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

$165,000
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

Selling Office: RE/MAX 100.

Sold Price
$165,000
List Price
$179,900
Status
CLOSED
MLS#
202608130
Closing Date
Jul 24, 2026
Year Built
1908
Days On Market
Unknown
Bedrooms
4
Bathrooms
4
Living Area
2,182
Township
Concord

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

Acres
0.16
Taxes
$3,463
Water
City
Heating
Natural Gas, Forced Air
Cooling
None
Flooring
Vinyl
School District
Elkhart Community Schools
Elementary School
Beardsley
Middle School
Pierre Moran
High School
Elkhart
Agent Name
Jennea Schirr

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


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