For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Brick Duplex with Covered Porch Title is generated by Realmo AI

    323 South 6th Street, Goshen, IN 46528

    View on Map
    Claim this Listing
    For Sale
    $309,000

    Brick duplex with two separate units, hardwood floors, and washer/dryer amenities suited for rental or owner-occupancy.

    Type:Multi Family / Duplex
    Property size:
    2,868 SF
    Price / SF:
    $107/SF
    Added:
    May 28, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 6:10 am

    Property Features for 323 South 6th Street

    General Information

    Standard status
    Active
    Size
    2,868 SF
    Property subtype
    Multi Family / Duplex

    Building Details

    Year Built
    1910

    We can help!

    Listing Contact
    Adam Pendl
    Adam Pendl

    Listing agent Adam Pendl

    Listing office eXp Realty, LLC

    Listing date May 28, 2026

    Source Compass

    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 eXp Realty, LLC

    HighLights

    • Brick duplex built in 1910 with 2 units and 5 total bedrooms (2nd story has 2 bedrooms; lower unit has 3 bedrooms).
    • Lower unit features hardwood floors, spacious entryway, and boiler heat; currently rented for $1,200/month with owner‑paid utilities.
    • Upper unit includes hardwood floors, updated windows, newer bathroom, and a new kitchen with quartz countertops, tile backsplash, and stainless steel appliances; in‑unit washer/dryer.
    • Boiler replaced in 2021 and roof updated around 2023; attic has extensive insulation.
    • Basement is full and unfinished with additional washer/dryer hookups; includes 1 water meter and 1 gas meter.
    • Off‑street parking plus carport and a large covered front porch; plans to increase upper rent to $1,800/month.

    Overview

    This brick duplex offers two independently laid-out residences with classic character and in-unit practicality. The lower unit has approximately three bedrooms, hardwood floors, a spacious entryway, and boiler heat. The upper unit features hardwood floors and updates including updated windows, a newer bathroom, and a newer kitchen with quartz countertops, tile backsplash, stainless steel appliances, and pantry space, along with an in-unit washer and dryer and a functional two-bedroom layout with a separate living room. The property also includes a large covered front porch, carport, and a basement with additional washer and dryer hookups, plus an attic with extensive insulation that may be finished for added space.

    The duplex is located at 323 South 6th Street in Goshen, Indiana. It has a boiler replacement completed in 2021 and a roof update completed around 2023. Utility costs are described as running approximately $300–$500 per month, with owner-paid utilities noted for the lower unit.

    For tenants or owner-occupants, the separate unit configuration supports flexible living or leasing arrangements. The presence of in-unit laundry in the upper unit and additional hookups in the basement can help accommodate everyday household needs, while exterior features like the covered porch and carport add day-to-day comfort. Current rents are provided in the remarks, including a noted plan to increase the upper unit rent from $1,600/month to $1,800/month.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.8k $12.84
    − Vacancy −$2.8k −$0.96
    EGI $34.1k $11.88
    − OpEx −$10.2k −$3.56
    NOI $23.8k $8.31
    2,868 SF · lease $12.84/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $340.6K
    $298.1K – $397.4K (±1% cap)
    NOI $23,844 @ 7.0% cap · market cap 7.72%
    Second Best
    Apartment 5plus
    $303.8K
    $265.9K – $354.5K (±1% cap)
    NOI $21,269 @ 7.0% cap · market cap 6.88%
    Theoretical Best
    Specialty Retail
    $531.0K
    $464.6K – $619.5K (±1% cap)
    NOI $37,169 @ 7.0% cap · market cap 12.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Goshen
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.831696
    Latitude
    41.582554

    FAQs

    What type of property is this?
    Duplex - Brick duplex with two separate units, hardwood floors, and washer/dryer amenities suited for rental or owner-occupancy.
    Where is this duplex located?
    The property is located at 323 South 6th Street Goshen, IN.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: Brick duplex built in 1910 with 2 units and 5 total bedrooms (2nd story has 2 bedrooms; lower unit has 3 bedrooms).; Lower unit features hardwood floors, spacious entryway, and boiler heat; currently rented for $1,200/month with owner‑paid utilities.; Upper unit includes hardwood floors, updated windows, newer bathroom, and a new kitchen with quartz countertops, tile backsplash, and stainless steel appliances; in‑unit washer/dryer.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message