701 W Beardsley Avenue Elkhart, IN 46514

PRICED AT $499,000

Listing Details

  • $499,000
  • MLS# 202613609
  • Type Multi Unit - Multiple
  • Status Active
  • 16 Bedrooms
  • 12 full Bathrooms
  • 10,290 Square Feet
  • 0.320 acres Lot Size
  • 1900 Year Built
  • Elkhart Community Schools Local Schools

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...read more

Features

  • Window
  • Gas, Forced Air, Multiple Heating Systems
  • 2.0 Stories
  • City
  • Built in 1900
View All Features

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 3:31:56 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. 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. Data is deemed reliable but is not guaranteed accurate by the MLS
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Above Grade Finished SQFT: 10290
  • Amenities: Basement, Off Street Parking
  • Basement: Full Basement, Outside Entrance
  • Basement: Yes
  • Cooling: Window
  • Days on CressyEverett.com: 4
  • Exterior: Brick
  • Heating: Gas, Forced Air, Multiple Heating Systems
  • Home Style: Apartment Building
  • Location: City/Town/Suburb
  • Lot Description: 0-2.9999
  • Lot Dimensions: .32 acre
  • Lot Size: 0.32 Acres
  • Owner Pays: Building Insurance, Electric, Heating, Maintenance, Sewer, Water
  • Sale Inclusions: Building, Land
  • Sewer: City
  • Stories: 2.0
  • Total Finished SQFT: 10290
  • Units: 12
  • Water: City
  • Year Built: 1900