Four-Unit Property with Metal
For Sale
$174,900
Pending
1413 Prairie Street, Elkhart, IN 46516
INVESTMENT, Two Story, Elkhart, IN
Property Size3,448 SF
Lot Size0.18 Acres
Days on Market39
Property Features for 1413 Prairie Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 6
Basement
Block
Lot features
0-2.9999
Elementary school
Mary Beck
Middle school
North Side
High school
Elkhart
Elementary school district
Elkhart Community Schools
Middle school district
Elkhart Community Schools
High school district
Elkhart Community Schools
Directions
Indiana Ave to Prairie St
Subdivision
Elkhart County
Standard status
Pending
APN
20-06-08-284-019.000-012
Size
3,448 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
MATHERS SO EX 16 1/2FT S SIDE LOT 6
Legal Description
MATHERS SO EX 16 1/2FT S SIDE LOT 6
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Flooring type
Mixed
Roof type
Metal
Architectural style
Other
Listing Agency:
Myers Trust Real Estate
(574) 875-5149
Listed By:
Andrew Myers · License #RB14031728
(574) 320-1214
Added: Jul 28
Changed: Sep 2
Last Checked: Sep 4 at 12:06PM
MLS# 202630570
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 3,448-square-foot quadplex in Elkhart was built in 1920 and contains four residential units. The property includes six bedrooms, four bathrooms, mixed flooring, and a basement. One unit is currently rented, while two vacant units appear ready for occupancy; the remaining vacant unit may require minor repairs before being rented. The building has vinyl siding and a metal roof.
Situated on a 0.18-acre parcel at 1413 Prairie Street, the property is being offered in its existing condition. Separate gas and electric meters are provided for each unit. Buyers should independently verify operating expenses and evaluate the condition of the vacant units before proceeding.
Situated on a 0.18-acre parcel at 1413 Prairie Street, the property is being offered in its existing condition. Separate gas and electric meters are provided for each unit. Buyers should independently verify operating expenses and evaluate the condition of the vacant units before proceeding.
Key Highlights
- Four‑unit quadplex with 3,448 square feet on 0.18 acres
- One unit currently rented; two vacant units appear ready to rent
- Remaining vacant unit may require minor repairs before rental
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 46516, IN
33,670
Population
14,137
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
17.5 sq mi
ZIP Area
1,924
Density / Sq Mi
$54,934
Median Household Income
$39,189
Median Earnings
$986
Median Rent
$150,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Individual gas and electric meters serve each unit, with vinyl siding and a basement included in the property improvements.
Where is this quadplex located?
The property is located at 1413 Prairie Street Elkhart, IN.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Four‑unit quadplex with 3,448 square feet on 0.18 acres; One unit currently rented; two vacant units appear ready to rent; Remaining vacant unit may require minor repairs before rental
