916 Madison Street, Elkhart, IN 46516

Local realty services provided by:Better Homes and Gardens Real Estate Connections
916 Madison Street,Elkhart, IN 46516
$99,900
  • 8 Beds
  • 4 Baths
  • 2,384 sq. ft.
  • Multi-family
  • Active
Listed by:jennea schirrCell: 574-215-9291
Office:mckinnies realty, llc. elkhart
MLS#:202539215
Source:Indiana Regional MLS

Price summary

  • Price:$99,900
  • Price per sq. ft.:$41.9

About this home

Fantastic Income Opportunity! This duplex is in the process of a complete rehab, making it a rare find and ready for its new owner to maximize its full potential. Each side featuring four bedrooms and two baths total, each unit offers excellent versatility—live in one and rent the other to help offset your mortgage, or rent both units for maximum return. While ROI can’t yet be measured with renovations still underway and no current tenants, this is your chance to secure a unique investment opportunity. Once complete, the modern updates will add strong renter appeal, making this property a turnkey, income-producing asset. Don’t miss out!

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Home facts

  • Year built:1910
  • Listing ID #:202539215
  • Added:1 day(s) ago
  • Updated:September 29, 2025 at 03:13 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,384 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1910
  • Building area:2,384 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Elkhart
  • Middle school:Pierre Moran
  • Elementary school:Mary Beck

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$99,900
  • Price per sq. ft.:$41.9
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 2025 Indiana Regional MLS LLC.