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    1508 S 8Th St Goshen, IN 46526

    For Sale
    $250,000

    Triplex - Goshen, IN

    Type:Triplex
    Property size:
    3,234 SF
    Lot size:
    0.15 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1508 S 8Th 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, Bedroom 5, Laundry
    Bedrooms
    5
    Bathrooms
    3
    APN
    20-11-15-354-004.000-015
    EntryLevel
    Lower,Main,Upper
    Exterior features
    Ceiling Fan, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    3,234 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Wood
    Building materials
    Stucco
    Architectural style
    Other

    Model Real Estate LLC (574) 971-5645

    Listing agent Dallan Troyer (574) 971-5645 License #RB14038865

    Listing date Oct 16, 2025

    MLS# 202531416 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

    Well-Maintained Triplex in Goshen, IN

    This well-maintained triplex is located in a picturesque neighborhood on the south side of Goshen, Indiana, near Goshen College, the hospital, and park trails. The property features three units and a detached garage, along with off-street parking. Current leases are in effect through September 2026, and the units have a history of being easily filled. The upper unit includes two bedrooms and a rooftop deck. The main floor unit can function as either a one- or two-bedroom apartment and has an eat-in kitchen. The basement apartment was completely refurbished in the summer of 2025. Tenants are responsible for paying their own electric bills, and the upstairs tenant also pays for their own heat. The property has a total size of 3234 square feet and is situated on a 0.15-acre lot. An option exists to rejoin the first and second floors, creating a 3-4 bedroom, 2-bath home.
    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
    Goshen
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.827528
    Latitude
    41.568592

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near Goshen College, hospital, and park trails.
    Where is this triplex located?
    The property is located at 1508 S 8Th St Goshen, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Multi-unit property with existing leases through September 2026, providing immediate rental income.; - Proven rental history with ease of filling vacancies.; - Upper unit features 2 bedrooms and a desirable rooftop deck.
    (574) 971-5645
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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
    1508 S 8Th St Goshen, IN 46526
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