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Renovated 18-Unit Apartment Building
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900 North Street, Logansport, IN 46947

Fully renovated multifamily property with updated kitchens, baths, appliances, and building systems.

Property Size14,328 SF
Price / SF$90.38
Days on Market71

Property Features for 900 North Street

General Information

Standard status Active
Size 14,328 SF
Class B
Property subtype Multifamily
Zoning D-8
Occupancy 100%
Investment Type Stabilized
Net Operating Income $97,187

Building Details

Year Built 1913
Year Renovated 2024
Buildings 1
Stories 2
Units 18
Tenancy Multi
Listing Agency: Ellsbury Group
Listed By: Justin Lowe · License #RB19001645
Source: Crexi
Added: Aug 10 Changed: Oct 11 Last Checked: Oct 16 at 6:59AM

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 Ellsbury Group

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Investment Insights

Based on property information with market context.

This 14,328-square-foot apartment building contains 18 units, including 10 studios and 8 one-bedroom apartments. Originally constructed in 1913, the property retains a neoclassical facade while incorporating new roofing, HVAC, plumbing, electrical systems, interiors, appliances, kitchens, and bathrooms through a studs-up renovation completed from 2024-2026. Unit finishes include solid-surface counters and luxury vinyl plank flooring.

The property is located at 900 North Street in Logansport, Indiana, within Cass County. The building is zoned D-8, and residents are responsible for electric, gas, water, and sewer expenses. Tyson Foods’ Logansport plant, with approximately 2,000 employees, provides an identified employment anchor in the surrounding market. The asset currently reflects a 7.5% cap rate, with an 8.1% pro forma cap rate shown in the property information.

Key Highlights

  • 18‑unit apartment building with 10 studios and 8 one‑bedroom units
  • 14,328 SF property at 900 North Street, Logansport, IN 46947
  • Studs‑up renovation completed from 2024‑2026

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby

Demographics for 46947, IN

28,295
Population
12,113
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
84%
High-School Grad
190.3 sq mi
ZIP Area
149
Density / Sq Mi
$55,088
Median Household Income
$35,848
Median Earnings
$791
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated multifamily property with updated kitchens, baths, appliances, and building systems.
Where is this apartment building located?
The property is located at 900 North Street Logansport, IN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 18‑unit apartment building with 10 studios and 8 one‑bedroom units; 14,328 SF property at 900 North Street, Logansport, IN 46947; Studs‑up renovation completed from 2024‑2026
(765) 401-1122 Call to check price and availability
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