1433 W Franklin St, Elkhart, IN 46516

$250,000
4
BD
5
BA
2,904
SqFt

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Listing courtesy of Heidi Gaskill from Berkshire Hathaway HomeServices Elkhart. Office: 574-293-1010

List Price
$250,000
Status
CLOSED
MLS#
202606198
Closing Date
Apr 13, 2026
Bedrooms
4
Total # Full Baths
4
Total # Half Baths
1
Year Built
1910

Property Description

Turnkey investment opportunity with built-in cash flow! This 100% occupied fourplex delivers immediate income with reliable long-term tenants already in place who would like to stay, minimizing vacancy risk from day one. Unit A includes valuable basement access with newer mechanicals and offers additional storage and added tenant convenience. Unit B, located on the upper level, has been refreshed with newer flooring, windows, and paint. Unit C features an attached garage, a highly desirable amenity that increases rental value. Studio Apartment D has been recently painted and is currently leased, adding to the property’s stable income stream. A strong addition to any investment portfolio with immediate returns and excellent long-term potential.

Additional Information

County
Elkhart
Township
Concord
School District
Elkhart Community Schools
Basement/Foundation
Unfinished
Acres
0.18
Water
City
Sewer
Public Sewer
Heating
Natural Gas, Forced Air
Cooling
None
Taxes
$2,717
High School
Elkhart
Middle School
West Side
Elementary School
Mary Daly
Property SubType
Residential Income

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


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