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    Nappanee, IN Multifamily Properties for Sale

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    Wakarusa, IN Goshen, IN Bremen, IN
    Nappanee Duplex with Recent Updates
    $175,000
    1,916 SF
    Nappanee Duplex with Recent Updates

    456 E Walnut Street, Nappanee, IN 46550

    Duplex in Wa-Nee School District with new roof.
    • New roof installed in 2024.
    • Duplex: Live in one unit and rent the other for supplemental income, or rent both!
    • Located in the desirable Wa‑Nee School District.
    • Features a basement, great for storage or potential living space.
    • Benefit from the convenience of off street parking.
    Updated: May 11
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    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 1 Active listings in Nappanee, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 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.

    All-Brick Duplex With Two Units
    $269,900
    1,780 SF
    All-Brick Duplex With Two Units

    Well-maintained all-brick duplex with two 2-bedroom, 1-bath units and recent major mechanical updates.

    319 S Park Street, Wakarusa, IN 46573

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    Updated Duplex with In-Unit Laundry
    $149,000
    1,278 SF
    Updated Duplex with In-Unit Laundry

    Two separate units with in-unit laundry, newer HVAC, and updated finishes designed for straightforward residential income use.

    605 N Huntington Street, Syracuse, IN 46567

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    Well-Maintained Triplex in Syracuse, IN
    $325,000
    1,920 SF
    Well-Maintained Triplex in Syracuse, IN

    Fully occupied triplex near downtown Syracuse, offering immediate rental income.

    303 N Harrison Street, Syracuse, IN 46567

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    All-Brick Duplex with Updated Systems
    $269,900
    1,780 SF
    All-Brick Duplex with Updated Systems

    Two fully rented units with functional 2-bedroom layouts and recent roof, furnace, and central air updates.

    319 Park Street, Wakarusa, IN 46573

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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.

    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

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    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

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    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

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    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres
    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877

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    Off-Market Properties in Nappanee, IN

    Consider similar Off-Market properties in Nappanee, 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.

    209 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.19 Acres
    Value Estimation by Request

    209 Stonewall Ct, Nappanee, IN 46550-2745

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    203 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.22 Acres
    Value Estimation by Request

    203 Stonewall Ct, Nappanee, IN 46550-2767

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    451 Market St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,047 SF Lot: 0.11 Acres
    Value Estimation by Request

    451 Market St, Nappanee, IN 46550-1900

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    904 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,120 SF Lot: 0.21 Acres
    Value Estimation by Request

    904 Lincoln St, Nappanee, IN 46550-2152

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    1051 Van Buren St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,030 SF Lot: 3.72 Acres
    Value Estimation by Request

    1051 Van Buren St, Nappanee, IN 46550-1514

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    Cardinal St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 20.28 Acres
    Value Estimation by Request

    Cardinal St, Nappanee, IN 46550

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    205 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.20 Acres
    Value Estimation by Request

    205 Stonewall Ct, Nappanee, IN 46550-2769

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    207 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.19 Acres
    Value Estimation by Request

    207 Stonewall Ct, Nappanee, IN 46550-2771

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    201 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.33 Acres
    Value Estimation by Request

    201 Stonewall Ct, Nappanee, IN 46550-2765

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    208 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.20 Acres
    Value Estimation by Request

    208 Stonewall Ct, Nappanee, IN 46550-2772

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    204 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.16 Acres
    Value Estimation by Request

    204 Stonewall Ct, Nappanee, IN 46550-2768

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    218 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.21 Acres
    Value Estimation by Request

    218 Stonewall Ct, Nappanee, IN 46550-2776

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    212 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.19 Acres
    Value Estimation by Request

    212 Stonewall Ct, Nappanee, IN 46550-2749

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    206 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.20 Acres
    Value Estimation by Request

    206 Stonewall Ct, Nappanee, IN 46550-2770

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    217 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.21 Acres
    Value Estimation by Request

    217 Stonewall Ct, Nappanee, IN 46550-2775

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    202 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.38 Acres
    Value Estimation by Request

    202 Stonewall Ct, Nappanee, IN 46550-2766

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    211 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.19 Acres
    Value Estimation by Request

    211 Stonewall Ct, Nappanee, IN 46550-2748

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    210 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.18 Acres
    Value Estimation by Request

    210 Stonewall Ct, Nappanee, IN 46550-2747

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    216 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.21 Acres
    Value Estimation by Request

    216 Stonewall Ct, Nappanee, IN 46550-2774

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    215 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.21 Acres
    Value Estimation by Request

    215 Stonewall Ct, Nappanee, IN 46550-2773

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    213 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.29 Acres
    Value Estimation by Request

    213 Stonewall Ct, Nappanee, IN 46550-2752

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    214 Stonewall Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.23 Acres
    Value Estimation by Request

    214 Stonewall Ct, Nappanee, IN 46550-2759

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    154 Oakland Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,544 SF Lot: 0.16 Acres
    Value Estimation by Request

    154 Oakland Ave, Nappanee, IN 46550-2334

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    Nappanee, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 25 multifamily properties for sale in Nappanee, IN on our real estate platform. These investment opportunities span a total of 1,916 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for multifamily properties in Nappanee, IN start at $175,000, averaging $175,000, and reaching up to $175,000 — 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 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.7%
    Median Household Income $80,403
    College Educated 11.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46550 $175K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $37.19 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

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