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Pending
    • $249,900

    412 E 4th St, Mishawaka, IN 46544

    2beds
    1,534sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $248,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Tucked into a convenient Mishawaka location, this unique property offers a rare chance to own three income-producing units on one lot. The front home features 2 bedrooms, 2 baths, while the duplex at the back includes a 1-bedroom unit and a 2-bedroom unit, plus a 2 car garage! All three units are currently rented, giving the next owner income right away without starting from scratch. Priced below the 1% rule, this property is a strong fit for investors looking to add steady cash flow, or for a future house hacker who wants flexibility down the road. With multiple units, an established rental setup, and a location that continues to draw tenant demand, this is a smart opportunity worth a closer look.
    48 days
    |
    210
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen DiJulius Cell:574-250-0893,

    St. Joseph Realty Group

    Source: IRMLS,MLS#: 202620119MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet
      • Basement: Full
      Interior area
      • Total structure area: 2,468
      • Total interior livable area: 1,534 sqft
      • Finished area above ground: 934
      • Finished area below ground: 600
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 51X132
      • Features: Level, 0-2.9999
      Details
      • Additional structures: None
      • Parcel number: 710915155017.000023

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Barbee
      Location
      • Region: Mishawaka

      Financial & listing details

      • Tax assessed value: $248,100
      • Annual tax amount: $5,144
      • Date on market: 5/27/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land
      • Lease term: 12 Months
      • Total actual rent: 30120
      • Tenant pays: Electricity, Heating

        Estimated market value

        $248,500

        $236,000 - $261,000

        $1,343/mo

        Price history

        DateEventPrice
        6/26/2026Pending sale$249,900
        Source: IRMLS #202620119 Report a problem
        6/22/2026Listed for sale$249,900
        Source: IRMLS #202620119 Report a problem
        6/8/2026Pending sale$249,900
        Source: IRMLS #202620119 Report a problem
        5/27/2026Listed for sale$249,900+127.2%
        Source: IRMLS #202620119 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/31/2018Listing removed$950$1/sqft
        Source: Owner Report a problem
        5/1/2018Sold$110,000-12.6%$72/sqft
        Source: Agent Provided Report a problem
        4/24/2018Listed for rent$950$1/sqft
        Source: Owner Report a problem
        3/9/2018Listed for sale$125,900$82/sqft
        Source: Berkshire Hathaway HomeServices Northern Indiana Real Estate #201731640 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,144 +54.8%$248,100 +12.8%
        2024$3,324 -2.1%$220,000 +55.4%
        2023$3,394 +9.6%$141,600 -2.1%
        2022$3,098 -21.5%$144,700 +10.1%
        2021$3,948 +3.6%$131,400 -21.3%
        2020$3,809 +16.8%$166,900 +4.1%
        2019$3,261 -5.8%$160,300 +46%
        2018$3,462 +4.7%$109,800 +1.6%
        2017$3,308 +10.1%$108,100
        2016$3,006 -8.5%$108,100 -11%
        2014$3,285 -3.7%$121,500
        2013$3,410 +67.3%$121,500 +13.6%
        2010$2,038 +3.8%$107,000
        2009$1,963 $107,000 +2.2%
        2007-- $104,700 +6%
        2006$1,445 +6%$98,800
        2004$1,363 -37%$98,800 -43.3%
        2003$2,165 $174,100 +1901.1%
        2001-- $8,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 46544

        Getting around

        79 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Emmons
        • Middle: John Young
        • High: Mishawaka
        • District: School City of Mishawaka

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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