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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, USA

4.6 (239 reviews) Official Website

Live pricing, refreshed

107
Units Listed
$1,356
Starting at
$1,668
Average
$2,328
Highest
$2.17
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Mishawaka 46544 rent trends

Beds

Pricing by Bedroom

Studio
$1,408
from $1,395 · 20 units
~570 sqft avg
1 Bed
$1,614
from $1,356 · 68 units
~744 sqft avg
2 Bed
$2,135
from $1,675 · 19 units
~1,074 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (74)

Largest 8 movers of 74

Last 15 days

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

$565K

$6.8M annual run rate

Est. Occupancy

77%

of about 459 units (reported building size)

Effective Rent on New Leases

$1,604

vs $1,668 current asking ($64 negotiation gap)

Recent Lease Activity

207 units tracked; 100 assumed leased, 107 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

107

Very high availability

15 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

107 units
1 Bed / 1 Bath A4-1
$1,356/mo
751 ft² · $1.81/ft² · #259
Up $36 since Sep 25 (was $1,320)
1 Bed / 1 Bath A5-1
$1,360/mo
744 ft² · $1.83/ft² · #148
Up $15 since Sep 24 (was $1,345)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #127
Down $25 since Aug 12 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #146
Down $25 since Aug 22 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #153
Down $25 since Aug 12 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #163
Down $25 since Aug 12 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #165
Down $25 since Aug 12 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,395/mo
573 ft² · $2.43/ft² · #168
Down $25 since Aug 12 (was $1,420)
Studio / 1 Bath S2 - Phase II
$1,405/mo
573 ft² · $2.45/ft² · #227
Down $25 since Aug 12 (was $1,430)
Studio / 1 Bath S2 - Phase II
$1,405/mo
573 ft² · $2.45/ft² · #246
Down $25 since Aug 12 (was $1,430)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 2,226 ft away · 64 trains/day

  • 30 daytime, 34 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.

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Mishawaka 46544 Rent Trends

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