Mishawaka, IN Multifamily Properties for Sale

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Updated: Mar 11

Quadplex For Sale As-Is

550 Lincolnway, Mishawaka, IN 46544

$215,900

3,116 sqft 0.17 AC lot

Built in 1892
7 bedrooms and 4 bathrooms
Basement included
Renovations have been started, but property is being sold as‑is

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Updated: May 27

Residential Triplex with 2-Car Garage

412 East 4th Street, Mishawaka, IN 46544

$249,900

1,534 sqft

Three income‑producing units on one lot, all currently rented
Front home features 2 bedrooms and 2 baths
Rear duplex includes a 1‑bedroom unit and a 2‑bedroom unit
2‑car garage included with the rear duplex layout
Central air and forced‑air heating; full basement

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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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Mishawaka Three-Unit Investment Property

803 North Main Street, Mishawaka, IN 46545

$203,000

2,448 sqft

Three-unit investment property in Mishawaka with detached garage.

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 4 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.

Residential Income Retreat with 3BR/2BA

57507 Red Bud Lane, Elkhart, IN 46517

$535,900

1,054 sqft 8.01 AC lot

Built in 2025 and currently operated as an Airbnb on private acreage near Notre Dame.

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Mixed-Use Property in Miami Village

1518 Miami Street, South Bend, IN 46613

$100,000

651 sqft

Storefront with attached apartment in a growing area.

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66-Unit Student Housing Property

1106 S 20TH ST, South Bend, IN 46615

$9,000,000

58,544 sqft

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

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Twelve-Unit Apartment Building

701 W Beardsley Avenue, Elkhart, IN 46514

$499,000

0.33 AC lot

Twelve-unit multifamily asset with multiple vacancies and recent electrical improvements for future utility separation.

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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

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

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

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

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 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.

APARTMENT HOUSE (UNDER 5 UNITS)

703 12th St, Mishawaka, IN 46544-5457

Value Estimation by Request

2,590 sqft 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

709 12th St, Mishawaka, IN 46544-5458

Value Estimation by Request

2,590 sqft 0.38 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

109 Main St, Mishawaka, IN 46544-2008

Value Estimation by Request

4,752 sqft 0.04 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

821 4th St, Mishawaka, IN 46544-1737

Value Estimation by Request

3,510 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

502 Main St, Mishawaka, IN 46544-2111

Value Estimation by Request

4,368 sqft 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1702 Milburn Blvd, Mishawaka, IN 46544-4632

Value Estimation by Request

2,174 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

331 Smith St, Mishawaka, IN 46544-1777

Value Estimation by Request

3,581 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

618 Main St, Mishawaka, IN 46544-2109

Value Estimation by Request

2,430 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

424 7th St, Mishawaka, IN 46544-5168

Value Estimation by Request

3,045 sqft 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2808 Hickory Rd, Mishawaka, IN 46545-2833

Unit 2810

Value Estimation by Request

2,058 sqft 0.43 AC lot

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MOBILE HOME PARK, TRAILER PARK

Ent To Vlg Grn, Mishawaka, IN 46544

Value Estimation by Request

27.78 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2502 Milburn Blvd, Mishawaka, IN 46544-4308

Value Estimation by Request

2,952 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

426 7th St, Mishawaka, IN 46544-5169

Value Estimation by Request

3,688 sqft 0.05 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

429 8th St, Mishawaka, IN 46544-5130

Value Estimation by Request

3,384 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

720 6th St, Mishawaka, IN 46544-4933

Value Estimation by Request

3,024 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

111 Lincolnway E, Mishawaka, IN 46544-2055

Value Estimation by Request

8,860 sqft 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

722 Spg St, Mishawaka, IN 46544-5162

Value Estimation by Request

3,312 sqft 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

501 Lawrence St, Mishawaka, IN 46545-6838

Value Estimation by Request

2,592 sqft 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

422 7th St, Mishawaka, IN 46544-5142

Value Estimation by Request

3,266 sqft 0.21 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

615 Main St, Mishawaka, IN 46544-2108

Value Estimation by Request

3,424 sqft 0.08 AC lot

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Mishawaka, IN Multifamily Properties Market Trends and Statistics

Explore 34 multifamily properties for sale in Mishawaka, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,098 square feet of properties for sale, with an estimated market value of $668,800.

Sale prices for multifamily properties in Mishawaka, IN start at $203,000, averaging $222,933, and reaching up to $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$232.9K
46545	$780K

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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Mishawaka, IN Multifamily Properties for Sale

550 Lincolnway, Mishawaka, IN 46544

412 East 4th Street, Mishawaka, IN 46544

608 N Main Street, Mishawaka, IN 46545

803 North Main Street, Mishawaka, IN 46545

Opportunities in Nearby Cities

57507 Red Bud Lane, Elkhart, IN 46517

1518 Miami Street, South Bend, IN 46613

1106 S 20TH ST, South Bend, IN 46615

701 W Beardsley Avenue, Elkhart, IN 46514

Potential Development Sites for Consideration

4418 Oakland Court, Wheatfield, IN 46392

976 Mesa Court, University Park, IL 60484

27 Oyster Bay, Lakemoor, IL 60051

VL N Fleming Road, Fowlerville, MI 48836

Off-Market Properties in Mishawaka, IN

703 12th St, Mishawaka, IN 46544-5457

709 12th St, Mishawaka, IN 46544-5458

109 Main St, Mishawaka, IN 46544-2008

821 4th St, Mishawaka, IN 46544-1737

502 Main St, Mishawaka, IN 46544-2111

1702 Milburn Blvd, Mishawaka, IN 46544-4632

331 Smith St, Mishawaka, IN 46544-1777

618 Main St, Mishawaka, IN 46544-2109

424 7th St, Mishawaka, IN 46544-5168

2808 Hickory Rd, Mishawaka, IN 46545-2833

Ent To Vlg Grn, Mishawaka, IN 46544

2502 Milburn Blvd, Mishawaka, IN 46544-4308

426 7th St, Mishawaka, IN 46544-5169

429 8th St, Mishawaka, IN 46544-5130

720 6th St, Mishawaka, IN 46544-4933

111 Lincolnway E, Mishawaka, IN 46544-2055

722 Spg St, Mishawaka, IN 46544-5162

501 Lawrence St, Mishawaka, IN 46545-6838

422 7th St, Mishawaka, IN 46544-5142

615 Main St, Mishawaka, IN 46544-2108

Mishawaka, IN Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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