701 W Beardsley Avenue Elkhart, IN $ 499,000
701 W Beardsley Avenue
$ 499,000
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701 W Beardsley Avenue

Elkhart, IN, 46514
$ 499,000
Bedrooms12 Baths12.0 Sq 10,290

Monthly Estimate*

$ 3,072

701 W Beardsley Avenue, Elkhart, IN 46514 - Image 1
701 W Beardsley Avenue, Elkhart, IN 46514 - Image 2
701 W Beardsley Avenue, Elkhart, IN 46514 - Image 3
701 W Beardsley Avenue, Elkhart, IN 46514 - Image 4
701 W Beardsley Avenue, Elkhart, IN 46514 - Image 5
701 W Beardsley Avenue, Elkhart, IN 46514 - Image 6
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Multi-Family Home for sale in Elkhart, IN

for $499,000 with 12 bedrooms and 12 full baths. This 10,290 square foot home was built in 1900.

Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. With a pro forma gross annual income exceeding $80,000, this property is well-positioned for growth. The building includes 9 leased units, 1 owner-occupied unit, and 2 vacant units in need of improvements for occupancyproviding immediate value-add potential. Recent electrical improvements allow for future separation of utilities, offering a path to reduced expenses and increased NOI. Additional features include a pole barn, a durable rubber roof, and a boiler approximately 810 years old. Ideal for a buy-and-improve investor focused on building equity and maximizing returns.

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Multi-Family Active

Price

$ 499,000

Bedrooms

12

Full Bath

12

Property Type

Multi-Family

Taxes

$ 5,370

Style

Apartment Building

Year Built

1900

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202613609

Features
General
Heating Gas Forced Air Multiple Heating Systems
Cooling Window
Sewer City
Status Active Active
Full Baths 12
Half Baths 0
Bathrooms 12
Year Built 1900
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 2
Township Concord
Class INVESTMENT
Type Apartment Building
Age 126
Net Income 39154.78
Rent Income 71100
Features Basement Off Street Parking
REO No
Status Detail 0
Area Elkhart County
Location City/Town/Suburb
High School Elkhart
City Elkhart
School District Elkhart Community Schools
Total Sq Ft 15558
Elementary School Mary Daly
Middle School West Side
Legal Description N ELKHART LOT 57 *and* N ELK 44X82 1/2 FT LOT 56
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613609
Agent First Name Steve
Agent Last Name Miller
DOM 4
Tax Year 2025 pay 2026
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Interior
Basement Full Basement Outside Entrance
Flooring Carpet Vinyl
Beds 16
Total Number of Units 12
Microwaves 0
Refrigerators 10
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 16
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 3
Ranges/Ovens 10
W/D Hookups 2
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Exterior
Exterior Brick
Pool No
Number of Parking Spaces 12
Lot Size Area 13939
Lot Dimensions .32 acre
Lot Description 0-2.9999
Outbuilding Outbuilding
Waterfront Y/N No
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* Excluded Features
List By
Steve Miller

Listing Agent

Re/Max Results

Broker

steve@startwithstellar.com

Email

Affordability Calculator

$3,520
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1235677 Elementary School
1237294 Middle School
Elkhart High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$499,000 Listed Price

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701 W Beardsley Avenue, Elkhart, IN, 46514 is a Multi-Family Home for sale at $499,000 with 10,290 sqft. 701 W Beardsley Avenue has 12 bedrooms, 12.0 baths, and was built in 1900. The property's zip code is 46514 which is in Elkhart, IN