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1106 North Michigan Street, Elkhart, IN 46514

Four Elkhart properties feature recent roof, mechanical, electrical, and interior updates.

Property SizeContact for details
Days on Market20

Property Features for 1106 North Michigan Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 22

Amenities

laundromat

Building Details

Buildings 4
Listing Agency: Bright Star Real Estate Services
Listed By: Jesse Riegsecker · License #IN RB14046169
Source: Crexi
Added: Aug 17 Changed: Sep 4 Last Checked: Sep 4 at 2:15PM

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 Bright Star Real Estate Services

Investment Insights

Based on property information with market context.

This offering includes four apartment properties at 1106 and 1108 N Michigan St. and 417 and 425 W Franklin St. in Elkhart. The buildings contain multiple apartment units, with improvements ranging from replacement roofs, windows, flooring, paint, bathrooms, electrical panels, water heaters, and boilers to updated water and sewer lines. Several properties also include controlled common-area access and shared dumpsters.

At 1106 N Michigan St., high-efficiency furnaces, windows, and a shingle roof were installed around 2018, while 1108 N Michigan St. has four gas boilers and new gas and electric metering installed in 2020. The Michigan Street buildings share a basement laundromat serving their tenants. Both Franklin Street properties include steel roofs, updated electrical systems, interior improvements, and newer water and sewer connections. The Franklin Street buildings also include boiler controls, attic insulation, and common-area entry systems.

Basement expansion possibilities are identified at both Michigan Street properties, subject to egress windows and other code-required improvements.

Key Highlights

  • Four apartment properties offered together at 1106 and 1108 N Michigan St. and 417 and 425 W Franklin St.
  • 1106 N Michigan St. includes 4 units, 2018 high‑efficiency furnaces, replacement windows, and a 2018 shingle roof
  • 1108 N Michigan St. includes 5 units, a 2026 steel roof, four gas boilers, and new utility metering installed in 2020

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 46514, IN

42,048
Population
17,987
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
38.7 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,784
Median Household Income
$40,909
Median Earnings
$1,084
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four Elkhart properties feature recent roof, mechanical, electrical, and interior updates.
Where is this apartment building located?
The property is located at 1106 North Michigan Street Elkhart, IN.
What are key features of this property?
This property features: Four apartment properties offered together at 1106 and 1108 N Michigan St. and 417 and 425 W Franklin St.; 1106 N Michigan St. includes 4 units, 2018 high‑efficiency furnaces, replacement windows, and a 2018 shingle roof; 1108 N Michigan St. includes 5 units, a 2026 steel roof, four gas boilers, and new utility metering installed in 2020
(574) 612-7277 Call to check price and availability
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