Closed

$1,050,000

101 W Main St, Winamac, IN 46996

29beds

14,845sqft

Multi Family

Built in 1964

-- sqft lot

$1,049,900 Zestimate^®

$--/sqft

$932 Estimated rent

Home value

$1,049,900

Estimated sales range

Not available

$932/mo

Zestimate^® history

Owner options

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$932/mo

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$932/mo

Rent Zestimate^®

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$4,859/mo

Est. payment

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$4,859/mo

Est. payment

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What's special

Brick apartment complexShared laundry roomGrassy courtyard

Investment opportunity!! 19-unit brick apartment complex that features a shared laundry room, a grassy courtyard, and a private parking lot for residents. This well-maintained property includes a combination of 6 two-bedroom townhouse apartments, 6 one-bedroom apartments, 4 two-bedroom apartments, and 3 studio apartments. Situated conveniently across from the courthouse square in Winamac, IN, this complex is within walking distance to various amenities, including restaurants, schools, a library, a town park, and walking paths. All units are currently occupied. Cap rate 7.26%

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 29
Bathrooms: 19
Full bathrooms: 19

Heating

Natural Gas, Forced Air

Cooling

Central Air, Window Unit(s), Multi Units

Features

Flooring: Mixed
Basement: Crawl Space,Partial,Unfinished,Block,Brick

Interior area

Total structure area: 17,344
Total interior livable area: 14,845 sqft
Finished area above ground: 14,845
Finished area below ground: 0

Property

Parking

Total spaces: 13
Parking features: Parking Lot, Off Street, Paved, Private, Public, On Street, Off Street Parking, Asphalt
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Fencing: None

Lot

Size: 0.4 Acres
Dimensions: 132X132
Features: Level, City/Town/Suburb

Details

Additional structures: Shed(s)
Additional parcels included: 6614-14-145-010.000-011
Parcel number: 661414145009.000011

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick, Vinyl Siding
Foundation: Basement
Roof: Asphalt,Shingle

Condition

New construction: No
Year built: 1964

Utilities & green energy

Gas: NIPSCO
Sewer: City, Public Sewer
Water: City, Public

Community & HOA

Community

Features: Laundry Facilities, Sidewalks
Subdivision: None

Location

Region: Winamac

Financial & listing details

Annual tax amount: $6,400
Date on market: 4/24/2026
Listing terms: Cash,Conventional
Inclusions: Building, Lease
Lease term: Other
Total actual rent: 118860
Tenant pays: Electricity, Sewer, Trash Collection, Water
Road surface type: Paved

Price history

Date	Event	Price
9/18/2026	Sold	$1,050,000-16%
Source: IRMLS #202614853 Report a problem
8/19/2026	Pending sale	$1,250,000
Source: IRMLS #202614853 Report a problem
4/24/2026	Listed for sale	$1,250,000
Source: IRMLS #202614853 Report a problem