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Gas City, IN Multifamily Properties for Sale

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Historic Mixed-Use Building
Updated: Jul 21
Historic Mixed-Use Building

234-244 E Main St, Gas City, IN 46933

$995,000
19,000 sqft
19,000‑square‑foot brick mixed‑use building constructed in 1906
Six leased storefronts occupied by offices, a beauty salon, and a sports academy
Second floor offers 12 possible apartments; 8 renovated units are occupied and 4 remain unfinished
Residential spaces feature 14‑foot ceilings, exposed brick, and hardwood floors
Reinforced foundation, separately metered storefronts, and updated commercial doors and windows
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Updated Duplex with Two Unit Mix
Updated: Aug 5
Updated Duplex with Two Unit Mix

909 E North F St, Gas City, IN 46933

$185,000
1,860 sqft
1,860‑square‑foot duplex with two separate residential units
Unit mix includes a 3‑bedroom, 1‑bath unit and a 2‑bedroom, 1‑bath unit
Recent updates include a new roof
Rear shed is divided into separate storage areas for each unit
Large backyard with space for a garage or pole barn
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Gas City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Duplex Near Campus
Two-Story Duplex Near Campus

3713 S Race Street, Marion, IN 46953

$117,000
1,644 sqft 0.22 AC lot

Both apartments are currently rented and the property includes central air, mixed flooring, a basement, and a fireplace.

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Two-Story Duplex Near IWU
Two-Story Duplex Near IWU

3812 S Washington Street, Marion, IN 46953

$117,000
1,644 sqft 0.18 AC lot

Upstairs and downstairs units share a rear deck, yard, and parking area.

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Campus-Adjacent Duplex
Campus-Adjacent Duplex

3713 S Race St, Marion, IN 46953

$117,000
1,644 sqft

Both apartments are currently rented in this two-unit residential property.

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40-Unit Apartment Community
40-Unit Apartment Community

3722 S Granton Pl Dr, Marion, IN 46953

Contact for pricing

Granton Place offers 40 apartment units with washer/dryer hookups and patios or balconies.

View details

Off-Market Properties in Gas City, IN

Consider similar Off-Market properties in Gas City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

508 Es D St
APARTMENT HOUSE (UNDER 5 UNITS)

508 Es D St, Gas City, IN 46933-1946

$250,000
Estimated value
3,200 sqft 0.93 AC lot
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233 Ws J St
APARTMENT HOUSE (UNDER 5 UNITS)

233 Ws J St, Gas City, IN 46933-2205

$280,000
Estimated value
1,824 sqft 0.60 AC lot
View details
104 1st St
APARTMENT HOUSE (UNDER 5 UNITS)

104 1st St, Gas City, IN 46933

$245,000
Estimated value
2,475 sqft 0.33 AC lot
View details
204 Es B St
APARTMENT HOUSE (UNDER 5 UNITS)

204 Es B St, Gas City, IN 46933-1768

$260,000
Estimated value
7,448 sqft 0.20 AC lot
View details
212 Wn E St
APARTMENT HOUSE (UNDER 5 UNITS)

212 Wn E St, Gas City, IN 46933-1020

$255,000
Estimated value
3,472 sqft 0.41 AC lot
View details
704 En D St
APARTMENT HOUSE (UNDER 5 UNITS)

704 En D St, Gas City, IN 46933-1254

$250,000
Estimated value
2,688 sqft 0.40 AC lot
View details
706 En D St
APARTMENT HOUSE (UNDER 5 UNITS)

706 En D St, Gas City, IN 46933-1255

$250,000
Estimated value
2,816 sqft 0.20 AC lot
View details
400 10th St
APARTMENT HOUSE (UNDER 5 UNITS)

400 10th St, Gas City, IN 46933-1629

$335,000
Estimated value
2,928 sqft 3.00 AC lot
View details
155 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

155 Main St, Gas City, IN 46933

$230,000
Estimated value
1,536 sqft 0.31 AC lot
View details

Gas City, IN Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Gas City, IN on our real estate platform. These investment opportunities span a total of 20,860 square feet of properties for sale, with an estimated market value of $1,180,000.

Sale prices for multifamily properties in Gas City, IN start at $185,000, averaging $590,000, and reaching up to $995,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Duplexes 1

Demographics Overview

Population 6,469
Population Growth (5Y) +5.0%
Median Household Income $59,398
College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Gas City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46933 $590K

Taxes & Financing

Tax Rate (average for all types) 2.58%
Property Tax per SF $53.65 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grant County

New Delisted

Total CRE Inventory on Market (SF)

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