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Six-Unit Apartment Building
New
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 Market6

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 12, Bedroom 5, Bedroom 9, Bathroom 6, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 10, Bedroom 11, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
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 Last Checked: Aug 24 at 12:06PM
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 residences on a 0.3-acre parcel. The layout includes four one-story, two-bedroom units and two two-story residences, each with two bedrooms and two bathrooms. Every unit includes a refrigerator, range, microwave, dishwasher, and washer and dryer. Vinyl flooring, central air, shingle roofing, and a fireplace are also included among the property features.

The property is located at 601 S Burson Street in Winamac, Indiana. Nearby points of interest identified for the property include a school, the Panhandle Pathway walking trail, the town park, and downtown Winamac. Each residence has two paved parking spaces, with off-street parking provided on the property.

Key Highlights

  • Six total units across four one‑story and two two‑story residences
  • Four one‑story units with two bedrooms each
  • Two two‑story units, each with 2 bedrooms and 2 bathrooms

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with complete appliance packages, in-unit laundry, and dedicated paved 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 total units across four one‑story and two two‑story residences; Four one‑story units with two bedrooms each; Two two‑story units, each with 2 bedrooms and 2 bathrooms
More about this property
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