215 Lincoln Highway East

For Sale

215 Lincoln Highway East, New Haven, IN 46774

This New Haven property for sale is located at 215 Lincoln Highway East. The current listed sale price for 215 Lincoln Highway East is $635,000. 215 Lincoln Highway East is situated on a lot that is 1.35 acre in size.

Contacts

broker
Parker Braun

Allied Commercial (MKS)

Property Details

  • 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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Getting around

  • 51/100

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  • 49/100

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Location

  • 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

  • Kroger

    0.69 miles

  • Big Lots

    0.76 miles

  • Marshalls

    3.93 miles

  • Target

    4.02 miles

  • Kohl's

    4.07 miles

  • Walmart Supercenter

    4.16 miles

  • Meijer

    4.43 miles

  • ALDI

    5.66 miles

  • Shoppes of Coventry

    5.75 miles

  • TJ Maxx

    6.37 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Parker Braun

Allied Commercial (MKS)

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