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Newly Built Apartment Building
For Sale
$725,000

601 S Burson Street, Winamac, IN 46996

INVESTMENT, Two Story, Winamac, IN

Property Size5,872 SF
Lot Size0.30 Acres
Price / SF$123.47
Days on Market11

Property Features for 601 S Burson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 10, Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 9, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 7, Bedroom 11, Bedroom 6, Bathroom 1, Bedroom 1, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 5, Bedroom 12
Parking 12
Parking features Off Street
Fireplace 1
Basement Concrete
Lot features City/ Town/ Suburb, Near Walking Trail, Level, 0-2.9999
Elementary school Eastern Pulaski
Middle school Winamac Community
High school Winamac Community
Elementary school district Eastern Pulaski Community S.D.
Middle school district Eastern Pulaski Community S.D.
High school district Eastern Pulaski Community S.D.
Directions From Intesection of Hwy 35 and 119 East. Drive South on Hwy 35. Turn West on Huddleston St. Duplex's located on corner of Huddleston and Burson St.
Subdivision Pulaski County
Standard status Active
APN 66-14-13-328-008.000-011
Size 5,872 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 011-00485-00 HOLSINGER ADD LOT 24 011-00484-00 HOLSINGER ADD LOT 23
Tax Annual Amount 3989
Legal Description 011-00485-00 HOLSINGER ADD LOT 24 011-00484-00 HOLSINGER ADD LOT 23

Utilities

Cooling system Central Air

Amenities

refrigerator
range
microwave
dishwasher
washer & dryer

Building Details

Year built 2023
Floors in Building 2
Number of units 6
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX SELECT REALTY · RE/MAX International
Listed By: Lisa Malchow · License #RB16001784
Added: Aug 19 Changed: Aug 26 Last Checked: Aug 29 at 1:06AM
MLS# 202633888

Copyright © 2026 North Central Indiana Association of Realtors. 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.

Completed in 2023, this 5,872-square-foot apartment property contains six units arranged as three duplexes on a 0.3-acre lot. Four units are single-story two-bedroom residences, while the remaining duplex has two-story units with two bedrooms and two bathrooms each. The 12-bedroom, six-bathroom configuration is complemented by vinyl flooring, central air, shingle roofing, and fireplaces.

Each residence includes a refrigerator, range, microwave, dishwasher, and washer and dryer. Every unit also has two paved parking spaces. The property is located in Winamac near a school, the Panhandle Pathway trail, a town park, and downtown.

Key Highlights

  • Six apartment units organized as three duplexes
  • 5,872 square feet on a 0.3‑acre lot
  • Built in 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Carpet & Flooring Store Dental Office

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

Demographics for 46996, IN

6,830
Population
3,053
Households
2.2
Avg Household Size
44
Median Age
17%
College-Educated
92%
High-School Grad
189.3 sq mi
ZIP Area
36
Density / Sq Mi
$60,287
Median Household Income
$40,014
Median Earnings
$690
Median Rent
$138,800
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 - Six-unit apartment property with duplex layouts, in-unit laundry, central air, and paved off-street parking.
Where is this apartment building located?
The property is located at 601 S Burson Street Winamac, IN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Six apartment units organized as three duplexes; 5,872 square feet on a 0.3‑acre lot; Built in 2023
More about this property
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