Mixed-Use Building with
218 S 3Rd Street, Elkhart, IN 46516
For Sale
New
$199,900
COMMERCIAL, Elkhart, IN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market3
Property Features for 218 S 3Rd Street
General Information
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Rooms
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Subdivision
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Additional Details
Tenant in Place
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Taxes and HOA fees
Tax Year
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Utilities
Cooling system
Building Details
Year built
Flooring type
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Listing Agency:
Price Investments
(574) 295-9827
Listed By:
Tonia Miller · License IN RB14011258
(574) 361-3625
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 202646457
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.
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Investment Insights
Based on property information with market context.
This mixed-use property combines two offices on the main floor, each with its own entrance, and two apartments on the upper floor. Both apartments are currently rented. Built in 1931, the building has central air, mixed and carpet flooring, and off-street parking.
The property is in Elkhart’s Central Business District at 218 S 3rd Street. The site covers 0.18 acres.
The property is in Elkhart’s Central Business District at 218 S 3rd Street. The site covers 0.18 acres.
Key Highlights
- Two main‑floor offices, each with a separate entrance
- Two upper‑floor apartments are rented
- 0.18‑acre site in Elkhart’s Central Business District
Property Analytics
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Current Use
Lease Details
2
Office units
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two street-level offices with separate entrances are paired with two rented apartments above.
Where is this mixed-use property located?
The property is located at 218 S 3Rd Street Elkhart, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two main‑floor offices, each with a separate entrance; Two upper‑floor apartments are rented; 0.18‑acre site in Elkhart’s Central Business District
