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428 State Street

Elkhart, IN 46516
  • $109,900
  • STATUS: Active
  • ON SITE: 174 Days
  • MLS #: 202427339
UPDATED: 89 min ago
$109,900
  • 4
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,352
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Jennea Schirr of McKinnies Realty, LLC Elkhart: Cell: 574-215-9291.

Description

Attention investors! Don't miss out on this great opportunity! This spacious duplex, conveniently located near downtown, is sure to bring you a solid income. The current owner resides in one unit and rents the other for $800 per month. Both units feature 2 bedrooms and 1 bathroom, with one unit on the main level and the other on the upper level. This property is in decent condition and offers an unfinished basement for all your storage needs. Schedule your private showing today!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-13T00:28:23.423.

www.housesinfortwayne.com/homes/152871271
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428 State Street Elkhart, IN 46516

  • Price: $109,900
  • Status: Active
  • On Site: 174 Days
  • Updated: 89 min ago
  • MLS #: 202427339
4
Beds
2
Baths
0
½ Baths
0.05
Acres
1,352
SQFT
$81
$/SQFT
1906
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Riverview
Middle School:
Pierre Moran
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Attention investors! Don't miss out on this great opportunity! This spacious duplex, conveniently located near downtown, is sure to bring you a solid income. The current owner resides in one unit and rents the other for $800 per month. Both units feature 2 bedrooms and 1 bathroom, with one unit on the main level and the other on the upper level. This property is in decent condition and offers an unfinished basement for all your storage needs. Schedule your private showing today!
Exterior Features

Exterior Wood Lot Description Level0-2.9999 Lot Dimensions 33X66 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1352 Above Grade Unfin Sq Ft 0 Amenities BasementCeiling FanOff Street ParkingStorageCable AvailablePorch CoveredWater Heater Gas Basement Foundation Unfinished Basement Material Block Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 676 Cooling None Dishwashers 0 Disposals 2 Dryers 1 Flooring CarpetCeramic TileVinyl Tile Heating Fuel GasForced AirWall Heater Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 676 Total Sq Ft 2028 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 1 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 2200 Annual Fuel Expense 1000 Annual Gross Rent 9600 Annual Insurance Expense 850 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 4120 Annual Property Tax 650 Annual Trash Expense 0 Annual Water Sewer Exp 780 Assessed Value 81700 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 800 Gross Monthly Rent 800 Lease Term Month to Month New Construction No One Bedrooms 1 Owner Pays Other Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays Other Three Bedrooms 0 Township Concord Two Bedrooms 1 Unit1 Unit Rent 800 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 0 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 1 Water Utility City Year Taxes Payable 2024

Listing provided by Jennea Schirr of McKinnies Realty, LLC Elkhart: Cell: 574-215-9291.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-13T00:28:23.423.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Jennea Schirr of McKinnies Realty, LLC Elkhart: Cell: 574-215-9291.