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Occupied Triplex Income Property
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214 S 8th Street, Goshen, IN 46528

All three units are occupied, with tenants paying gas and electric and a newer roof installed five years ago.

Property SizeContact for details
Days on Market121

Property Features for 214 S 8th Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 3
Listing Agency: Berkshire Hathaway HomeServices Goshen
Listed By: Pam French · License #IN
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 7:40PM

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 Goshen

Investment Insights

Based on property information with market context.

This occupied triplex presents three separate units, all currently leased. Unit A operates on a month-to-month arrangement, while the other two units are on week-to-week terms. Tenants are responsible for gas and electric utilities.

The property includes three furnaces with reported ages of approximately 6 years, 10 years, and 20+ years. The roof is approximately five years old.

For buyers, the current terms include an agreement that Unit A rent will not be raised for 12 months following purchase.

Key Highlights

  • All three units are currently occupied; Unit A is month‑to‑month and the other two units are week‑to‑week.
  • Buyer must agree not to raise rent on Unit A for 12 months after purchase.
  • Tenants pay gas and electric.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency Dental Office Locksmith Big Box & Wholesale Store Storage Facility

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

857
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?
Triplex - All three units are occupied, with tenants paying gas and electric and a newer roof installed five years ago.
Where is this triplex located?
The property is located at 214 S 8th Street Goshen, IN.
What are key features of this property?
This property features: All three units are currently occupied; Unit A is month‑to‑month and the other two units are week‑to‑week.; Buyer must agree not to raise rent on Unit A for 12 months after purchase.; Tenants pay gas and electric.
More about this property
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