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  6. The Mill at Ironworks Plaza
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

137
Units Listed
$1,335
Starting at
$1,675
Average
$2,328
Highest
$2.14
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Mishawaka 46544 rent trends

Beds

Pricing by Bedroom

Studio
$1,407
from $1,370 · 24 units
~562 sqft avg
1 Bed
$1,630
from $1,335 · 89 units
~757 sqft avg
2 Bed
$2,113
from $1,484 · 24 units
~1,101 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 (44)

Largest 8 movers of 44

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

$510K

$6.1M annual run rate

Est. Occupancy

70%

of about 459 units (reported building size)

Effective Rent on New Leases

$1,585

vs $1,675 current asking ($90 negotiation gap)

Recent Lease Activity

201 units tracked; 64 assumed leased, 137 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

137

Very high availability

24 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

137 units
1 Bed / 1 Bath A4-4
$1,335/mo
822 ft² · $1.62/ft² · #247
Up $10 since Aug 12 (was $1,325)
1 Bed / 1 Bath A4-3
$1,360/mo
811 ft² · $1.68/ft² · #147
Up $10 since Aug 12 (was $1,350)
Studio / 1 Bath S1 - Phase II
$1,370/mo
518 ft² · $2.64/ft² · #182
Down $25 since Aug 12 (was $1,395)
1 Bed / 1 Bath A5-1
$1,380/mo
744 ft² · $1.85/ft² · #254
Up $10 since Aug 12 (was $1,370)
1 Bed / 1 Bath A5-1
$1,390/mo
744 ft² · $1.87/ft² · #348
Up $10 since Aug 12 (was $1,380)
Studio / 1 Bath S1 - Phase II
$1,390/mo
518 ft² · $2.68/ft² · #382
Down $25 since Aug 12 (was $1,415)
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 · #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)

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

See how rent prices are changing in Mishawaka 46544 and across Mishawaka, IN.

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