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    Michigan City, IN
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    Michigan City, IN Multifamily Properties for Sale

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    Trail Creek, IN Beverly Shores, IN La Porte, IN
    7 results
    Michigan City Multifamily Airbnb Property
    $599,900
    0.07 Acres

    Michigan City Multifamily Airbnb Property

    116 Fogarty Street, Michigan City, IN 46360

    Established Airbnb near Lake Michigan and downtown Michigan City.

    • Established and successful Airbnb business opportunity (business info to qualified buyer)
    • Prime location: 3 blocks from Lake Michigan beach and close to Mt Baldy, Lubeznick Center, Blue Chip Casino, downtown Michigan City, and South Shore train
    • Completely rebuilt in 2020 with modern amenities
    • Chef's kitchen with quartz counters, breakfast bar, wine fridge, and stainless steel appliances
    • Multiple dedicated workspaces for remote work or virtual learning
    Updated: Apr 10
    View details
    Mixed-Use Investment Opportunity
    $549,000
    0.06 Acres

    Mixed-Use Investment Opportunity

    1115 Franklin Street, Michigan City, IN 46360

    Fully leased mixed-use property with retail and residential units.

    • Prime downtown Michigan City location, one block from the South Shore train station.
    • Fully leased, mixed‑use property with immediate cash flow and long‑term upside.
    • Street‑level retail space with excellent visibility and steady foot traffic.
    • New roof (2024), furnace, and 200 amp service.
    • One residential apartment completely renovated with modern finishes.
    Updated: Mar 17
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    Michigan City Multi-Family Property
    $149,999
    2,184 SF

    Michigan City Multi-Family Property

    Two-unit property with four bedrooms and three baths.

    115 Greenwood Avenue, Michigan City, IN 46360
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    MULTI_FAMILY - Michigan City, IN
    $549,000
    5,737 SF

    MULTI_FAMILY - Michigan City, IN

    Mixed-use properties · 5,737 SF

    1115 Franklin Street, Michigan City, IN 46360
    View details
    Mixed-Use Investment Property For Sale
    $299,900
    0.12 Acres

    Mixed-Use Investment Property For Sale

    Mixed-use property with apartments and storefront in central location.

    205 E Garfield Street, Michigan City, IN 46360
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    Mixed-Use Property Near Train Station
    $549,000

    Mixed-Use Property Near Train Station

    Fully leased mixed-use property with retail and residential units.

    1115 Franklin Street, Michigan City, IN 46360
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    Michigan City Duplex with Updates
    $149,999
    2,184 SF

    Michigan City Duplex with Updates

    Two-unit property featuring recent updates and a full basement.

    115 Greenwood Avenue, Michigan City, IN 46360
    View details
    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 7 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 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.

    New Buffalo Multi-Unit Investment
    $249,000
    0.23 Acres

    New Buffalo Multi-Unit Investment

    Multi-unit property near downtown New Buffalo's beach and amenities.

    5 N Eagle Street, New Buffalo, MI 49117
    View details
    Historic Mixed-Use Building, Chesterton
    $775,000
    12,812 SF

    Historic Mixed-Use Building, Chesterton

    Prime retail, office, and residential spaces in downtown Chesterton.

    119 Broadway Avenue, Chesterton, IN 46304
    View details
    Chesterton Duplex: Investment Opportunity
    $350,000
    0.20 Acres

    Chesterton Duplex: Investment Opportunity

    Duplex in downtown Chesterton near dining, shopping, and entertainment.

    309-311 W Morgan Avenue, Chesterton, IN 46304
    View details
    Multi-Unit Building Near Beach
    $249,000
    0.23 Acres

    Multi-Unit Building Near Beach

    Three-unit building near beach, shops, and restaurants.

    5 N Eagle St, New Buffalo, MI 49117
    View details

    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
    Contact for pricing
    0.57 Acres

    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres

    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan 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.

    1010 Cedar St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,858 SF Lot: 0.09 Acres
    Value Estimation by Request

    1010 Cedar St, Michigan City, IN 46360-3648

    View details
    110 Cedargate Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,880 SF Lot: 3.78 Acres
    Estimated value
    $3,175,000

    110 Cedargate Ct, Michigan City, IN 46360-5681

    View details
    205 Garfield St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,280 SF Lot: 0.12 Acres

    205 Garfield St, Michigan City, IN 46360-5477

    View details
    2206 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,220 SF Lot: 0.15 Acres
    Value Estimation by Request

    2206 Michigan Blvd, Michigan City, IN 46360-5375

    View details
    913 Wabash St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,841 SF Lot: 0.13 Acres
    Value Estimation by Request

    913 Wabash St, Michigan City, IN 46360-4090

    View details
    170 Indiana Hwy 212
    MOBILE HOME PARK, TRAILER PARK
    Lot: 20.00 Acres
    Value Estimation by Request

    170 Indiana Hwy 212, Michigan City, IN 46360-1956

    View details
    1716 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,534 SF Lot: 0.29 Acres
    Value Estimation by Request

    1716 Michigan Blvd, Michigan City, IN 46360-4933

    View details
    222 Warren St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,900 SF Lot: 0.19 Acres
    Value Estimation by Request

    222 Warren St, Michigan City, IN 46360-4269

    View details
    202 Beachwalk Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,324 SF Lot: 0.12 Acres
    Value Estimation by Request

    202 Beachwalk Ln, Michigan City, IN 46360-1782

    View details
    902 Pne St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,499 SF Lot: 0.14 Acres
    Value Estimation by Request

    902 Pne St, Michigan City, IN 46360-3532

    View details
    4704 1100th W
    MOBILE HOME PARK, TRAILER PARK
    127 SF Lot: 76.77 Acres
    Value Estimation by Request

    4704 1100th W, Michigan City, IN 46360-9438

    View details
    Hwy 20
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.85 Acres
    Value Estimation by Request

    Hwy 20, Michigan City, IN 46360

    View details
    800 Indiana Hwy 212
    MOBILE HOME PARK, TRAILER PARK
    120 SF Lot: 20.00 Acres
    Value Estimation by Request

    800 Indiana Hwy 212, Michigan City, IN 46360-3050

    View details
    800 Indiana Hwy 212
    MOBILE HOME PARK, TRAILER PARK
    Lot: 20.00 Acres
    Value Estimation by Request

    800 Indiana Hwy 212, Michigan City, IN 46360-3050

    View details
    2212 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,166 SF Lot: 0.19 Acres
    Value Estimation by Request

    2212 Michigan Blvd, Michigan City, IN 46360-5373

    View details
    2222 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,672 SF Lot: 0.18 Acres
    Value Estimation by Request

    2222 Michigan Blvd, Michigan City, IN 46360-5393

    View details
    3860 Dunes Hwy
    Multifamily properties
    7,448 SF
    Value Estimation by Request

    3860 Dunes Hwy, Michigan City, IN 46360

    View details

    Michigan City, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 33 multifamily properties for sale in Michigan City, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 7,921 square feet of properties for sale, with an estimated market value of $698,999.

    Sale prices for multifamily properties in Michigan City, IN start at $149,999, averaging $349,499, and reaching up to $549,000 — 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

    Apartment buildings 2
    Duplexes 2
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 44K
    Population Growth (5Y) +0.7%
    Median Household Income $59,641
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46360 $406.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per sq ft
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

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