Multifamily Housing - For Sale
11 West Indiana Avenue Hamlet, IN 46532
Details & Description
Price: $615,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 3.000
  • Building Sq Ft 12,432
  • Building Price per Sq Ft $49.47
  • Land Sq Ft 130,680
  • Land Price per Sq Ft $4.71
This former school building has been converted into a 12-unit apartment building. The building has historically high occupancy resulting from a lack of supply in housing. Coin laundry is available for tenants and is an additional revenue stream. Vacant land adjacent to the apartment building is available separately for development.
Listing Agents
Christopher Barth
NAI - Cressy
O: 574-485-1553
M: 574-261-1797
cbarth@cressy.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

11 West Indiana Avenue

Hamlet, IN 46532

Listing ID: 230332
$615,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 3.000
  • Building Sq Ft 12,432
  • Building Price per Sq Ft $49.47
  • Land Sq Ft 130,680
  • Land Price per Sq Ft $4.71
  • 11 West Indiana Avenue Hamlet, IN 46532 - main image
  • 11 West Indiana Avenue Hamlet, IN 46532 - alt image 2
11 West Indiana Avenue - main image
11 West Indiana Avenue - alt image 2
Description

This former school building has been converted into a 12-unit apartment building. The building has historically high occupancy resulting from a lack of supply in housing. Coin laundry is available for tenants and is an additional revenue stream. Vacant land adjacent to the apartment building is available separately for development.

Attachments & Files

Listing Demographics for 11 West Indiana Avenue Hamlet, IN 46532

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4391,7824,179
Population Median Age393939
Population by Age0-9 Yrs59 (13%)256 (14%)538 (12%)
10-19 Yrs52 (11%)229 (12%)581 (13%)
20-29 Yrs67 (15%)233 (13%)504 (12%)
30-39 Yrs41 (9%)174 (9%)415 (9%)
40-49 Yrs48 (10%)240 (13%)598 (14%)
50-59 Yrs69 (15%)235 (13%)546 (13%)
60-69 Yrs57 (12%)234 (13%)567 (13%)
70+ Yrs46 (10%)180 (10%)428 (10%)
Median HH Income$40,127$58,805$62,513
Total Household Income< 24K42 (25%)103 (16%)202 (14%)
25-49K60 (36%)168 (27%)368 (25%)
50-74K30 (18%)144 (23%)346 (24%)
75-99K21 (12%)128 (20%)321 (22%)
100-199K13 (7%)65 (10%)170 (11%)
200K+0 (0%)11 (1%)32 (2%)
Highest Education LevelNo Diploma58164344
Diploma or GED1425191205
Some College42301762
Assoc. Degree1179214
Bachelors Degree2494238
Higher Degree123373
Total Housing Units2087611,747
--Owner-Occupied1245011,203
--Renter-Occupied42117237
Owner-Occupied Values< 100K97225436
100-199K27236637
200-299K01761
300-399K02159
400-499K002
500K+027
Total Working Age Population3541,3683,219
In Work Force2218521,998
Not In Work Force1325151,221
Workforce Employed2158301,943
Workforce Unemployed62355
Civlian Workforce2218521,998
Military Workforce000
Total Households1666181,440
Family Households1174521,057
Non-Family Households49166383
Married Couple75332817
Other Family42120241
Married w/Child23111269
Single Male w/Child81829
Single Female w/Child153150

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Indiana6,080,485+76,483,802+46,738,573+47,014,880
LaPorte County110,106+1111,467-1110,3280110,004
St. Joseph County265,559+1266,931+1269,113+1271,912
Starke County23,556-123,363-322,595-321,845

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
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