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    1323 S 8Th St Goshen, IN 46528

    For Sale
    $399,000

    Fiveplex - Goshen, IN

    Property size:
    2,635 SF
    Lot size:
    0.18 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 1323 S 8Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    5
    APN
    20-11-15-308-007.000-015
    Parking features
    Off Street
    Exterior features
    Basement, Off Street Parking, Near Walking Trail, Attic-walk-up, Water Heater Electric, Water Heater Gas, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    2,635 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Natural Gas, Radiant

    Building Details

    Floors in Building
    2
    Number of units
    5
    Flooring type
    Carpet, Wood
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    One Realty, LLC (574) 538-9366 [email protected]

    Listing agent David Stump (574) 538-9366 License #RB14041822

    Listing date Nov 7, 2025

    MLS# 202545209 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

    Goshen Fiveplex Investment Opportunity

    This fully occupied five-unit investment property is located near downtown Goshen, Indiana. The two-story brick building is situated close to Goshen Hospital, Goshen College, biking and walking trails, schools, and shopping. The property provides both on-street and off-street parking options. Each unit has separate gas and electric meters. The owner is responsible for gas and electric expenses in the common areas, which are covered by rental income. The property is a multifamily residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Goshen
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.828215
    Latitude
    41.570116

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied five-unit investment property near downtown Goshen, Indiana.
    Where is this apartment building located?
    The property is located at 1323 S 8Th St Goshen, IN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Fully occupied 5-unit investment property.; - Prime location near downtown Goshen, Goshen Hospital, and Goshen College.; - All brick construction.
    (574) 538-9366
    Request Owner's contact information
    1323 S 8Th St Goshen, IN 46528
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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
    1323 S 8Th St Goshen, IN 46528
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