415 N 2nd Street, Elkhart, IN 46516

Local realty services provided by:Better Homes and Gardens Real Estate Connections
415 N 2nd Street,Elkhart, IN 46516
$179,900
  • 4 Beds
  • 4 Baths
  • 2,182 sq. ft.
  • Multi-family
  • Active
Listed by: jennea schirrCell: 574-215-9291
Office: mckinnies realty, llc. elkhart
MLS#:202608130
Source:Indiana Regional MLS

Price summary

  • Price:$179,900
  • Price per sq. ft.:$82.45

About this home

Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old, and a water heater approximately 1 year old. Current rents are $635, $650, $585, and $685 per month, providing steady income with room for future growth. Conveniently located near downtown amenities, shopping, dining, and major employers, this property is a great addition to any investor’s portfolio. Don’t miss this opportunity to own a well-maintained multi-unit property with solid cash flow potential!

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Home facts

  • Year built:1908
  • Listing ID #:202608130
  • Added:95 day(s) ago
  • Updated:June 15, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Basement Description:Unfinished
  • Living area:2,182 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1908
  • Building area:2,182 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Elkhart
  • Middle school:Pierre Moran
  • Elementary school:Beardsley

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$82.45
  • Tax amount:$2,300

Parking

  • Garage spaces:1
IRMLS information is provided exclusively 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.