3-Unit Triplex with Tenant
New
For Sale
$199,900
1051 Middlebury Street, Elkhart, IN 46516
Separate gas and electric meters serve a three-unit property with on-site parking and a mix of heating and cooling systems.
Property Size3,630 SF
Price / SF$55.07
Days on Market6
Property Features for 1051 Middlebury Street
General Information
Standard status
Active
Size
3,630 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Building Details
Year Built
1905
Listing Agency:
Jessica Jordan, Rochester Realty, LLC
Listed By:
Patton Hall
(574) 267-7501
Source:
Pattonhall
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Jordan, Rochester Realty, LLC
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Investment Insights
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This 3,630-square-foot triplex, built in 1905, contains three apartments. The first-floor unit has two bedrooms, one bathroom, a basement, central air and heat, and laundry. A second-floor apartment offers two bedrooms and one bathroom, with central heat and window air conditioning. The third-floor unit has one bedroom, one bathroom, electric baseboard heat, and window air conditioning.
Gas and electric service are separately metered; water and sewer are not. The property also has on-site parking and storage for tenants. Plumbing and electrical systems have received updates, the roof was replaced in 2016, and some windows have been replaced with vinyl units.
Gas and electric service are separately metered; water and sewer are not. The property also has on-site parking and storage for tenants. Plumbing and electrical systems have received updates, the roof was replaced in 2016, and some windows have been replaced with vinyl units.
Key Highlights
- Three apartments totaling 3,630 square feet
- First‑floor unit has 2 bedrooms, 1 bathroom, a basement, and laundry
- Second‑floor unit has 2 bedrooms and 1 bathroom; third‑floor unit has 1 bedroom and 1 bathroom
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Separate gas and electric meters serve a three-unit property with on-site parking and a mix of heating and cooling systems.
Where is this triplex located?
The property is located at 1051 Middlebury Street Elkhart, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three apartments totaling 3,630 square feet; First‑floor unit has 2 bedrooms, 1 bathroom, a basement, and laundry; Second‑floor unit has 2 bedrooms and 1 bathroom; third‑floor unit has 1 bedroom and 1 bathroom
