4-Unit Quadplex with Metal
For Sale
$174,900
Pending
1413 Prairie Street, Elkhart, IN 46516
INVESTMENT, Two Story, Elkhart, IN
Property Size3,448 SF
Lot Size0.18 Acres
Days on Market28
Property Features for 1413 Prairie Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 4, Bathroom 3
Basement
Block
Lot features
0-2.9999
Elementary school
Mary Beck
Middle school
North Side
High school
Elkhart
Elementary school district
Elkhart Community Schools
Middle school district
Elkhart Community Schools
High school district
Elkhart Community Schools
Directions
Indiana Ave to Prairie St
Subdivision
Elkhart County
Standard status
Pending
APN
20-06-08-284-019.000-012
Size
3,448 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
MATHERS SO EX 16 1/2FT S SIDE LOT 6
Legal Description
MATHERS SO EX 16 1/2FT S SIDE LOT 6
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Flooring type
Mixed
Roof type
Metal
Architectural style
Other
Listing Agency:
Myers Trust Real Estate
(574) 875-5149
Listed By:
Andrew Myers · License #RB14031728
(574) 320-1214
Added: Jul 28
Changed: Aug 19
Last Checked: Aug 24 at 2:06PM
MLS# 202630570
Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4-unit quadplex at 1413 Prairie Street, Elkhart, IN 46516 includes basement space and a mixed flooring layout. The property was built in 1920 and features a metal roof and vinyl siding. There are four separate gas and electric meters serving the units.
Current status: 1 unit is currently rented. Of the remaining units, 2 of the vacant units appear ready to rent, while the other vacancy appears to require minor repairs to be rented. The property is offered “as is, where is,” and buyers are responsible for verifying expenses to their own satisfaction.
The parcel is 0.18 acres, and the property size is 3,448 square feet.
Current status: 1 unit is currently rented. Of the remaining units, 2 of the vacant units appear ready to rent, while the other vacancy appears to require minor repairs to be rented. The property is offered “as is, where is,” and buyers are responsible for verifying expenses to their own satisfaction.
The parcel is 0.18 acres, and the property size is 3,448 square feet.
Key Highlights
- 4 units: 1 currently rented
- Four separate gas and electric meters
- Metal roof and vinyl siding
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - One of the four units is currently rented, with three other units appearing ready or close to being rent-ready.
Where is this quadplex located?
The property is located at 1413 Prairie Street Elkhart, IN.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 4 units: 1 currently rented; Four separate gas and electric meters; Metal roof and vinyl siding
