Advertise
    Wakarusa, IN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Wakarusa, IN Multifamily Properties for Sale

    Notify Me
    List
    Map
    Goshen, IN Nappanee, IN Elkhart, IN
    All-Brick Duplex With Two Units
    $269,900
    1,780 SF
    All-Brick Duplex With Two Units

    319 S Park Street, Wakarusa, IN 46573

    Well-maintained all-brick duplex with two 2-bedroom, 1-bath units and recent major mechanical updates.
    • Well‑maintained all‑brick duplex with both units fully rented and currently under lease
    • Each unit offers 2 bedrooms and 1 full bath with functional layouts
    • Major updates include a newer roof, furnaces replaced in 2016, and central air units updated in 2022 and 2024
    • Central air, forced‑air heat with natural gas, and electric water heater
    • Appliances included: dishwasher, range, garbage disposer, washer, and dryer
    Updated: May 27
    View details
    All-Brick Duplex with Updated Systems
    $269,900
    1,780 SF
    All-Brick Duplex with Updated Systems

    319 Park Street, Wakarusa, IN 46573

    Two fully rented units with functional 2-bedroom layouts and recent roof, furnace, and central air updates.
    • All‑brick duplex built in 1965 with 2 fully rented units, each offering 2 bedrooms and 1 full bath.
    • Recent major updates include a newer roof, furnaces replaced in 2016, and central air units updated in 2022 and 2024.
    • Each unit is supported by two dishwashers, two ranges/ovens, two refrigerators, and has washer/dryer hookups (2 W/D hook‑ups listed total).
    • Slab foundation duplex with central air, gas forced‑air heating, and carpet and vinyl flooring.
    • Concrete and gravel driveway with off‑street parking and an on‑site shed.
    Updated: Jun 2
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Wakarusa, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Updated Duplex with New Roof
    $324,900
    1,311 SF
    Updated Duplex with New Roof

    Well maintained duplex with updates including a new roof, suited for buyers seeking income-residential ownership.

    23724/23726 Springriver Drive, Elkhart, IN 46516

    View details
    Updated Duplex in Concord Schools
    $324,900
    1,435 SF
    Updated Duplex in Concord Schools

    Updated duplex with a new roof and updated water heaters in Concord Schools attendance area.

    23692/23694 Springriver Drive, Elkhart, IN 46516

    View details
    Residential Triplex with 2-Car Garage
    $249,900
    1,534 SF
    Residential Triplex with 2-Car Garage

    Three currently rented units on one lot, including a 2-car garage with the rear duplex layout.

    412 East 4th Street, Mishawaka, IN 46544

    View details
    Mishawaka Three-Unit Investment Property
    $210,000
    2,448 SF
    Mishawaka Three-Unit Investment Property

    Three-unit investment property in Mishawaka with detached garage.

    803 North Main Street, Mishawaka, IN 46545

    View details

    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

    View details
    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

    View details
    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

    View details
    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

    View details

    Off-Market Properties in Wakarusa, IN

    Consider similar Off-Market properties in Wakarusa, 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.

    415 Elkhart St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.04 Acres
    Estimated value
    $3,070,000

    415 Elkhart St, Wakarusa, IN 46573-9315

    View details
    111 Elkhart St
    APARTMENT HOUSE (UNDER 5 UNITS)
    9,771 SF Lot: 0.16 Acres
    Estimated value
    $680,000

    111 Elkhart St, Wakarusa, IN 46573-2006

    View details

    Wakarusa, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Wakarusa, IN on our real estate platform. These investment opportunities span a total of 1,780 square feet of properties for sale, with an estimated market value of $269,900.

    Sale prices for multifamily properties in Wakarusa, IN start at $269,900, averaging $269,900, and reaching up to $269,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 3,943
    Population Growth (5Y) +5.3%
    Median Household Income $79,375
    College Educated 33.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46573 $269.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.40%
    Property Tax per SF $41.28 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Wakarusa, IN

    Popular Searches in Wakarusa, IN

    Most Searched ZIP Codes in Wakarusa, IN

    • 46573

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!