Prime Duplex Investment in West Goshen! This well-maintained two-story duplex offers excellent cash flow and a prime location near shopping, dining, and entertainment. Convenient access to US-33 and SR-119 makes commuting easy. Both units feature recent updates and are currently leased with several months remaining, providing immediate rental income. Don’t miss this fantastic investment opportunity!
Closed
$150,000
505 Dewey Ave, Goshen, IN 46526
4beds
1,844sqft
Duplex
Built in 1900
-- sqft lot
$161,000 Zestimate®
$--/sqft
$1,009 Estimated rent
Home value
$161,000
$140,000 - $185,000
$1,009/mo
Zestimate® history
Owner options
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$976/mo
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Zillow last checked:
Listing updated:
Listed by:
Nicolas Wyse Office:574-533-9581,
RE/MAX Results
Bought with:
Abel Garcia, RB21002733
RE/MAX Results
Source: IRMLS,MLS#: 202509318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,868
- Total interior livable area: 1,844 sqft
- Finished area above ground: 1,844
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 0.31 Acres
- Dimensions: 51 x 208
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 201108478012.000015
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Goshen
Financial & listing details
- Tax assessed value: $132,600
- Annual tax amount: $2,699
- Date on market: 3/21/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 20280
- Tenant pays: Electricity, Fuel, Sewer, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2025 | Sold | $150,000-6.2% |
Source:  IRMLS #202509318 Report a problem | ||
| 4/5/2025 | Pending sale | $159,900 |
Source: IRMLS #202509318 Report a problem | ||
| 3/21/2025 | Listed for sale | $159,900-5.9% |
Source: IRMLS #202509318 Report a problem | ||
| 10/25/2024 | Listing removed | $169,900 |
Source: IRMLS #202430090 Report a problem | ||
| 8/19/2024 | Price change | $169,900-5.6% |
Source: IRMLS #202430090 Report a problem | ||
| 8/9/2024 | Listed for sale | $179,900+43.9% |
Source: IRMLS #202430090 Report a problem | ||
| 4/10/2020 | Sold | $125,000+12.7%$68/sqft |
Source: Berkshire Hathaway HomeServices Northern Indiana Real Estate Solds #202007797_46526 Report a problem | ||
| 3/3/2020 | Listed for sale | $110,900+58.7%$60/sqft |
Source: Berkshire Hathaway HomeServices Goshen #202007797 Report a problem | ||
| 9/24/2019 | Listing removed | $700 |
Source: Owner Report a problem | ||
| 9/4/2019 | Listed for rent | $700-6.7% |
Source: Owner Report a problem | ||
| 9/25/2018 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 9/19/2018 | Listed for rent | $750+15.4% |
Source: Owner Report a problem | ||
| 5/18/2018 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 5/9/2018 | Listed for rent | $650 |
Source: Owner Report a problem | ||
| 12/16/2014 | Listing removed | $69,900$38/sqft |
Source: Berkshire Hathaway HomeService #201428892 Report a problem | ||
| 7/10/2014 | Listed for sale | $69,900$38/sqft |
Source: Berkshire Hathaway HomeServices Northern Indiana Real Estate #201428892 Report a problem | ||
| 9/22/2012 | Listing removed | $69,900$38/sqft |
Source: RE/MAX Results #9933434 Report a problem | ||
| 3/25/2012 | Listed for sale | $69,900-4.8%$38/sqft |
Source: RE/MAX Results #9933434 Report a problem | ||
| 5/2/2011 | Listing removed | $73,400$40/sqft |
Source: RE/MAX Results #9921424 Report a problem | ||
| 10/21/2010 | Price change | $73,400-0.7%$40/sqft |
Source: RE/MAX Results #9921424 Report a problem | ||
| 7/25/2010 | Price change | $73,900-1.3%$40/sqft |
Source: RE/MAX Results #9921424 Report a problem | ||
| 1/16/2010 | Listed for sale | $74,900$41/sqft |
Source: RE/MAX Results #9921424 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,080 +17.1% | $132,600 -36.9% |
| 2024 | $2,631 -2% | $210,200 +102.9% |
| 2023 | $2,684 +22.6% | $103,600 -2% |
| 2022 | $2,190 -11.2% | $105,700 +15% |
| 2021 | $2,465 +10.7% | $91,900 |
| 2020 | $2,227 +5.5% | $91,900 +1.8% |
| 2019 | $2,110 +72.1% | $90,300 -1.6% |
| 2018 | $1,226 -0.8% | $91,800 +54% |
| 2017 | $1,236 | $59,600 |
| 2016 | $1,236 +6.4% | $59,600 +5.7% |
| 2014 | $1,162 +3% | $56,400 |
| 2013 | $1,128 +0.2% | $56,400 +0.2% |
| 2012 | $1,126 +6.8% | $56,300 +6.8% |
| 2011 | $1,054 -36.8% | $52,700 -36.8% |
| 2010 | $1,668 +33.7% | $83,400 +33.7% |
| 2009 | $1,248 -48% | $62,400 -33% |
| 2007 | $2,400 +32.1% | $93,200 +24.8% |
| 2006 | $1,816 -3.4% | $74,700 |
| 2005 | $1,879 +7.6% | $74,700 |
| 2004 | $1,746 +1.6% | $74,700 -9.5% |
| 2003 | $1,719 +103.8% | $82,500 +196.8% |
| 2002 | $843 +3% | $27,800 +199.9% |
| 2001 | $819 | $9,270 |
Find assessor info on the county website
Neighborhood: West Goshen
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Nearby schools
GreatSchools rating
- 4/10West Goshen Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 6/10Goshen Middle SchoolGrades: 7-8Distance: 0.8 mi
- 3/10Goshen High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: West Goshen
- Middle: Goshen
- High: Goshen
- District: Goshen 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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- Indiana
- Elkhart County
- Goshen
- 46526
- West Goshen
- 505 Dewey Ave
Nearby cities
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