Indiana Multifamily Properties for Sale

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Updated: Apr 26

Four-Unit Residential Income Property

1024 N Country Club Drive, Bloomington, IN 47403

$550,000

4,750 sqft 1.69 AC lot

1.69‑acre property with 4 rental units and 4 separate deeds
1016 Country Club: 1 bed/1 bath leased for $895/month until July 22, 2027; unfinished basement; on 0.42 acres
1022A Country Club: 2 bed/1 bath with carport leased for $950/month until July 22, 2027
1022A upstairs apartment: 2 bed/1 bath leased for $1,250/month until July 24, 2027; recently remodeled with new paint, flooring, and updated dishwasher
2 vacant lots included: 0.50 acre and 0.33 acre, both zoned R2

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This listing looks promising.

Here's a quick look at some key insights for

1024 N Country Club Drive, Bloomington, IN 47403

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$43K
Annual
Price @ 7% Cap

$610K
Above asking
Property Type

Single Family Residence
Built 1929

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Updated: Jul 9

Two-Building Apartment Community

210/218 S Silverwood Lane, Goshen, IN 46526

$795,000

6,608 sqft 0.71 AC lot

Two‑building apartment community with four main‑level apartments per building (8 units total)
Year built 1993 with finished flooring throughout
Central air cooling
Metal roof installed approximately 7 years ago
HVAC systems updated approximately 4 years ago

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19-Unit Brick Apartment Complex

101 W Main Street, Winamac, IN 46996

$1,250,000

14,845 sqft 0.40 AC lot

Multi-unit brick apartment complex with shared laundry, courtyard, and resident parking; all units currently occupied.

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Duplex Investment Property with 3-Acre Lot

920 N Madison Street, Bloomington, IN 47404

$500,000

2,145 sqft 0.20 AC lot

Duplex with on-site parking and storage shed on a double lot, offered as part of a two-property sale near downtown Bloomington.

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Pre-War Brick Multifamily Building

5819 E Washington St, Indianapolis, IN 46219

$950,000

10,000 sqft 0.25 AC lot

Fourteen-unit pre-war property with 13 studios and one one-bedroom unit on a small, well-maintained site.

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Residential Income Duplex with Loft

317 W 14th Street, Bloomington, IN 47404

$500,000

2,760 sqft 0.12 AC lot

Zoned R4 duplex with on-site parking and storage, sold together with a second Madison-area property.

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Brand-New Duplex with Covered Porch

717 S Henderson Street, Bloomington, IN 47401

$779,000

3,114 sqft 0.32 AC lot

Two fully equipped 3-bedroom units with private rear parking, leased through July 31, 2027.

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Historic Apartment Building with Office

215 E 3Rd Street, Marion, IN 46952

$2,500,000

7,053 sqft 0.40 AC lot

Apartment building offers a mix of 1-, 2-, and studio units plus an office space for flexible resident or extended-stay use.

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22-Unit Multifamily Building

321 Hoffman Court, Crown Point, IN 46307

$2,650,000

11,868 sqft 1.00 AC lot

Small multifamily asset with 22 units on approximately one acre in Crown Point, Indiana.

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Multi-Family Apartment Building

321 Hoffman Court, Crown Point, IN 46307

$2,650,000

11,868 sqft 1.33 AC lot

22-unit multifamily asset near Bulldog Park, offering a compact layout with strong walkability to local amenities.

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Fully Leased 10-Unit Apartment Building

Scottsburg, IN 47170

$795,000

4,531 sqft 0.35 AC lot

Turnkey multifamily property with renovated units and ample parking on a corner lot in Vienna.

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14-Unit Apartment Complex

408 N Jefferson Street, Converse, IN 46919

$715,000

7,880 sqft

Three-building 14-unit complex with ground-level entries and on-site commercial laundry in Converse.

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Six-Unit Multifamily Building

314 N Washington Street, Bloomington, IN 47404

$4,000,000

10,560 sqft 0.20 AC lot

Six-unit building currently rented for the 26–27 school year, offering townhouse-style layouts in Bloomington.

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Multifamily Apartment Building

703 N Walnut Street, Bloomington, IN 47404

$2,250,000

10,344 sqft 0.18 AC lot

Well-kept 11-unit complex built in 2013 with in-unit appliances and shared back-of-building parking.

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LaPorte Townhome Multifamily Investment Property

5056 N Pawnee Trail, La Porte, IN 46350

$3,000,000

42,000 sqft 10.00 AC lot

30-unit multifamily property in LaPorte, Indiana, with convenient access.

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New Construction Duplex for Sale

1118 & 1120 N Woodburn Avenue, Bloomington, IN 47404

$679,000

2,398 sqft 0.11 AC lot

Newly completed two-unit duplex built for student-year leasing with ample on-site parking.

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New Student Housing Duplex

326-328 N Jefferson Street, Bloomington, IN 47408

$1,485,000

4,280 sqft 0.18 AC lot

Brand-new 10-bed duplex pre-leased for the upcoming school year with en-suite bedrooms and in-unit laundry.

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Historic Building with Commercial Space

402 S Washington St, Marion, IN 46953

$8,000,000

15,000 sqft

Renovated historic building featuring commercial space and market-rate apartments.

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Five-Unit Apartment Building

1011 Vincennes Street, New Albany, IN 47150

$575,000

5,356 sqft 0.22 AC lot

Five individually climate-controlled units with varied floor plans make this property suitable for residential rental operations.

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Woodruff Place Multifamily Investment Opportunity

625 Woodruff Place Middle Dr, Indianapolis, IN 46201

$520,000

5,380 sqft

Four-unit multifamily property in historic Woodruff Place, Indianapolis.

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Brand-New Duplex with Private Parking

302 N Jefferson Street, Bloomington, IN 47408

$1,485,000

4,358 sqft 0.14 AC lot

Newly built duplex in Bloomington with two 5-bedroom, 5-bath units and private rear parking for each unit.

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Historic Woodruff Place Multifamily Investment

609 Woodruff Place Middle Dr, Indianapolis, IN 46201

$775,000

5,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Mixed-Use Car Wash and Storage

417 Hackberry Street, Paoli, IN 47454

$650,000

5,293 sqft 0.45 AC lot

Mixed-use property includes a four-bay car wash, multiple storage buildings, and retail space plus a fourplex.

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Historic Woodruff Place Multifamily Investment

624 Woodruff Place Middle Dr, Indianapolis, IN 46201

$1,000,000

7,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Indiana Multifamily Properties Market Trends and Statistics

Explore 673 multifamily properties for sale in Indiana, showcased through 673 active listings on our real estate platform. These investment opportunities span a total of 1,495,047 square feet of properties for sale, with an estimated market value of $214,844,892.

Sale prices for multifamily properties in Indiana start at $35,000, averaging $761,861, and reaching up to $19,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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