South Whitley, IN Residential income properties for sale

$225,000

0.11 Acres

Restaurant and Home Combo

101 N State Street, South Whitley, IN 46787

Restaurant and residential property package in South Whitley, Indiana.

Rare opportunity: Own a fully equipped, established restaurant (Carol's Corner Drive‑In) and a separate 4‑bedroom home in one package.
Restaurant includes valuable equipment: Electrofreeze ice cream and slushie machines, Fry Master fryers, Vulcan‑Hart grill, and more.
The 2,591 sq ft residence features 4 bedrooms, 2 bathrooms, original hardwood floors, and main‑floor laundry.
Ample parking available for the restaurant, plus an attached 1‑car garage and a large detached garage for the residence.
Restaurant has a welcoming covered seating/play area and includes the iconic 1989 Volkswagen 'Burger Buggy'.

Updated: May 27, 2025

View details

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in South Whitley, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

$229,900

3,754 SF

Fully Leased Sixplex Investment

Well-maintained fully occupied six-unit property offers stable income with potential for rent growth.

208 E Van Buren Street, Columbia City, IN 46725

View details

Retail and Apartment Building with Display Windows

$174,900

0.08 Acres

Retail and Apartment Building with Display Windows

Downtown mixed-use building with main-level retail and two upper apartments, including a fully renovated unit.

114 E Main Street, North Manchester, IN 46962

View details

Columbia City Sixplex Investment Opportunity

$349,000

4,312 SF

Columbia City Sixplex Investment Opportunity

Six-unit multifamily property with proven rental history on 1.21 acres.

4865 W US 30 Highway, Columbia City, IN 46725

View details

$185,000

0.11 Acres

Historic Mixed-Use Office Building

Two-building main street property with medical-ready office space, a blank storefront, and two upper apartments.

127 E Main Street, North Manchester, IN 46962

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.

$53,500

0.25 Acres

Residential Land in Columbia City

Residential land for sale in a new Columbia City neighborhood.

1042 W Green Meadow Run, Columbia City, IN 46725

View details

$40,000

0.38 Acres

Residential Land in Winona Lake

Rare opportunity to build your dream home near Winona Lake.

TBD Lot #88 in Lamp Post Manor Estates Road, Winona Lake, IN 46590

View details

$40,000

0.41 Acres

Residential Land in Lamp Post Manor

Residential land near Grace College and Winona Lake amenities.

TBD Lot #85 in Lamp Post Manor Estates Road, Winona Lake, IN 46590

View details

$98,900

0.73 Acres

Residential Land in Arrowhead Ridge

Residential land in a private, rural subdivision with expansive lots.

4751 Shawnee Lane, Churubusco, IN 46723

View details

Off-Market Properties in South Whitley, IN

Consider similar Off-Market properties in South Whitley, 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.

APARTMENT HOUSE (UNDER 5 UNITS)

1,456 SF Lot: 0.86 Acres

Estimated value

$785,000

526 Market St, South Whitley, IN 46787-1013

View details

APARTMENT HOUSE (UNDER 5 UNITS)

1,638 SF Lot: 0.22 Acres

Estimated value

$860,000

Walnut St, South Whitley, IN 46787

View details

MOBILE HOME PARK, TRAILER PARK

Lot: 56.33 Acres

Value Estimation by Request

6620 State Rd 14, South Whitley, IN 46787

View details

MOBILE HOME PARK, TRAILER PARK

Lot: 10.26 Acres

Value Estimation by Request

702 State St, South Whitley, IN 46787-1418

View details

APARTMENT HOUSE (UNDER 5 UNITS)

1,440 SF Lot: 0.29 Acres

Estimated value

$765,000

506 Flint St, South Whitley, IN 46787-1425

View details

APARTMENT HOUSE (UNDER 5 UNITS)

1,440 SF Lot: 0.28 Acres

Estimated value

$765,000

Flint St, South Whitley, IN 46787

View details

APARTMENT HOUSE (UNDER 5 UNITS)

2,160 SF Lot: 0.72 Acres

Estimated value

$1,095,000

402 Calhoun St, South Whitley, IN 46787-1301

View details

MOBILE HOME PARK, TRAILER PARK

Lot: 35.81 Acres

Value Estimation by Request

7886 500th S, South Whitley, IN 46787-9623

View details

South Whitley, IN Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in South Whitley, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $225,000.

Sale prices for residential income properties in South Whitley, IN start at $225,000, averaging $225,000, and reaching up to $225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46787	$225K

Neighborhood

Average Price

46787

$225K

South Whitley, IN Residential Income Properties for Sale

101 N State Street, South Whitley, IN 46787

Opportunities in Nearby Cities

208 E Van Buren Street, Columbia City, IN 46725

114 E Main Street, North Manchester, IN 46962

4865 W US 30 Highway, Columbia City, IN 46725

127 E Main Street, North Manchester, IN 46962