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677 Stamp Drive Elkhart, IN $ 4,700,000
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$ 4,700,000 Get more info
677 Stamp Drive
$ 4,700,000
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677 Stamp Drive

Elkhart, IN, 46514
$ 4,700,000
Bedrooms3 Baths1.0 Sq 1,040

Monthly Estimate*

$ 32,462

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View a Virtual Tour

Multi-Family Home for sale in Elkhart, IN

for $4,700,000 with 3 bedrooms and 1 full bath. This 1,040 square foot home was built in 1973.

Investment opportunity on the St. Joseph River in Elkhart, Indiana! This package includes 19 single-family homes and one duplex for a total of 21 rental units. Eleven properties sit along the river, and the other nine are directly across the street, making it easier to manage the portfolio. Most properties have been updated and remodeled, and the majority have long-term tenants who would like to stay. Add 21 established rental units to your holdings in a single transaction.

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Multi-Family Active

Price

$ 4,700,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 31,535

Style

Ranch

Year Built

1973

Town/City

Elkhart

County/Region

Elkhart

MLS | Web ID

202646485
Features
General
Heating Hot Water
Cooling Window
Water Access Type Riverfront
Sewer City
# of Buildings 20
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1973
Parking Garage Off Street
New Construction No
Tenant Pays Alarm Cable Electric Heating Lawn Maintenance Sewer Snow Removal Trash Collection Water
Subdivision None
Style One Story
Stories Count 1
Township Concord
Class INVESTMENT
Type Other
Age 53
Net Income 197175
Rent Income 302868
Features Basement Off Street Parking
REO No
Status Detail 0
Area Elkhart County
High School Elkhart
City Elkhart
School District Elkhart Community Schools
Architectural Style Ranch
Total Sq Ft 2080
Elementary School Mary Daly
Middle School West Side
Legal Description PT SW1/4 SEC 5 & PT SE1/4 SEC 6 & S1/2 VAC WACO ST &JOHNS RIV LOT 201 & STEPHENS PARK EX 8FT E SIDE LOT 19 TOTAL 7.417A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202646485
Agent First Name Heidi
Agent Last Name Gaskill
DOM 0
Tax Year 2025 pay 2026
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Interior
Basement Full Basement
Flooring Carpet Vinyl
Beds 3
Total Number of Units 21
Microwaves 0
Refrigerators 21
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 21
W/D Hookups 0
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Exterior
Exterior Brick Vinyl
Water Frontage 1500
Pool No
Number of Parking Spaces 42
Waterfront River
Lot Size Area 382457
Lot Dimensions 405 x 950
Lot Description Waterfront Flood Plain
Outbuilding None
Waterfront Y/N Yes
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* Excluded Features
List By
Heidi Gaskill

Listing Agent

Berkshire Hathaway Homeservices Elkhart

Broker

heidigaskill@bhhsni.com

Email

Affordability Calculator

$35,090
Per Month
93%
7%
0%
Monthly Principal & Interest
$32,462
Monthly Property Taxes
$2,628
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
1235677 Elementary School
1237294 Middle School
Elkhart High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/12/2026$4,700,000 Listed Price

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677 Stamp Drive, Elkhart, IN, 46514 is a Multi-Family Home for sale at $4,700,000 with 1,040 sqft. 677 Stamp Drive has 3 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 46514 which is in Elkhart, IN

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