Property profile

217 3rd St Mishawaka, IN 46544

OFF-MARKET
Residential income homes
Property ID
US31-1855439
7,596 SF 1.8 ac lot Built 1958
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1958
Construction WOOD
Total area 7,596 SF
Lot 1.8 ac (78,400 SF)
APN 71-09-16-262-001.000-023
UPID US31-1855439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

217 3rd St Mishawaka, IN 46544-1923
Mishawaka metro Census 10202 SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$587k
Blend (final) Blend
$595k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $760,000 +55.2%
Retail stores $685,000 +40.3%
Commercial (general) $555,000 +13.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 217 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message