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    Mishawaka, IN
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    Mishawaka, IN Multifamily Properties for Sale

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    Osceola, IN South Bend, IN Granger, IN
    Mishawaka Fourplex - Investor Special
    $215,900
    3,116 SF

    Mishawaka Fourplex - Investor Special

    550 Lincolnway, Mishawaka, IN 46544

    Fourplex in Mishawaka, Indiana, renovations started, selling as-is.

    • Basement provides extra storage or living space
    • Investment/renovation opportunity to customize to your taste
    • Baseboard heating throughout the property
    • Multiple bathrooms (Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4) offer convenience
    • Five bedrooms (Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5)
    Updated: Mar 11
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    Mixed-Use Property in Downtown Mishawaka
    $1,350,000

    Mixed-Use Property in Downtown Mishawaka

    608 N Main Street, Mishawaka, IN 46545

    Investment opportunity near Mishawaka Riverwalk with retail and apartments.

    • High Net Operating Income: $135,988.26 annually.
    • Prime location in Mishawaka's fast‑growing downtown, near major intersection and Riverwalk.
    • Fully rented building with Hometown Pharmacy (new 3‑year lease) and 5 apartments.
    • Recent capital improvements: New roof with 20‑year warranty and new metal siding.
    • Includes adjacent parking lot with alley access.
    Updated: Sep 10, 2025
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    Mishawaka Three-Unit Investment Property
    $210,000
    2,448 SF

    Mishawaka Three-Unit Investment Property

    Three-unit investment property in Mishawaka with detached garage.

    803 North Main Street, Mishawaka, IN 46545
    View details
    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 Active listings in Mishawaka, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 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.

    Elkhart Multifamily Investment Opportunity
    $499,000
    0.33 Acres

    Elkhart Multifamily Investment Opportunity

    12-unit property with income and value-add potential in Elkhart.

    701 W Beardsley Avenue, Elkhart, IN 46514
    View details
    Income-Producing Retreat on 8 Acres
    $545,900
    1,054 SF

    Income-Producing Retreat on 8 Acres

    Income-producing 3-bedroom retreat on 8 acres near Notre Dame.

    57507 Red Bud Lane, Elkhart, IN 46517
    View details
    Triplex Near Notre Dame
    $750,000
    0.08 Acres

    Triplex Near Notre Dame

    Residential investment opportunity near Notre Dame with student rental history.

    330 N Sunnyside Street, South Bend, IN 46617
    View details
    Mixed-Use Property in Miami Village
    $110,000
    651 SF

    Mixed-Use Property in Miami Village

    Storefront with attached apartment in a growing area.

    1518 Miami Street, South Bend, IN 46613
    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 Mishawaka, IN

    Consider similar Off-Market properties in Mishawaka, 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.

    703 12th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,590 SF Lot: 0.20 Acres
    Value Estimation by Request

    703 12th St, Mishawaka, IN 46544-5457

    View details
    709 12th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,590 SF Lot: 0.38 Acres
    Value Estimation by Request

    709 12th St, Mishawaka, IN 46544-5458

    View details
    109 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,752 SF Lot: 0.04 Acres
    Value Estimation by Request

    109 Main St, Mishawaka, IN 46544-2008

    View details
    821 4th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,510 SF Lot: 0.10 Acres
    Value Estimation by Request

    821 4th St, Mishawaka, IN 46544-1737

    View details
    502 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,368 SF Lot: 0.17 Acres
    Value Estimation by Request

    502 Main St, Mishawaka, IN 46544-2111

    View details
    1702 Milburn Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,174 SF Lot: 0.11 Acres
    Value Estimation by Request

    1702 Milburn Blvd, Mishawaka, IN 46544-4632

    View details
    331 Smith St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,581 SF Lot: 0.15 Acres
    Value Estimation by Request

    331 Smith St, Mishawaka, IN 46544-1777

    View details
    618 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,430 SF Lot: 0.11 Acres
    Value Estimation by Request

    618 Main St, Mishawaka, IN 46544-2109

    View details
    424 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,045 SF Lot: 0.06 Acres
    Value Estimation by Request

    424 7th St, Mishawaka, IN 46544-5168

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    2808 Hickory Rd, Unit 2810
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,058 SF Lot: 0.43 Acres
    Value Estimation by Request
    Unit 2810

    2808 Hickory Rd, Mishawaka, IN 46545-2833

    View details
    Ent To Vlg Grn
    MOBILE HOME PARK, TRAILER PARK
    Lot: 27.78 Acres
    Value Estimation by Request

    Ent To Vlg Grn, Mishawaka, IN 46544

    View details
    2502 Milburn Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,952 SF Lot: 0.10 Acres
    Value Estimation by Request

    2502 Milburn Blvd, Mishawaka, IN 46544-4308

    View details
    426 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,688 SF Lot: 0.05 Acres
    Value Estimation by Request

    426 7th St, Mishawaka, IN 46544-5169

    View details
    429 8th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,384 SF Lot: 0.11 Acres
    Value Estimation by Request

    429 8th St, Mishawaka, IN 46544-5130

    View details
    720 6th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,024 SF Lot: 0.08 Acres
    Value Estimation by Request

    720 6th St, Mishawaka, IN 46544-4933

    View details
    111 Lincolnway E
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,860 SF Lot: 0.06 Acres

    111 Lincolnway E, Mishawaka, IN 46544-2055

    View details
    722 Spg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,312 SF Lot: 0.13 Acres
    Value Estimation by Request

    722 Spg St, Mishawaka, IN 46544-5162

    View details
    501 Lawrence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,592 SF Lot: 0.20 Acres
    Value Estimation by Request

    501 Lawrence St, Mishawaka, IN 46545-6838

    View details
    422 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,266 SF Lot: 0.21 Acres
    Value Estimation by Request

    422 7th St, Mishawaka, IN 46544-5142

    View details
    615 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,424 SF Lot: 0.08 Acres
    Value Estimation by Request

    615 Main St, Mishawaka, IN 46544-2108

    View details
    423 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,400 SF Lot: 0.06 Acres
    Value Estimation by Request

    423 7th St, Mishawaka, IN 46544-5136

    View details

    Mishawaka, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 33 multifamily properties for sale in Mishawaka, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,564 square feet of properties for sale, with an estimated market value of $425,900.

    Sale prices for multifamily properties in Mishawaka, IN start at $210,000, averaging $212,950, and reaching up to $215,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Mishawaka fall within the 100,000+ square foot range.

    Demographics Overview

    Population 58K
    Population Growth (5Y) +3.1%
    Median Household Income $56,959
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46544 $215.9K
    46545 $780K

    Taxes & Financing

    Tax Rate (average for all types) 2.61%
    Property Tax per SF $45.22 per sq ft
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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