Looking for an affordable 3 unit? Stop right here! This close to town rental was renovated before these 3 tenants moved in (see pics). A new furnace was also installed this year. This would be a great way to start or add to your portfolio.
Active
$209,900
616 N Michigan St, Elkhart, IN 46514
4beds
1,502sqft
Triplex
Built in 1902
-- sqft lot
$153,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days |
- 392 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Terrie L Forrest Cell:574-320-7777,
McKinnies Realty, LLC Elkhart
Source: IRMLS,MLS#: 202627998
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Laminate
- Basement: Michigan Basement,Outside Entrance Only,Partial,Unfinished
Interior area
- Total structure area: 2,129
- Total interior livable area: 1,502 sqft
- Finished area above ground: 1,502
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Gravel, Off Street, Off Street Parking, Dirt
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 8,712 Square Feet
- Dimensions: 67X132
- Features: Level, City/Town/Suburb
Details
- Additional structures: Second Garage
- Parcel number: 200606285008.000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1902
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Elkhart
Financial & listing details
- Tax assessed value: $113,600
- Annual tax amount: $2,309
- Date on market: 7/13/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Lease
- Lease term: 12 Months
- Total actual rent: 32100
- Tenant pays: None
Estimated market value
$153,900
$129,000 - $179,000
$1,483/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $209,900+117% |
Source:  IRMLS #202627998 Report a problem | ||
| 3/3/2023 | Sold | $96,750-7.9% |
Source: IRMLS #202302548 Report a problem | ||
| 2/17/2023 | Pending sale | $105,000 |
Source: IRMLS #202302548 Report a problem | ||
| 2/16/2023 | Price change | $105,000-4.5% |
Source: IRMLS #202302548 Report a problem | ||
| 2/5/2023 | Price change | $109,900-8.3% |
Source: IRMLS #202302548 Report a problem | ||
| 1/30/2023 | Listed for sale | $119,900+200.5% |
Source: IRMLS #202302548 Report a problem | ||
| 1/24/2017 | Listing removed | $39,900$27/sqft |
Source: RE/MAX Results-Goshen #201653575 Report a problem | ||
| 12/1/2016 | Listed for sale | $39,900+6.4%$27/sqft |
Source: RE/MAX Results-Goshen #201653575 Report a problem | ||
| 11/23/2015 | Sold | --0 |
Source: Agent Provided Report a problem | ||
| 7/29/2015 | Listed for sale | $37,500+145.1%$25/sqft |
Source: Assurance Property Management & Realty Inc #201535883 Report a problem | ||
| 7/14/2011 | Sold | $15,300$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,067 +5.7% | $113,600 +11.2% |
| 2024 | $1,956 +7.1% | $102,200 +5.8% |
| 2023 | $1,826 +11.5% | $96,600 +7.2% |
| 2022 | $1,638 -0.6% | $90,100 +11.5% |
| 2021 | $1,648 +7.6% | $80,800 +5.9% |
| 2020 | $1,531 +2.2% | $76,300 +7.2% |
| 2019 | $1,498 +71.3% | $71,200 +2.9% |
| 2018 | $875 -10% | $69,200 +74.7% |
| 2017 | $971 | $39,600 |
| 2016 | $971 +0.6% | $39,600 -12.6% |
| 2014 | $966 +6.4% | $45,300 -0.2% |
| 2013 | $908 | $45,400 -39.6% |
| 2012 | $908 -24.7% | $75,200 +24.7% |
| 2011 | $1,206 -8.1% | $60,300 -8.1% |
| 2010 | $1,312 +156.2% | $65,600 |
| 2009 | $512 | $65,600 |
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.Climate risks
Neighborhood: Riverside
Nearby schools
GreatSchools rating
- 3/10Daly Elementary SchoolGrades: PK-6Distance: 1 mi
- 5/10West Side Middle SchoolGrades: 7-8Distance: 1.2 mi
- 2/10Elkhart High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Mary Beck
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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