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    • $165,000

    415 N 2nd St, Elkhart, IN 46516

    4beds
    2,182sqft
    Quadruplex
    Built in 1908
    -- sqft lot
    $165,100 Zestimate®
    $--/sqft
    $1,106 Estimated rent

    Home value

    $165,100

    $152,000 - $180,000

    $1,106/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennea Schirr Cell:574-215-9291,

    McKinnies Realty, LLC Elkhart

    Bought with:

    Virginia Montero-Smith, RB14044478

    RE/MAX 100

    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

    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

    Price history

    DateEventPrice
    7/24/2026Sold$165,000-8.3%
    Source: IRMLS #202608130 Report a problem
    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

    Neighborhood: Downtown

    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.

    Sell for more on Zillow
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    $165,100
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    +$3,302
    With Zillow Showcase(estimated)
    $168,402
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $165,100
    2% more
    +$3,302
    With Zillow Showcase(estimated)
    $168,402

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