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    1041 Cassopolis St Elkhart, IN 46514

    For Sale
    $169,900

    Triplex - Elkhart, IN

    Type:Triplex
    Property size:
    1,944 SF
    Lot size:
    0.25 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1041 Cassopolis St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    20-02-32-456-016.000-027
    Parking features
    Off Street
    EntryLevel
    Upper,Main
    Exterior features
    Other-see Remarks, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    1,944 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Other
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    See Remarks

    RE/MAX Results (260) 490-1590 [email protected]

    Listing agent Steve Miller (260) 490-1590 License #RB14020487

    Listing date Sep 29, 2025

    MLS# 202526171 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkhart, IN Triplex Investment

    This triplex is located in Elkhart, Indiana. The property is positioned on a 0.25-acre lot and offers off-street parking. The building has a total area of 1944 square feet. The property is a short walk to downtown and presents an opportunity for rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.972113
    Latitude
    41.696763

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    FAQs

    What type of property is this?
    Triplex - Turnkey triplex with income potential, close to downtown Elkhart.
    Where is this triplex located?
    The property is located at 1041 Cassopolis St Elkhart, IN.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Turnkey Investment with Strong Income Potential; - Triplex Offering Steady Rental Income; - Large Lot with Ample Off-Street Parking
    (260) 490-1590
    Request Owner's contact information
    1041 Cassopolis St Elkhart, IN 46514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1041 Cassopolis St Elkhart, IN 46514
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