Multifamily

Ridgeville, IN Multifamily Properties for Sale

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Renovated Apartment Building
Updated: Sep 1
Renovated Apartment Building

118 S Walnut Street, Ridgeville, IN 47380

$110,000
6,142 sqft 0.13 AC lot
6,142‑square‑foot apartment building on a 0.13‑acre parcel
Two renovated 2BR/1BA apartments with laundry hookups and new electric furnaces
Additional 3BR/1.5BA apartment on the main level needs renovation
More than 2,000 square feet of upper‑level storage
Former retail area with a working restroom
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Renovated Triplex with Storage
Updated: Sep 1
Renovated Triplex with Storage

118 S Walnut Street, Ridgeville, IN 47380

$110,000
0.13 AC lot
Two renovated 2BR/1BA apartments are currently rented, with leases available
New electric furnaces and laundry hookups in both updated apartments
Main‑level 3BR/1.5BA apartment requires renovation
Former retail space includes a working restroom
More than 2,000 SF of upstairs storage
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Renovated Triplex with Storage
Renovated Triplex with Storage

118 S Walnut St, Ridgeville, IN 47380

$110,000
6,142 sqft

Three-unit property with renovated apartments, a former retail area, and extensive upper-level storage.

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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 8 Potential Opportunities for your consideration. Besides 3 Active listings in Ridgeville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Two-Story Triplex
Two-Story Triplex

1112-1114 N Elm Street, Muncie, IN 47303

$125,000
1,868 sqft 0.18 AC lot

Three independent residences include private kitchens and bathrooms, with updated finishes in portions of the building.

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Bar and Grill with Apartments
Bar and Grill with Apartments

1 S Meridian St, Redkey, IN 47373

$199,000
14,010 sqft

Fully operational bar and grill with food and drink service plus studio, one-bedroom apartments and a rented storage garage.

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Three-Unit Triplex with Covered Porch
Three-Unit Triplex with Covered Porch

1112-1114 N Elm St, Muncie, IN 47303

$125,000
1,868 sqft

Three rental units combine separate kitchens and baths with varied interior updates.

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Five-Unit Multifamily Property
Five-Unit Multifamily Property

219 N East Street, Winchester, IN 47394

$194,900
4,718 sqft 0.23 AC lot

Triplex and duplex on one parcel with tenants occupying one-year leases.

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Off-Market Properties in Ridgeville, IN

Consider similar Off-Market properties in Ridgeville, 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.

2361 850th N
MOBILE HOME PARK, TRAILER PARK

2361 850th N, Ridgeville, IN 47380-6601

Estimated value:
$265,000
2.48 AC lot
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Ridgeville, IN Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Ridgeville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,284 square feet of properties for sale, with an estimated market value of $330,000.

Sale prices for multifamily properties in Ridgeville, IN average $110,000 — 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

Triplexes 2
Apartment buildings 1

Demographics Overview

Population 1,537
Population Growth (5Y) -4.7%
Median Household Income $55,278
College Educated 9.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47380 $110K

Taxes & Financing

Tax Rate (average for all types) 2.13%
Property Tax per SF $30.21 per SF
Tax Rate vs County Average 0.33 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Randolph County

New Delisted

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