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Duplex With Separate Utilities
For Sale
$185,000

122 Crescent St, Goshen, IN 46528

Two-unit residential property with separately metered utilities, an updated boiler system, and an income-producing barn.

Property Size2,382 SF
Price / SF$77.67
Days on Market40

Property Features for 122 Crescent St

General Information

Standard status Active
Size 2,382 SF
Property subtype Multi-Family

Building Details

Year Built 1890
Listing Agency: RE/MAX Results
Listed By: James Bausch · License #RB15000093
Source: Callcriswell
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 25 at 4:14AM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

Located at 122 Crescent St in Goshen, Indiana, this 2,382-square-foot duplex was built in 1890 and includes two separately metered residential units. Gas and electric service are individually metered, with tenants responsible for their own utility costs. A newer high-efficiency boiler provides the building’s heating system.

The property occupies a corner lot and includes a barn that produces additional rental income. Both apartments have remained occupied without reported vacancies during the past four years, with long-term tenants in place. The existing configuration combines residential units with a separate accessory income component.

Key Highlights

  • 2,382 SF duplex built in 1890
  • Two residential units with separate gas and electric meters
  • Tenants responsible for gas and electric utilities

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

850
Businesses Nearby

Demographics for 46528, IN

27,223
Population
8,495
Households
3.2
Avg Household Size
34
Median Age
25%
College-Educated
80%
High-School Grad
72.5 sq mi
ZIP Area
375
Density / Sq Mi
$77,620
Median Household Income
$40,539
Median Earnings
$1,056
Median Rent
$237,600
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?
Duplex - Two-unit residential property with separately metered utilities, an updated boiler system, and an income-producing barn.
Where is this duplex located?
The property is located at 122 Crescent St Goshen, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2,382 SF duplex built in 1890; Two residential units with separate gas and electric meters; Tenants responsible for gas and electric utilities
More about this property
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