Three-Unit Multifamily
1051 Middlebury Street, Elkhart, IN 46516
For Sale
New
$199,900
Three residences offer varied layouts, on-site parking, and dedicated tenant storage.
Property Size3,330 SF
Price / SF$60.03
Days on Market2
Property Features for 1051 Middlebury Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Tenant in Place
Amenities
on-site parking
tenant storage space
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Bontrager Realty, LLC
Listed By:
Travis Bontrager · License IN RB14037902
(574) 238-5912
Source:
Kaserrealty
Added: Nov 12
Last Checked: Nov 13 at 2:31AM
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 Bontrager Realty, LLC
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Investment Insights
Based on property information with market context.
The 3,330-square-foot multifamily property at 1051 Middlebury Street dates to 1905 and contains three apartments. The first-floor unit has two bedrooms, one bathroom, a basement, central air and heat, and laundry. A second-floor apartment provides two bedrooms and one bathroom, with central heat and window air conditioning. The third-floor unit has one bedroom and one bathroom, with electric baseboard heat and window air conditioning. Gas and electric service are metered separately; water and sewer are not separately metered.
On-site parking and tenant storage are part of the property. Plumbing and electrical systems have received updates, some windows have been replaced with vinyl units, and the roof was replaced in 2016.
On-site parking and tenant storage are part of the property. Plumbing and electrical systems have received updates, some windows have been replaced with vinyl units, and the roof was replaced in 2016.
Key Highlights
- 3,330 square feet across 3 residential units
- Unit mix includes two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
- Gas and electric are separately metered; water and sewer are not
Property Analytics
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Lease Details
3
Residential units
Yes
Utilities to site
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 - Three residences offer varied layouts, on-site parking, and dedicated tenant storage.
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: 3,330 square feet across 3 residential units; Unit mix includes two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment; Gas and electric are separately metered; water and sewer are not
