Multifamily

Mentone, IN Multifamily Properties for Sale

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Postal Office Building with Apartments
Updated: Aug 27, 2024
Postal Office Building with Apartments

102 W Main Street, Mentone, IN 46539

$180,000
0.15 AC lot
US Postal Office property with a lease that is easily transferable to a new owner.
New rubber roof installed in 2018.
Includes a leased efficiency apartment and a leased 1‑bedroom apartment.
Over 4,000 SF (+/-) of blank‑canvas second‑level space for additional apartments or commercial use (subject to town/county approval).
Central air cooling.
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Mixed-Use Property with Postal Office
Updated: Jul 5, 2024
Mixed-Use Property with Postal Office

102 W Main Street, Mentone, IN 46539

$180,000
4,000 sqft
Reliable USPS tenant provides stable income with easily transferable lease.
Significant development potential: over 4,000 sq ft of blank canvas on the second level for apartments or commercial spaces (subject to approval).
Existing income from leased efficiency and 1‑bedroom apartments.
New roof installed in 2018.
Property has been occupied by the USPS since the 1960s, demonstrating location stability.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Mentone, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Retail and Apartments Building
Mixed-Use Retail and Apartments Building

114 E Main Street, North Manchester, IN 46962

$174,900
0.08 AC lot

Downtown building features main-level retail with large display windows plus two upper apartments with separate electric meters.

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Historic Mixed-Use Main Street Property
Historic Mixed-Use Main Street Property

127 E Main Street, North Manchester, IN 46962

$185,000
0.11 AC lot

Two buildings on one parcel offer main-level office or retail space plus two upper apartments with river views.

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Restaurant and Duplex in Rochester
Restaurant and Duplex in Rochester

201 E 9th St, Rochester, IN

$945,000
5,162 sqft 1.14 AC lot

Well-maintained restaurant with duplex on 2.25 acres.

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Restaurant and Duplex For Sale
Restaurant and Duplex For Sale

201 E 9th St, Rochester, IN 46975

$945,000
5,162 sqft 2.25 AC lot

Well-maintained restaurant with duplex on 2.25 acres in Rochester.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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Off-Market Properties in Mentone, IN

Consider similar Off-Market properties in Mentone, 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.

401 Morgan St
MOBILE HOME PARK, TRAILER PARK

401 Morgan St, Mentone, IN 46539

Value Estimation by Request
264 sqft 0.77 AC lot
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6663 500th S
MOBILE HOME PARK, TRAILER PARK

6663 500th S, Mentone, IN 46539-9733

Value Estimation by Request
1,152 sqft 4.74 AC lot
View details
110 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

110 Main St, Mentone, IN 46539

Value Estimation by Request
3,879 sqft 0.08 AC lot
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301 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

301 Main St, Mentone, IN 46539

Value Estimation by Request
3,103 sqft 0.03 AC lot
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101 Broadway St
APARTMENT HOUSE (UNDER 5 UNITS)

101 Broadway St, Mentone, IN 46539

$615,000
Estimated value
7,902 sqft 0.15 AC lot
View details

Mentone, IN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Mentone, IN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $180,000.

Sale prices for multifamily properties in Mentone, IN start at $180,000, averaging $180,000, and reaching up to $180,000 — 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 2,570
Population Growth (5Y) +1.2%
Median Household Income $76,750
College Educated 10.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46539 $180K

Taxes & Financing

Tax Rate (average for all types) 1.83%
Property Tax per SF $23.08 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kosciusko County

New Delisted

Total CRE Inventory on Market (SF)

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