1433 W Franklin Street Elkhart, IN 46516

PRICED AT $250,000

Listing Details

  • $250,000
  • MLS# 202606198
  • Type Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • 4 full 1 partial Bathrooms
  • 2,904 Square Feet
  • 0.180 acres Lot Size
  • 1910 Year Built
  • Elkhart Community Schools Local Schools

Description

Turnkey investment opportunity with built-in cash flow! This well-maintained fourplex offers three occupied units with reliable long-term tenants already in place who would like to stay, minimizing vacancy risk and providing immediate income stability. Unit A includes valuable basement access with newer mechanicals and offers additional storage and added tenant convenience. Unit B, located on the upper level, has been refreshed with newer flooring, windows, and paint. Unit C features an attached garage, a highly desirable amenity that increases rental value. Studio Apartment D has been recently painted, providing a move-in-ready space. A...read more

Features

  • None
  • Gas, Forced Air
  • 1.5 Stories
  • City
  • Built in 1910
View All Features

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 4:28:43 AM EST) or MichRic (Michigan Regional Information Center) (last updated Fri 03/13/2026 11:17:36 PM EST) or NIRA MLS (last updated Fri 03/13/2026 11:05:46 PM EST) or IRMLS (last updated Fri 03/13/2026 11:09:36 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS
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Agency License Information: Cressy & Everett Real Estate is licensed in the states of Indiana and Michigan.


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All Property Features

  • Property Type: Multi Unit - Multiple
  • Above Grade Finished SQFT: 2904
  • Amenities: Detector-Carbon Monoxide, Detector-Smoke
  • Basement: Unfinished
  • Cooling: None
  • Days on CressyEverett.com: 15
  • Exterior: Vinyl
  • Heating: Gas, Forced Air
  • Home Style: Fourplex
  • Lot Description: Level
  • Lot Dimensions: 58 x 132
  • Lot Size: 0.18 Acres
  • Owner Pays: Building Insurance, Electric, Fuel, Sewer, Tax, Trash Collection, Water
  • Sale Inclusions: Building
  • Sewer: City
  • Stories: 1.5
  • Total Finished SQFT: 2904
  • Units: 4
  • Water: City
  • Year Built: 1910