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Listed price in listed location currency (USD).
$499,000

161212

MLS® 202613609

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 10290 sqft
Garage 
Taxes $5,370
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $48
MLS® Number 202613609

Property Address: 701 W Beardsley Ave, Elkhart, IN, 46514-2233

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. With a pro forma gross annual income exceeding $80, 000, this property is well-positioned for growth. The building includes 9 leased units, 1 owner-occupied unit, and 2 vacant units in need of improvements for occupancy—providing immediate value-add potential. Recent electrical improvements allow for future separation of utilities, offering a path to reduced expenses and increased NOI. Additional features include a pole barn, a durable rubber roof, and a boiler approximately 8–10 years old. Ideal for a buy-and-improve investor focused on building equity and maximizing returns.
MLS® Number202613609
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Exterior Entry
DrivewayOff-Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
701 W Beardsley Ave, Elkhart, IN

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