Multifamily

Rensselaer, IN Multifamily Properties for Sale

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Furnished Duplex with Private Patios
Updated: Aug 20
Furnished Duplex with Private Patios

701-703 N College Avenue, Rensselaer, IN 47978

$369,900
0.18 AC lot
Two‑unit duplex built in 2012
0.184‑acre corner lot in Rensselaer
Each unit includes 2 bedrooms and a 1‑car attached garage
Furnished residences with individual patio areas
Tiled bathrooms feature heated floors
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Furnished Duplex with Attached Garages
Updated: Aug 21
Furnished Duplex with Attached Garages

701-703 N College Avenue, Rensselaer, IN 47978

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Two‑unit duplex constructed in 2012
Both residences are furnished and generate established rental income
Each unit has 2 bedrooms and a 1 car att. garage
Individual private patio areas serve both units
Tiled bathrooms feature heated floors
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 Active listings in Rensselaer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 1 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.

Quadplex Property with Pool Suites
Quadplex Property with Pool Suites

2549 E 1100 N, Demotte, IN 46310

$899,900
5.01 AC lot

Owner’s residence accompanies three separate suites with private pools, a jacuzzi, saunas, fireplaces, and supporting infrastructure.

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Duplex with ADA-Accessible 3/4 Bath
Duplex with ADA-Accessible 3/4 Bath

206 S 3rd Street, Kentland, IN 47951

$95,000
0.10 AC lot

Two-story Kentland duplex with an ADA-accessible 3/4 bath and wheelchair-ramp access, plus a second kitchen upstairs.

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674-Site RV Resort
674-Site RV Resort

11780 W State Rd 10, Demotte, IN 46310

Contact for pricing
75.00 AC lot

Gated Northwest Indiana campground and RV property with cabins, water recreation, sports facilities, and event space.

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Duplex with Single-Family Flexibility
Duplex with Single-Family Flexibility

206 S 3rd Street, Kentland, IN 47951

Contact for pricing

Two-story duplex layout with ADA-accessible bath, adaptable units, and the option to convert to a single-family home.

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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
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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Off-Market Properties in Rensselaer, IN

Consider similar Off-Market properties in Rensselaer, 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.

215 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

215 Washington St, Rensselaer, IN 47978-2821

Estimated value:
$245,000
4,179 sqft 0.05 AC lot
View details
536 Walnut St
APARTMENT HOUSE (UNDER 5 UNITS)

536 Walnut St, Rensselaer, IN 47978-2366

Estimated value:
$235,000
2,560 sqft 0.15 AC lot
View details
201 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

201 Washington St, Rensselaer, IN 47978-2821

Estimated value:
$265,000
5,060 sqft 0.07 AC lot
View details
129 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

129 Park Ave, Rensselaer, IN 47978-5115

Estimated value:
$150,000
3,247 sqft 0.30 AC lot
View details
100 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

100 Washington St, Rensselaer, IN 47978-2820

Estimated value:
$275,000
6,247 sqft 0.10 AC lot
View details
420 Milroy Ave
APARTMENT HOUSE (UNDER 5 UNITS)

420 Milroy Ave, Rensselaer, IN 47978-2660

Estimated value:
$250,000
3,200 sqft 0.29 AC lot
View details
430 Milroy Ave
APARTMENT HOUSE (UNDER 5 UNITS)

430 Milroy Ave, Rensselaer, IN 47978-2661

Estimated value:
$255,000
2,808 sqft 0.22 AC lot
View details
219 Maple St
APARTMENT HOUSE (UNDER 5 UNITS)

219 Maple St, Rensselaer, IN 47978-2071

Estimated value:
$220,000
3,978 sqft 0.26 AC lot
View details
1501 Grace St, Unit 1-6
APARTMENT HOUSE (UNDER 5 UNITS)

1501 Grace St, Rensselaer, IN 47978-3230

Unit 1-6
Estimated value:
$315,000
3,240 sqft 2.73 AC lot
View details
117 Frnt St
APARTMENT HOUSE (UNDER 5 UNITS)

117 Frnt St, Rensselaer, IN 47978-2841

Estimated value:
$205,000
2,132 sqft 0.11 AC lot
View details

Rensselaer, IN Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Rensselaer, IN on our real estate platform.

Sale prices for multifamily properties in Rensselaer, IN average $369,900 — 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

Duplexes 2

Demographics Overview

Population 10K
Population Growth (5Y) -10.8%
Median Household Income $71,359
College Educated 25.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47978 $369.9K

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $17.93 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jasper County

New Delisted

Total CRE Inventory on Market (SF)

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