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    Mishawaka, IN Multifamily Properties for Sale

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    11 properties
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    Mixed-Use Building with Storefront
    Updated: Aug 27
    Mixed-Use Building with Storefront

    402 W Mishawaka Avenue, Mishawaka, IN 46545

    $240,000
    3,252 sqft 0.12 AC lot
    3,252 SF mixed‑use building with three apartments and one storefront
    0.118‑acre parcel at 402 W Mishawaka Avenue in Mishawaka, IN
    Residential mix includes two one‑bedroom apartments and one two‑bedroom apartment
    Vacant one‑bedroom unit includes a new shower base and recently replaced appliances
    Occupied one‑bedroom apartment has a lease through February 2027
    View details
    Two-Story Quadplex with Basement
    Updated: Mar 11
    Two-Story Quadplex with Basement

    550 Lincolnway, Mishawaka, IN 46544

    $215,900
    3,116 sqft 0.17 AC lot
    Quadplex with 3,116 square feet of building area
    Seven bedrooms and four bathrooms
    Two‑story configuration with basement
    Situated on a 0.17‑acre lot
    Renovation work has been started
    View details
    Four-Unit Mixed-Use Property
    Four-Unit Mixed-Use Property

    402 W Mishawaka Ave, Mishawaka, IN 46545

    $240,000
    3,252 sqft

    Three apartments and a storefront provide distinct residential and commercial components in one centrally located building.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Property with Renovation Work
    Multifamily Property with Renovation Work

    550 Lincolnway, Mishawaka, IN 46544

    $215,900
    3,116 sqft

    Built in 1892, the property is offered for sale in Mishawaka, Indiana, in its current condition.

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    Remodeled Triplex with Basements
    Remodeled Triplex with Basements

    815 North Main Street, Mishawaka, IN 46545

    $329,900
    3,650 sqft

    Three-unit property with central air, updated interiors, and separate storage areas.

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    Duplex with Full Basement
    Duplex with Full Basement

    810 East 3rd Street, Mishawaka, IN 46544

    $220,000
    2,178 sqft

    Two residential units offer practical layouts for rental income or owner occupancy in Mishawaka.

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    Mixed-Use Property in Downtown Mishawaka
    Mixed-Use Property in Downtown Mishawaka

    608 N Main Street, Mishawaka, IN 46545

    $1,350,000

    Investment opportunity near Mishawaka Riverwalk with retail and apartments.

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    Buildable Lot with Duplex Rental
    Buildable Lot with Duplex Rental

    16963 Douglas, Mishawaka, IN 46545

    Contact for pricing
    1.48 AC lot

    Buildable commercial lot with Douglas Rd frontage plus a two-unit duplex and attached five-stall garage.

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    Mixed-Use Retail and Residential Property
    Mixed-Use Retail and Residential Property

    1018-1022 W Jefferson Boulevard, Mishawaka, IN 46545

    Contact for pricing

    Fully leased commercial property combines five retail tenants with four one-bedroom apartments and an additional office-converted house.

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    Duplex with Detached 2-Car Garage
    Duplex with Detached 2-Car Garage

    611 Liberty Dr, Mishawaka, IN 46545

    Contact for pricing

    Two-unit property with separate electrical service, updated roofing, and distinct living spaces across the main and upper levels.

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    Renovated Triplex Investment Property
    Renovated Triplex Investment Property

    312 Harrison St, Mishawaka, IN 46544

    Contact for pricing

    Triplex with recently renovated units, basement laundry access, and back-of-property parking.

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    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 11 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

    Opportunities in Nearby Cities

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

    Three-Unit Triplex with Available Unit
    Three-Unit Triplex with Available Unit

    502 N Arthur St, South Bend, IN 46617

    $365,000
    2,209 sqft

    Tenants pay their own electric, supporting a straightforward utility arrangement across the property.

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    Triplex with Rear Storage Garage
    Triplex with Rear Storage Garage

    3306 3308 Mishawaka Ave, South Bend, IN 46615

    $249,900
    2,064 sqft

    All three units are leased, with a two-bedroom layout alongside two one-bedroom residences.

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    66-Unit Student Housing Property
    66-Unit Student Housing Property

    1106 S 20TH ST, South Bend, IN 46615

    Contact for pricing
    58,544 sqft

    Multifamily student housing with 66 units and 133 beds, supported by extensive recent capital improvements and upgrades.

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    Triplex with Three Two-Bedroom Units
    Triplex with Three Two-Bedroom Units

    330 N Sunnyside Street, South Bend, IN 46617

    $695,000
    0.08 AC lot

    Triplex built in 2008 featuring three two-bedroom units and off-street parking.

    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)

    703 12th St, Mishawaka, IN 46544-5457

    $185,000
    Estimated value
    2,590 sqft 0.20 AC lot
    View details
    709 12th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    709 12th St, Mishawaka, IN 46544-5458

    $200,000
    Estimated value
    2,590 sqft 0.38 AC lot
    View details
    109 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    109 Main St, Mishawaka, IN 46544-2008

    $225,000
    Estimated value
    4,752 sqft 0.04 AC lot
    View details
    821 4th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    821 4th St, Mishawaka, IN 46544-1737

    $250,000
    Estimated value
    3,510 sqft 0.10 AC lot
    View details
    502 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    502 Main St, Mishawaka, IN 46544-2111

    $255,000
    Estimated value
    4,368 sqft 0.17 AC lot
    View details
    1702 Milburn Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1702 Milburn Blvd, Mishawaka, IN 46544-4632

    $240,000
    Estimated value
    2,174 sqft 0.11 AC lot
    View details
    331 Smith St
    APARTMENT HOUSE (UNDER 5 UNITS)

    331 Smith St, Mishawaka, IN 46544-1777

    $250,000
    Estimated value
    3,581 sqft 0.15 AC lot
    View details
    618 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    618 Main St, Mishawaka, IN 46544-2109

    $235,000
    Estimated value
    2,430 sqft 0.11 AC lot
    View details
    424 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    424 7th St, Mishawaka, IN 46544-5168

    $85,000
    Estimated value
    3,045 sqft 0.06 AC lot
    View details
    2808 Hickory Rd, Unit 2810
    APARTMENT HOUSE (UNDER 5 UNITS)

    2808 Hickory Rd, Mishawaka, IN 46545-2833

    Unit 2810
    $260,000
    Estimated value
    2,058 sqft 0.43 AC lot
    View details
    Ent To Vlg Grn
    MOBILE HOME PARK, TRAILER PARK

    Ent To Vlg Grn, Mishawaka, IN 46544

    $300,000
    Estimated value
    27.78 AC lot
    View details
    2502 Milburn Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2502 Milburn Blvd, Mishawaka, IN 46544-4308

    $245,000
    Estimated value
    2,952 sqft 0.10 AC lot
    View details
    426 7th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    426 7th St, Mishawaka, IN 46544-5169

    $240,000
    Estimated value
    3,688 sqft 0.05 AC lot
    View details

    Mishawaka, IN Multifamily Properties Market Trends and Statistics

    Explore 41 multifamily properties for sale in Mishawaka, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 18,564 square feet of properties for sale, with an estimated market value of $2,811,700.

    Sale prices for multifamily properties in Mishawaka, IN start at $215,900, averaging $401,671, and reaching up to $1,350,000 — 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

    Duplexes 3
    Triplexes 3
    Apartment buildings 1
    Quadplexes 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    46544 $220.4K
    46545 $540K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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