consistent 2‑bedroom, 1‑bath unit configuration throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Hair Salon Plumbing Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 46793, IN

4,043
Population
1,782
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
91%
High-School Grad
53.0 sq mi
ZIP Area
76
Density / Sq Mi
$74,412
Median Household Income
$36,672
Median Earnings
$840
Median Rent
$177,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building multifamily property with renovated apartments and a consistent two-bedroom, one-bath unit mix.
Where is this apartment building located?
The property is located at 530 W Douglas Street Waterloo, IN.
What are key features of this property?
This property features: 12 apartments across three separate buildings; Each building contains 4 two‑bedroom, one‑bath units; Consistent 2‑bedroom, 1‑bath unit configuration throughout
More about this property
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