1500 W Lexington Avenue Elkhart, IN ^$ 120,000

1500 W Lexington Avenue

^$ 120,000

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Recently Listed

1500 W Lexington Avenue

Elkhart, IN, 46516

^$ 120,000

Bedrooms2 Baths1.0 Sq 866

Monthly Estimate*

^$ 739

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 1

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 2

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 3

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 4

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 5

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 6

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 7

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 8

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 9

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 10

1500 W Lexington Avenue, Elkhart, IN 46516 - Image 11

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Multi-Family Home for sale in Elkhart, IN

for $120,000 with 2 bedrooms and 1 full bath. This 866 square foot home was built in 1912.

Tenant-occupied investment opportunity in Elkhart! This single-family home offers immediate rental income with an established tenant already in place. Property features spacious living areas, functional layout, and convenient location near shopping, schools, and major roadways. Great opportunity for investors looking to expand their portfolio or add a cash-flowing property. Please allow notice for showings due to tenant occupancy.

Multi-Family Active

Price

^$ 120,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,438

Style

Year Built

1912

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202620063

Features

General

Heating Gas Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1912

New Construction No

Tenant Pays Cable Cooling Electric Heating Lawn Maintenance Sewer Snow Removal Water

Subdivision None

Style One Story

Stories Count 1

Township Concord

Class INVESTMENT

Type Other

Age 114

Net Income 6461.56

Rent Income 12000

Features Off Street Parking Porch Enclosed Water Heater Gas Washer Hook-Up

REO No

Status Detail 0

Area Elkhart County

High School Elkhart

City Elkhart

School District Elkhart Community Schools

Total Sq Ft 1490

Elementary School Mary Daly

Middle School West Side

Legal Description South View Lot 6 & 7

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202620063

Agent First Name Michelle

Agent Last Name Bordeau

DOM 1

Tax Year 2025

Interior

Basement Partial Basement

Flooring Vinyl

Beds 2

Total Number of Units 1

Microwaves 0

Refrigerators 1

Washers 0

Dryer(s) 0

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 1

W/D Hookups 1

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 4

Lot Size Area 12197

Lot Dimensions 82x146

Lot Description Level

Water Meters 1

Electric Meters 1

Outbuilding 2nd Detached Garage

Gas Meters 1

Waterfront Y/N No

* Excluded Features

List By

Michelle Bordeau

Listing Agent

Sunrise Realty

Broker

MichelleBordeau40@gmail.com

Affordability Calculator

$942

Per Month

Monthly Principal & Interest: $739
Monthly Property Taxes: $203
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 6.25% 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

Trends
Schools

Multi-family listings in Elkhart, IN

Average List Price ^$274,700

Percent of Sale Price 129%

About Elkhart, IN

53,365 Population

-3% Since 2002

^$39,230 Median Income

35.79 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1235677 Elementary School

1237294 Middle School

Elkhart High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$120,000		Listed Price

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1500 W Lexington Avenue, Elkhart, IN, 46516 is a Multi-Family Home for sale at $120,000 with 866 sqft. 1500 W Lexington Avenue has 2 bedrooms, 1.0 baths, and was built in 1912. The property's zip code is 46516 which is in Elkhart, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 5/27/2026.

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1500 W Lexington Avenue

Multi-Family Home for sale in Elkhart, IN

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