Great opportunity for investors looking for a multi-unit to add to their portfolio. This 4-unit property features two tenant-occupied units generating income, plus two vacant units—perfect for immediate leasing. With recent updates including fresh paint and luxury vinyl plank flooring throughout, the interiors are clean, modern, and easy to maintain. While the building isn't fully rented, it offers solid income with room for growth. This is a great chance to get into a multifamily asset with built-in equity potential. Agents please read agent remarks.
Closed
$95,000
607 W Marion St, Elkhart, IN 46516
4beds
2,028sqft
Quadruplex
Built in 1900
-- sqft lot
$97,400 Zestimate®
$--/sqft
$852 Estimated rent
Home value
$97,400
$85,000 - $111,000
$852/mo
Zestimate® history
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$465/mo
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Zillow last checked:
Listing updated:
Listed by:
Michelle Bordeau Cell:574-339-8199,
SUNRISE Realty
Bought with:
Michelle Bordeau, RB20001750
SUNRISE Realty
Source: IRMLS,MLS#: 202515113
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Vinyl
- Basement: Partially Finished
Interior area
- Total structure area: 2,476
- Total interior livable area: 2,028 sqft
- Finished area above ground: 2,028
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 6,969 Square Feet
- Dimensions: 43x165
- Features: Level
Details
- Additional structures: None
- Parcel number: 200608126020.000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $109,400
- Annual tax amount: $1,662
- Date on market: 4/29/2025
- Inclusions: Building, Lease
- Lease term: 12 Months
- Total actual rent: 29328
- Tenant pays: Electricity, Heating
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $95,000-5% |
Source:  IRMLS #202515113 Report a problem | ||
| 1/12/2026 | Pending sale | $100,000 |
Source: IRMLS #202515113 Report a problem | ||
| 12/19/2025 | Price change | $100,000-28.8% |
Source: IRMLS #202515113 Report a problem | ||
| 10/1/2025 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 8/30/2025 | Price change | $140,500-4.7% |
Source: IRMLS #202515113 Report a problem | ||
| 4/29/2025 | Listed for sale | $147,500+137.9% |
Source: IRMLS #202515113 Report a problem | ||
| 4/14/2025 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 4/18/2019 | Sold | $62,000-3.1%$31/sqft |
Source: Agent Provided Report a problem | ||
| 1/11/2019 | Listed for sale | $64,000+234.6%$32/sqft |
Source: RE/MAX Oak Crest - Elkhart #201901280 Report a problem | ||
| 9/24/2008 | Sold | $19,125$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,746 +5.9% | $109,400 +26.8% |
| 2024 | $1,648 +8.7% | $86,300 +6% |
| 2023 | $1,516 +13.1% | $81,400 +8.8% |
| 2022 | $1,340 +1.8% | $74,800 +13.2% |
| 2021 | $1,317 +9.4% | $66,100 +8.4% |
| 2020 | $1,204 +8.2% | $61,000 +8.9% |
| 2019 | $1,113 +5.7% | $56,000 +8.9% |
| 2018 | $1,053 +6% | $51,400 +7.5% |
| 2017 | $993 | $47,800 +4.1% |
| 2016 | $993 -0.3% | $45,900 -1.7% |
| 2014 | $996 -16.8% | $46,700 -21.9% |
| 2013 | $1,196 -0.2% | $59,800 -0.2% |
| 2012 | $1,198 +17.2% | $59,900 +17.2% |
| 2011 | $1,022 +11.3% | $51,100 +11.3% |
| 2010 | $918 -13.1% | $45,900 -13.1% |
| 2009 | $1,056 -46.1% | $52,800 -30.4% |
| 2007 | $1,960 +13.7% | $75,900 +4.8% |
| 2006 | $1,725 +4.6% | $72,400 |
| 2005 | $1,650 +0.6% | $72,400 |
| 2004 | $1,640 +9.7% | $72,400 |
| 2003 | $1,496 +203.3% | $72,400 +285.1% |
| 2002 | $493 +3.4% | $18,800 +201.3% |
| 2001 | $477 | $6,240 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 3/10Daly Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 2/10North Side Middle SchoolGrades: 7-8Distance: 1.5 mi
- 2/10Elkhart High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Mary Daly
- Middle: West Side
- 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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- Indiana
- Elkhart County
- Elkhart
- 46516
- Downtown
- 607 W Marion St
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