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    Elkhart, IN Apartment Buildings for Sale

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    Mixed-Use Building with Apartments
    Updated: Mar 23
    Mixed-Use Building with Apartments

    121 & 123 S Main Street, Elkhart, IN 46516

    $795,000
    0.18 AC lot
    Six apartments located above the commercial portion
    First floor divided into 2 commercial units with retail windows and high ceilings
    Two lofts and a balcony included in the main‑floor configuration
    Flat roof replaced in 2024
    Built in 1888 on 0.18 acres
    View details
    Mixed-Use Building with Storefronts
    Updated: Oct 29, 2025
    Mixed-Use Building with Storefronts

    121 & 123 S Main Street, Elkhart, IN 46516

    $795,000
    2 Main St storefront units plus 6 apartments above for a multi‑tenant layout
    Main floor offers retail/office flexibility with retail windows and high ceilings
    2 main floor units include 2 lofts and a balcony
    New roof completed in 2024
    On‑street parking and multiple public parking lots within walking distance
    View details
    See what stands out in Elkhart County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 2 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

    Opportunities in Nearby Cities

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

    One-Story Apartment Buildings
    One-Story Apartment Buildings

    210/218 S Silverwood Lane, Goshen, IN 46526

    $795,000
    6,608 sqft 0.71 AC lot

    Eight main-level apartments with central air, private parking, and in-unit appliances provided to tenants.

    View details
    Two-Building Apartment Community
    Two-Building Apartment Community

    210 /218 S Silverwood Ln, Goshen, IN 46526

    $795,000
    6,608 sqft

    Multifamily property with private parking, tenant-provided appliances, and recent HVAC updates.

    View details
    Furnished Student Housing Townhomes
    Furnished Student Housing Townhomes

    18088 Legacy Village Court, South Bend, IN 46637

    Contact for pricing
    44,800 sqft

    Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.

    View details
    66-Unit Student Housing Property
    66-Unit Student Housing Property

    1106 S 20TH ST, South Bend, IN 46615

    Contact for pricing
    58,544 sqft

    Multifamily student housing with 66 units and 133 beds, supported by extensive recent capital improvements and upgrades.

    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)

    208 State St, Elkhart, IN 46516-0012

    $245,000
    Estimated value
    8,204 sqft 0.39 AC lot
    View details
    1624 Windsong Dr, Unit 27
    APARTMENT HOUSE (UNDER 5 UNITS)

    1624 Windsong Dr, Elkhart, IN 46514-4190

    Unit 27
    $270,000
    Estimated value
    4,512 sqft 1.03 AC lot
    View details
    1626 Windsong Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    1626 Windsong Dr, Elkhart, IN 46514-4192

    $250,000
    Estimated value
    4,512 sqft 0.31 AC lot
    View details
    100 Michigan St
    APARTMENT HOUSE (UNDER 5 UNITS)

    100 Michigan St, Elkhart, IN 46514-2567

    $250,000
    Estimated value
    5,970 sqft 0.24 AC lot
    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    465 Simpson Ave, Elkhart, IN 46516-4754

    $245,000
    Estimated value
    3,827 sqft 0.27 AC lot
    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    465 Simpson Ave, Elkhart, IN 46516-4754

    $255,000
    Estimated value
    4,070 sqft 0.23 AC lot
    View details
    465 Simpson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    465 Simpson Ave, Elkhart, IN 46516-4754

    $250,000
    Estimated value
    4,070 sqft 0.32 AC lot
    View details
    214 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    214 Main St, Elkhart, IN 46516-3172

    $285,000
    Estimated value
    11,325 sqft 0.09 AC lot
    View details
    30082 Tower Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    30082 Tower Rd, Elkhart, IN 46516-7006

    $130,000
    Estimated value
    2,400 sqft 0.29 AC lot
    View details
    3803 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    3803 Main St, Elkhart, IN 46517-3510

    $235,000
    Estimated value
    4,048 sqft 1.23 AC lot
    View details
    2006 Raintree Dr, Unit 8
    APARTMENT HOUSE (UNDER 5 UNITS)

    2006 Raintree Dr, Elkhart, IN 46514-4185

    Unit 8
    $275,000
    Estimated value
    4,512 sqft 0.70 AC lot
    View details
    2002 Raintree Dr, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)

    2002 Raintree Dr, Elkhart, IN 46514-4183

    Unit 4
    $275,000
    Estimated value
    4,512 sqft 0.70 AC lot
    View details
    213 Sycamore St
    APARTMENT HOUSE (UNDER 5 UNITS)

    213 Sycamore St, Elkhart, IN 46516

    $90,000
    Estimated value
    4,116 sqft 0.09 AC lot
    View details
    636 Moody Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    636 Moody Ave, Elkhart, IN 46516-2958

    $260,000
    Estimated value
    2,688 sqft 3.71 AC lot
    View details
    113 State St
    APARTMENT HOUSE (UNDER 5 UNITS)

    113 State St, Elkhart, IN 46516-3626

    $135,000
    Estimated value
    5,472 sqft 0.05 AC lot
    View details
    2305 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2305 Main St, Elkhart, IN 46517-4700

    $235,000
    Estimated value
    3,024 sqft 0.30 AC lot
    View details
    116 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    116 Main St, Elkhart, IN 46516-3122

    $250,000
    Estimated value
    6,440 sqft 0.05 AC lot
    View details
    1629 Windsong Dr, Unit 31
    APARTMENT HOUSE (UNDER 5 UNITS)

    1629 Windsong Dr, Elkhart, IN 46514-4194

    Unit 31
    $275,000
    Estimated value
    4,512 sqft 0.49 AC lot
    View details
    2007 Raintree Dr, Unit 9
    APARTMENT HOUSE (UNDER 5 UNITS)

    2007 Raintree Dr, Elkhart, IN 46514-4176

    Unit 9
    $275,000
    Estimated value
    4,512 sqft 0.74 AC lot
    View details
    1916 Raintree Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    1916 Raintree Dr, Elkhart, IN 46514-4100

    $260,000
    Estimated value
    4,512 sqft 0.44 AC lot
    View details
    2011 Raintree Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2011 Raintree Dr, Elkhart, IN 46514-4178

    $275,000
    Estimated value
    4,512 sqft 0.74 AC lot
    View details
    2017 Raintree Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2017 Raintree Dr, Elkhart, IN 46514-4182

    $260,000
    Estimated value
    4,512 sqft 0.21 AC lot
    View details

    Elkhart, IN Apartment Buildings Market Trends and Statistics

    Explore 37 apartment buildings for sale in Elkhart, IN on our real estate platform.

    Sale prices for two-family homes in Elkhart, IN average $795,000 — 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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    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 average listing prices of real estate assets

    Neighborhood Average Price
    46516 $795K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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    • 46516

    Featured Elkhart Real Estate Agencies

    Realmo connects you with licensed Elkhart CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Myers Trust Real Estate
    23929 US Hwy 33 Elkhart, IN 46517
    Phone: 15748755149
    www.myerstrust.com

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