415 N 2nd St, Elkhart, IN 46516-3076

$179,900
4
BD
4
BA
2,182
SqFt

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Listing courtesy of Jennea Schirr from McKinnies Realty, LLC Elkhart. Cell: 574-215-9291

List Price
$179,900
Status
CLOSED
MLS#
202608130
Closing Date
Jul 24, 2026
Bedrooms
4
Total # Full Baths
4
Year Built
1908

Property Description

Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old, and a water heater approximately 1 year old. Current rents are $635, $650, $585, and $685 per month, providing steady income with room for future growth. Conveniently located near downtown amenities, shopping, dining, and major employers, this property is a great addition to any investor’s portfolio. Don’t miss this opportunity to own a well-maintained multi-unit property with solid cash flow potential!

Additional Information

County
Elkhart
Township
Concord
School District
Elkhart Community Schools
Basement/Foundation
Unfinished
Acres
0.16
Water
City
Sewer
Public Sewer
Heating
Natural Gas, Forced Air
Cooling
None
Taxes
$3,463
High School
Elkhart
Middle School
Pierre Moran
Elementary School
Beardsley
Property SubType
Residential Income

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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