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Pending
    • Price cut: $5K (6/2)
    $179,900

    415 N 2nd St, Elkhart, IN 46516

    4beds
    2,182sqft
    : 
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    Quadruplex
    Built in 1908
    -- sqft lot
    $175,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated flooringKitchen improvements throughout
    Excellent investment opportunity with immediate cash flow and upside potential! This 4-unit property near downtown Elkhart offers strong rental income with many major improvements already completed. Updates include a new roof (2024), replacement windows (2023), updated flooring, kitchen improvements throughout, upgraded electrical service with separate meters, a furnace approximately 7 years old, and a water heater approximately 1 year old. Current rents are $635, $650, $585, and $685 per month, providing steady income with room for future growth. Conveniently located near downtown amenities, shopping, dining, and major employers, this property is a great addition to any investor’s portfolio. Don’t miss this opportunity to own a well-maintained multi-unit property with solid cash flow potential!
    122 days
    |
    167
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennea Schirr Cell:574-215-9291,

    McKinnies Realty, LLC Elkhart

    Source: IRMLS,MLS#: 202608130MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, Forced Air
      Cooling
      • None
      Features
      • Flooring: Vinyl
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,182
      • Total interior livable area: 2,182 sqft
      • Finished area above ground: 2,182
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 41X165
      • Features: 0-2.9999
      Details
      • Additional structures: None
      • Parcel number: 200605179018.000012

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Vinyl Siding
      • Foundation: Basement
      Condition
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Elkhart

      Financial & listing details

      • Tax assessed value: $135,600
      • Annual tax amount: $3,463
      • Date on market: 3/12/2026
      • Inclusions: Building, Land
      • Lease term: Negotiable
      • Total actual rent: 32040
      • Tenant pays: Electricity, Heating, Water

        Estimated market value

        $175,000

        $166,000 - $184,000

        $1,203/mo

        Price history

        DateEventPrice
        6/24/2026Pending sale$179,900
        Source: IRMLS #202608130 Report a problem
        6/2/2026Price change$179,900-2.7%
        Source: IRMLS #202608130 Report a problem
        5/7/2026Price change$184,900-2.6%
        Source: IRMLS #202608130 Report a problem
        4/14/2026Listing removed$650
        Source: Zillow Rentals Report a problem
        4/1/2026Price change$189,900-5%
        Source: IRMLS #202608130 Report a problem
        3/12/2026Listed for sale$199,900
        Source: IRMLS #202608130 Report a problem
        12/11/2025Price change$650+8.3%
        Source: Zillow Rentals Report a problem
        11/9/2025Price change$600+9.1%
        Source: Zillow Rentals Report a problem
        11/9/2025Price change$550-18.5%
        Source: Zillow Rentals Report a problem
        7/4/2025Price change$675+12.5%
        Source: Zillow Rentals Report a problem
        4/14/2025Price change$600-11.1%
        Source: Zillow Rentals Report a problem
        11/13/2024Price change$675+3.8%
        Source: Zillow Rentals Report a problem
        10/15/2024Price change$650-7.1%
        Source: Zillow Rentals Report a problem
        9/20/2024Price change$700-6.7%
        Source: Zillow Rentals Report a problem
        9/13/2024Price change$750-6.3%
        Source: Zillow Rentals Report a problem
        9/13/2024Listed for rent$800
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,264 +5.8%$135,600 +21.2%
        2024$2,140 +27.6%$111,900 +5.9%
        2023$1,676 +12.2%$105,700 +27.8%
        2022$1,494 -6.1%$82,700 +12.2%
        2021$1,591 +37.8%$73,700
        2020$1,155 +13.2%$73,700 -13.9%
        2019$1,020 -1.7%$85,600 +81.7%
        2018$1,037 +2%$47,100
        2017$1,017 $47,100
        2016$1,017 +1.3%$47,100
        2014$1,004 -16.2%$47,100 -21.4%
        2013$1,198 $59,900
        2012$1,198 -8%$59,900 -8%
        2011$1,302 +27.9%$65,100 +27.9%
        2010$1,018 -22.3%$50,900 -22.3%
        2009$1,310 $65,500
        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: Downtown

        Getting around

        69 / 100
        Somewhat Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Beardsley
        • Middle: Pierre Moran
        • High: Elkhart
        • District: Elkhart Community Schools

        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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