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    Elkhart, IN Apartment Buildings for Sale

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    Holt, MI Dunlap, IN Osceola, IN
    Elkhart Multifamily Investment Opportunity
    $499,000
    10,290 SF

    Elkhart Multifamily Investment Opportunity

    701 W Beardsley Avenue, Elkhart, IN 46514

    12-unit property with income and value-add potential in Elkhart.

    • Strong in‑place income with significant upside potential, offering a pro forma gross annual income exceeding $80,000.
    • Value‑add opportunity with 2 vacant units ready for immediate improvement and occupancy.
    • Recent electrical improvements allow for future separation of utilities, potentially reducing expenses and increasing NOI.
    • Includes 9 leased units and 1 owner‑occupied unit.
    • Features a durable rubber roof and a pole barn.
    Updated: Apr 13
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    Elkhart Multifamily Investment Opportunity
    $499,000
    0.33 Acres

    Elkhart Multifamily Investment Opportunity

    701 W Beardsley Avenue, Elkhart, IN 46514

    12-unit property with income and value-add potential in Elkhart.

    • Strong in‑place income with significant upside potential, projecting over $80,000 gross annual income.
    • Value‑add opportunity with 2 vacant units ready for improvement and occupancy.
    • 9 currently leased units and 1 owner‑occupied unit provide immediate cash flow.
    • Recent electrical improvements allow for future utility separation, reducing expenses.
    • Durable rubber roof ensures long‑term protection and reduced maintenance.
    Updated: Apr 13
    View details
    Elkhart Mixed-Use Building For Sale
    $795,000
    0.18 Acres

    Elkhart Mixed-Use Building For Sale

    Mixed-use building with storefronts and apartments in Elkhart, Indiana.

    121 & 123 S Main Street, Elkhart, IN 46516
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    Elkhart Investment Opportunity For Sale
    $130,000
    2,502 SF

    Elkhart Investment Opportunity For Sale

    Well-maintained rental property with strong income potential in Elkhart, IN.

    301 W Jackson Boulevard, Elkhart, IN 46516
    View details
    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 4 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Warsaw Sixplex Investment Opportunity
    $360,000
    2,836 SF

    Warsaw Sixplex Investment Opportunity

    Six-unit brick investment property with recent updates and strong income potential.

    316 S Washington Street, Warsaw, IN 46580
    View details
    Spansail Court Apartments in Niles
    Contact for pricing
    2.61 Acres

    Spansail Court Apartments in Niles

    48-unit multifamily community in Niles, Michigan.

    2203 Spansail Dr, Niles, MI 49120
    View details
    Downtown Warsaw Corner Building
    $385,000
    0.07 Acres

    Downtown Warsaw Corner Building

    Corner building with retail and apartment in downtown Warsaw.

    123 W Center Street, Warsaw, IN 46580
    View details
    Spansail Court Apartments
    Contact for pricing
    39,225 SF

    Spansail Court Apartments

    48-unit multifamily community in Niles, Michigan.

    2209 Spansail Dr, Niles, MI 49120
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    Off-Market Properties in Elkhart, IN

    Consider similar Off-Market properties in Elkhart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    208 State St
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,204 SF Lot: 0.39 Acres
    Value Estimation by Request

    208 State St, Elkhart, IN 46516-0012

    View details
    1624 Windsong Dr, Unit 27
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 1.03 Acres
    Value Estimation by Request
    Unit 27

    1624 Windsong Dr, Elkhart, IN 46514-4190

    View details
    1626 Windsong Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.31 Acres
    Value Estimation by Request

    1626 Windsong Dr, Elkhart, IN 46514-4192

    View details
    100 Michigan St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,970 SF Lot: 0.24 Acres
    Value Estimation by Request

    100 Michigan St, Elkhart, IN 46514-2567

    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,827 SF Lot: 0.27 Acres
    Value Estimation by Request

    465 Simpson Ave, Elkhart, IN 46516-4754

    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,070 SF Lot: 0.23 Acres
    Value Estimation by Request

    465 Simpson Ave, Elkhart, IN 46516-4754

    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,070 SF Lot: 0.32 Acres
    Value Estimation by Request

    465 Simpson Ave, Elkhart, IN 46516-4754

    View details
    214 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    11,325 SF Lot: 0.09 Acres
    Value Estimation by Request

    214 Main St, Elkhart, IN 46516-3172

    View details
    30082 Tower Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,400 SF Lot: 0.29 Acres
    Value Estimation by Request

    30082 Tower Rd, Elkhart, IN 46516-7006

    View details
    3803 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,048 SF Lot: 1.23 Acres
    Value Estimation by Request

    3803 Main St, Elkhart, IN 46517-3510

    View details
    2006 Raintree Dr, Unit 8
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.70 Acres
    Value Estimation by Request
    Unit 8

    2006 Raintree Dr, Elkhart, IN 46514-4185

    View details
    2002 Raintree Dr, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.70 Acres
    Value Estimation by Request
    Unit 4

    2002 Raintree Dr, Elkhart, IN 46514-4183

    View details
    213 Sycamore St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,116 SF Lot: 0.09 Acres
    Value Estimation by Request

    213 Sycamore St, Elkhart, IN 46516

    View details
    636 Moody Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,688 SF Lot: 3.71 Acres
    Value Estimation by Request

    636 Moody Ave, Elkhart, IN 46516-2958

    View details
    113 State St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,472 SF Lot: 0.05 Acres
    Value Estimation by Request

    113 State St, Elkhart, IN 46516-3626

    View details
    2305 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,024 SF Lot: 0.30 Acres
    Value Estimation by Request

    2305 Main St, Elkhart, IN 46517-4700

    View details
    116 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,440 SF Lot: 0.05 Acres
    Value Estimation by Request

    116 Main St, Elkhart, IN 46516-3122

    View details
    1629 Windsong Dr, Unit 31
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.49 Acres
    Value Estimation by Request
    Unit 31

    1629 Windsong Dr, Elkhart, IN 46514-4194

    View details
    2007 Raintree Dr, Unit 9
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.74 Acres
    Value Estimation by Request
    Unit 9

    2007 Raintree Dr, Elkhart, IN 46514-4176

    View details
    1916 Raintree Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 0.44 Acres
    Value Estimation by Request

    1916 Raintree Dr, Elkhart, IN 46514-4100

    View details

    Elkhart, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 39 apartment buildings for sale in Elkhart, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,792 square feet of properties for sale, with an estimated market value of $629,000.

    Sale prices for two-family homes in Elkhart, IN start at $130,000, averaging $314,500, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

    Demographics Overview

    Population 99K
    Population Growth (5Y) -0.8%
    Median Household Income $57,378
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

    Identify Elkhart submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46516 $462.5K
    46514 $499K

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $42.55 per sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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