215 Lincoln Highway East

215 Lincoln Highway East, New Haven, IN 46774

  • For Sale $635,000
  • Property Type Multi-Family
  • Property Size 6,873 SF
  • Units 6
  • Lot Size 1.35 Acre
  • Date Updated Apr 1, 2025
• 5-Unit Fully Occupied Multifamily With Occupied Commercial Garage • One Non-Occupied Unit Used For Storage, Can Be Built Into 1/1 Apt. • Laundry Services on Site • Located Along Lincoln Hwy East, a Main Thoroughfare of New HavenValue-Add Opportunity One unit is currently used for storage and can be converted into a 1 bed / 1 bath apartment, offering immediate upside potential. Strong In-Place Cash Flow Net Operating Income of $44,099 with a 6.94% Cap Rate—delivering solid returns in a proven rental market. Mixed-Use Asset Features 5 fully occupied residential units and a leased commercial garage, creating multiple income streams. Professionally Managed & Stabilized Fully leased with onsite laundry and consistent rental income. Minimal hands-on oversight required. Prime Location with High Visibility Located on Lincoln Highway East, a major corridor through New Haven, IN, with strong drive-by traffic and tenant accessibility. Favorable Market Demographics Within a 5-mile radius: 93,488 population 36,915 households $75,522 average household income Affordable Price Point Offered at $635,000—just $105,833 per unit and $92/SF—making it an excellent acquisition for both new and seasoned investors.
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Contacts

broker
Parker Braun

Allied Commercial (MKS)

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Haven, IN
  • Neighborhood New Haven
  • Zip Code 46774
  • Market Fort Wayne

Points of Interest

  • Speedway

    0.08 miles

  • Marathon

    1.50 miles

  • Flying J

    2.61 miles

  • Kroger Fuel

    2.65 miles

  • Georgetown Shell

    2.69 miles

  • Citgo

    3.40 miles

  • ChargePoint

    4.64 miles

  • Tesla Supercharger

    8.46 miles

  • Fort Wayne, IN - Illinois Road Supercharger

    9.91 miles

  • Lot 9001

    5.12 miles

  • Lot 3

    5.15 miles

  • Lot 2

    5.19 miles

  • Parking Garage 1

    5.20 miles

  • Parking Garage 2

    5.23 miles

  • Lot 13

    5.25 miles

  • Lot 4

    5.26 miles

  • Lot 12

    5.26 miles

  • Lot 11

    5.27 miles

  • Lot 9

    5.28 miles

  • Midwest Motel

    1.02 miles

  • Wayne Motel

    1.17 miles

  • Hometown Inn

    1.21 miles

  • Holiday Inn Express Fort Wayne-East (New Haven)

    1.78 miles

  • Travelers Inn

    2.74 miles

  • Coliseum Inn

    3.21 miles

  • Deluxe Inn Motel

    3.62 miles

  • Hilton Fort Wayne at the Grand Wayne Convention Center

    5.80 miles

  • Holiday Inn Fort Wayne-IPFW & Coliseum

    5.85 miles

  • Courtyard Fort Wayne

    5.87 miles

  • Papa John's

    0.77 miles

  • Burger King

    0.83 miles

  • McDonald's

    0.89 miles

  • Taco Bell

    2.50 miles

  • Peking

    2.55 miles

  • Ziffles Rib Bar

    2.58 miles

  • Jeff's Coney

    2.58 miles

  • Wendy's

    2.61 miles

  • Yum Thai

    2.62 miles

  • Subway

    2.62 miles

  • New Haven Elementary School

    0.50 miles

  • Meadowbrook Elementary School

    0.53 miles

  • Saint John the Baptist School

    0.70 miles

  • New Haven High School

    0.90 miles

  • Highland Terrace Elementary School

    1.23 miles

  • Blackhawk Christian High

    2.52 miles

  • Saint Peter Lutheran School

    2.53 miles

  • Blackhawk Christian High School

    2.54 miles

  • Haley Elementary School

    2.64 miles

  • Blackhawk Middle School

    2.68 miles

  • Leap -n- Learn preschool

    4.68 miles

Frequently Asked Questions

How much does 215 Lincoln Highway East cost?

The space currently listed for sale at 215 Lincoln Highway East asks for $635,000.

What is the total square footage of 215 Lincoln Highway East?

215 Lincoln Highway East totals 6,873 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Parker Braun

Allied Commercial (MKS)

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