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    Mishawaka, IN Triplexes for Sale

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    Remodeled Triplex with Basements
    Updated: Mar 11
    Remodeled Triplex with Basements

    815 North Main Street, Mishawaka, IN 46545

    $329,900
    3,650 sqft
    3,650‑square‑foot triplex with three two‑bedroom units
    Unit A recently renovated and vacant
    Unit B occupied with updated bathroom and open layout
    Unit C kitchen and living area remodeled in 2023
    Newer HVAC systems and central air in all units
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    This listing looks promising.

    Here's a quick look at some key insights for

    815 North Main Street, Mishawaka, IN 46545

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $398K
      Above asking

    • Property Type

      Single Family Residence
      Built 1916
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    Triplex with Attached Garages
    Updated: Apr 10
    Triplex with Attached Garages

    1009-1011 East Lawrence Street, Mishawaka, IN 46545

    $219,900
    2,678 sqft
    Three‑unit building with approximately 850 sqft per residence
    Each unit includes 2 bedrooms, 1 bath, and a one‑car attached garage
    Radiant floor heat supplied by dedicated water heaters in each unit
    Separate gas, water, and electric service for each residence
    2,678‑square‑foot building redone in 2000
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    Renovated Triplex Investment Property
    Renovated Triplex Investment Property

    312 Harrison St, Mishawaka, IN 46544

    Contact for pricing

    Triplex with recently renovated units, basement laundry access, and back-of-property parking.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mishawaka, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Triplex with New Furnace
    Renovated Triplex with New Furnace

    616 N Michigan Street, Elkhart, IN 46514

    $198,900
    1,502 sqft 0.20 AC lot

    Triplex renovated prior to the current tenants moving in, with a new furnace and off-street parking on-site.

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    Renovated Triplex with New Furnace
    Renovated Triplex with New Furnace

    616 N Michigan Street, Elkhart, IN 46514

    $209,900
    1,502 sqft

    Three-unit rental property with renovations completed before tenant occupancy and a new furnace installed this year.

    View details
    Triplex with Rear Storage Garage
    Triplex with Rear Storage Garage

    3306 3308 Mishawaka Ave, South Bend, IN 46615

    $249,900
    2,064 sqft

    All three units are leased, with a two-bedroom layout alongside two one-bedroom residences.

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    Triplex with Three Two-Bedroom Units
    Triplex with Three Two-Bedroom Units

    330 N Sunnyside Street, South Bend, IN 46617

    $695,000
    0.08 AC lot

    Triplex built in 2008 featuring three two-bedroom units and off-street parking.

    View details

    Mishawaka, IN Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Mishawaka, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,328 square feet of properties for sale, with an estimated market value of $549,800.

    Sale prices for three-family homes in Mishawaka, IN start at $219,900, averaging $274,900, and reaching up to $329,900 — 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

    Triplexes 3
    Duplexes 2
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 58K
    Population Growth (5Y) +3.1%
    Median Household Income $56,959
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46545 $203K
    46544 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.61%
    Property Tax per SF $45.22 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Mishawaka fall within the 100,000+ square foot range.

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