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Triplex with Rental Income
For Sale
Contact for pricing
Pending

116 N 6th St, Elkhart, IN 46516

Three-unit residential income property with one occupied unit and two available units.

Property SizeContact for details
Days on Market143

Property Features for 116 N 6th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Berkshire Hathaway HomeServices Northern Indiana Real Estate
Listed By: Tina Seniff · License #RB15001537
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 5:21PM

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 Berkshire Hathaway HomeServices Northern Indiana Real Estate

Investment Insights

Based on property information with market context.

This triplex contains three residential units, with one currently rented and two vacant. The property is offered in its existing condition, providing a straightforward configuration for an owner or operator evaluating a small multifamily asset.

Located at 116 N 6th St in Elkhart, Indiana, the property is being offered for sale.

Key Highlights

  • Three‑unit triplex configuration
  • One unit is currently rented
  • Two units are vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith

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

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

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

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

What type of property is this?
Triplex - Three-unit residential income property with one occupied unit and two available units.
Where is this triplex located?
The property is located at 116 N 6th St Elkhart, IN.
What are key features of this property?
This property features: Three‑unit triplex configuration; One unit is currently rented; Two units are vacant
More about this property
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