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Newly Built Six-Unit Apartment Property
New
For Sale
$725,000

601 S Burson Street, Winamac, IN 46996

Commercial Sale, 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 Commercial Sale
Property subtype Other
Parking 6
Parking features Off Street, Driveway
Interior features Ceiling Fan(s), Open Floorplan
Basement Crawl Space
Appliances Range, Refrigerator
Subdivision Holsinger Add
Lot features Back Yard, Rectangular Lot
Elementary school district Eastern Pulaski
Middle school district Eastern Pulaski
High school district Eastern Pulaski
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.
Standard status Active
APN 661413328008000011
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 11000
Legal Description 011-00485-00 HOLSINGER ADD LOT 24 011-00484-00 HOLSINGER ADD LOT 23

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

refrigerator
range
microwave
dishwasher
washer & dryer

Building Details

Year built 2023
Listing Agency: RE/MAX Select Realty · RE/MAX International
Listed By: Lisa Malchow · License #RB16001784
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 24 at 3:06AM
MLS# 844012

Copyright © 2026 Greater Northwest 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 six-unit apartment property comprises three duplex buildings totaling 5,872 square feet on 0.3 acres. Four units are single-story two-bedroom residences, while the remaining duplex includes two-story units with two bedrooms and two bathrooms each. Every residence includes a refrigerator, range, microwave, dishwasher, and washer and dryer, along with open floorplans and ceiling fans.

The property provides two paved parking spaces for each unit, with additional off-street and driveway parking features. Public water and public sewer serve the property, and heating is provided by forced air with natural gas. Its Winamac setting is near a school, the Panhandle Pathway trail, the town park, and downtown.

Key Highlights

  • Six units across three duplex buildings
  • 5,872 square feet on 0.3 acres
  • 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 residential units with in-unit laundry, complete appliance packages, and two paved parking spaces per unit.
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 units across three duplex buildings; 5,872 square feet on 0.3 acres; Built in 2023
More about this property
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