415 N 2nd Street, Elkhart, IN 46516

• 4 beds |
• 4 baths |
• 2,182 sqft

Property Description

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!

Listing Status:

Pending

Date Added:

March 11, 2026

Data Last Updated:

July 7, 2026 at 12:58AM

Listing Office:

McKinnies Realty, LLC Elkhart : 574-271-3440

Listing Agent:

Jennea Schirr : 574-215-9291

MLS ID:

202608130

Interior

• Basement: Unfinished
• Flooring: Vinyl
• A/C: None
• Heating: Forced AirGas

Exterior

• General: Vinyl
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 4

Location

• School District: Elkhart Community Schools

Lot

• Zoning: BEARDS 1ST N 1/2 LOT 10720-06-05-179-018.000-012