308 E Madison Street Goshen, IN ^$ 279,900

308 E Madison Street

^$ 279,900

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308 E Madison Street

Goshen, IN, 46550

^$ 279,900

Bedrooms3 Baths5.0 Sq 2,050

Monthly Estimate*

^$ 1,746

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Multi-Family Home for sale in Goshen, IN

for $279,900 with 3 bedrooms and 5 full baths. This 2,050 square foot home was built in 1940.

Cash-flowing 5-unit apartment building for sale! Calling all investors, here is your chance to add 5 updated units to your portfolio and start making money instantly. Brand new roof just installed in 2025. 4 out of 5 units remodeled in 2024. All 5 units occupied making this a true turn-key acquisition. Act quickly, these opportunities do not present themselves often!

Multi-Family Pending

Price

^$ 279,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,884

Style

Fiveplex

Year Built

1940

Town/City

Goshen

County/Region

Elkhart

MLS | Web ID

202528514

Features

General

Heating Forced Air

Cooling Window

Sewer City

Status Pending Pending

Full Baths 5

Half Baths 0

Bathrooms 5

Year Built 1940

New Construction No

Tenant Pays Electric

Subdivision None

Style Two Story

Stories Count 2

Township Elkhart

Class INVESTMENT

Type Fiveplex

Age 85

Net Income 23629.76

Rent Income 37380

Features Water Heater Gas

REO No

Status Detail 0

Area Elkhart County

High School Goshen

City Goshen

School District Goshen Community Schools

Total Sq Ft 3070

Elementary School West Goshen

Middle School Goshen

Legal Description Second South Add 54X40ft Ne Cor 24

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202528514

Agent First Name Drew

Agent Last Name Overmyer

DOM 108

Tax Year 2025/2026

Interior

Basement Full Basement Unfinished

Flooring Mixed

Beds 5

Total Number of Units 5

Microwaves 0

Refrigerators 5

Washers 1

Dryer(s) 1

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 5

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 1

Ranges/Ovens 5

W/D Hookups 0

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 0

Lot Size Area 2178

Lot Dimensions 40X54

Lot Description 0-2.9999

Outbuilding None

Waterfront Y/N No

* Excluded Features

List By

Drew Overmyer

Listing Agent

At Home Realty Group

Broker

drew@michianaathome.com

Affordability Calculator

$2,070

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $324
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Goshen, IN

Average List Price ^$295,740

Percent of Sale Price 6%

About Goshen, IN

35,107 Population

12% Since 2002

^$45,876 Median Income

34.62 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237035 Elementary School

1236976 Middle School

Goshen High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/20/2025	$279,900	-5.12%	Price Down
7/22/2025	$295,000		Listed Price

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308 E Madison Street, Goshen, IN, 46550 is a Multi-Family Home for sale at $279,900 with 2,050 sqft. 308 E Madison Street has 3 bedrooms, 5.0 baths, and was built in 1940. The property's zip code is 46550 which is in Goshen, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/12/2025.

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308 E Madison Street

Multi-Family Home for sale in Goshen, IN

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