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218 S 3rd Street Elkhart, IN $ 225,000
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$ 225,000 Get more info
218 S 3rd Street
$ 225,000
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218 S 3rd Street

Elkhart, IN, 46516
$ 225,000
Bedrooms2 Baths2.3 Sq 3,424

Monthly Estimate*

$ 1,554

218 S 3rd Street, Elkhart, IN 46516 - Image 1
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Multi-Family Home for sale in Elkhart, IN

for $225,000 with 2 bedrooms and 2 full baths, 3 half baths. This 3,424 square foot home was built in 1931.

4-unit income property. Two main level offices and two upper level apartments. Each side has separate GFA furnaces. Upper level tenants would like to stay. Leases are now month to month. All utility cost is paid by property owner.

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Multi-Family Active

Price

$ 225,000

Bedrooms

2

Full Bath

2

Half Bath

3

Property Type

Multi-Family

Taxes

$ 6,718

Style

Converted House

Year Built

1931

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202643239
Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 2
Half Baths 3
Bathrooms 5
Year Built 1931
Parking Paved Private Off Site
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 2
Township Concord
Class INVESTMENT
Type Fourplex
Age 95
Net Income 4316.5
Rent Income 18600
Features Basement Off Street Parking Porch Covered Water Heater Gas
REO No
Status Detail 0
Common Amenities None
Area Elkhart County
Location City/Town/Suburb
High School Elkhart
City Elkhart
School District Elkhart Community Schools
Architectural Style Converted House
Total Sq Ft 5136
Elementary School Beardsley
Middle School North Side
Legal Description BEARDSLEYS 1ST 4RDSX117FT NW COR LOT 72 (TIF 75)
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202643239
Agent First Name Tonia
Agent Last Name Miller
DOM 0
Tax Year 2026
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Interior
Basement Full Basement Unfinished Outside Entrance
Flooring Carpet
Beds 2
Total Number of Units 4
Microwaves 0
Refrigerators 2
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 2
W/D Hookups 0
Basement Material Block Brick
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Exterior
Exterior Cedar
Driveway Asphalt
Pool No
Number of Parking Spaces 8
Lot Size Area 7710
Lot Dimensions 67 X 116
Lot Description Level 0-2.9999
Fence None
Outbuilding None
Water Features None
Waterfront Y/N No
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* Excluded Features
List By
Tonia Miller

Listing Agent

Price Investments

Broker

tonia@priceinvestmentsllc.com

Email

Affordability Calculator

$2,114
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$560
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1236791 Elementary School
1236486 Middle School
Elkhart High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/19/2026$225,000 Listed Price

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218 S 3rd Street, Elkhart, IN, 46516 is a Multi-Family Home for sale at $225,000 with 3,424 sqft. 218 S 3rd Street has 2 bedrooms, 2.3 baths, and was built in 1931. The property's zip code is 46516 which is in Elkhart, IN

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