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The Mill at Ironworks Plaza apartments in Mishawaka, IN

Updated

The Mill at Ironworks Plaza

235 Ironworks Ave, Mishawaka, IN 46544

4.6 (239 reviews) Official Website

Live pricing, refreshed

154
Units Listed
$1,245
Starting at
$1,696
Average
$2,368
Highest
$2.16
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Mishawaka, IN rent trends

Beds

Pricing by Bedroom

Studio
$1,422
from $1,245 · 29 units
~565 sqft avg
1 Bed
$1,642
from $1,370 · 98 units
~765 sqft avg
2 Bed
$2,186
from $1,780 · 27 units
~1,108 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (38)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$476K

$5.7M annual run rate

Est. Occupancy

66%

of about 459 units (reported building size)

Effective Rent on New Leases

$1,559

vs $1,696 current asking ($137 negotiation gap)

Recent Lease Activity

179 units tracked; 25 assumed leased, 154 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

154

Very high availability

22 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

154 units
Studio / 1 Bath S2-1
$1,245/mo
571 ft² · $2.18/ft\u00B2 · #460
Studio / 1 Bath S1-1
$1,290/mo
600 ft² · $2.15/ft\u00B2 · #232
1 Bed / 1 Bath A4-1
$1,370/mo
751 ft² · $1.82/ft\u00B2 · #124
1 Bed / 1 Bath A4-1
$1,370/mo
751 ft² · $1.82/ft\u00B2 · #224
1 Bed / 1 Bath A4-1
$1,380/mo
751 ft² · $1.84/ft\u00B2 · #385
Studio / 1 Bath S1 - Phase II
$1,395/mo
518 ft² · $2.69/ft\u00B2 · #182
Studio / 1 Bath S1 - Phase II
$1,415/mo
518 ft² · $2.73/ft\u00B2 · #382
Studio / 1 Bath S2 - Phase II
$1,420/mo
573 ft² · $2.48/ft\u00B2 · #127
Studio / 1 Bath S2 - Phase II
$1,420/mo
573 ft² · $2.48/ft\u00B2 · #153
Studio / 1 Bath S2 - Phase II
$1,420/mo
573 ft² · $2.48/ft\u00B2 · #163

Train activity

Trains close by

Freight line 2,226 ft away · 65 trains/day

  • 29 daytime, 36 overnight
  • Quiet zone. Horns are silenced at the nearest crossing.
  • Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Mishawaka, IN notes

No resident notes for this property yet.

Mishawaka, IN Rent Trends

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