Great opportunity for investors looking for a multi-unit to add to their portfolio. This 4-unit property features three tenant-occupied units generating income, plus one vacant unit—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.
Active
$147,500
607 W Marion St, Elkhart, IN 46516
4beds
2,028sqft
Est.:
Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Tenant-occupied unitsRecent updatesFresh paint
- 97 days
- on Zillow |
- 305 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 04:45pm
Listed by:
Michelle Bordeau Cell:574-339-8199,
SUNRISE Realty
Source: IRMLS,MLS#: 202515113

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 6,969.6 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: $86,300
- 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
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